HEALTH WEALTH CAREER 2016 TOTAL REMUNERATION SURVEY (TRS) · PDF file Coverage — TRS...
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H E A LT H W E A LT H C A R E E R
2 0 1 6 T O TA L R E M U N E R AT I O N S U R V E Y ( T R S) T H E K E Y T O D E S I G N I N G C O M P E T I T I V E P A Y P A C K A G E S L AT I N A M E R I C A
W W W.IMERCER.COM/ TRS
T H E K E Y T O D E S I G N I N G C O M P E T I T I V E P A Y P A C K A G E S W O R L D W I D E
M O R E I N F O R M A T I O N : W W W . I M E R C E R . C O M / T R S
SURVEYS DELIVERED ONLINE THROUGH
MERCER WIN® SURVEYS IN OVER
125 COUNTRIES WORLDWIDE
NEW MARKETS CAMBODIA, LAOS, LEBANON, LUXEMBOURG, JORDAN, IRAN IRAQ, LIBYA, MYANMAR AND MONTENEGRO
CONTAINS INFORMATION BASED ON MORE THAN
2 MILLION INCUMBENTS
3,000 ORGANIZATIONS IN LATIN AMERICA
COVERS MORE THAN
I N T R O D U C T I O N
The Mercer Total Remuneration Survey (TRS) results will provide you with comprehensive information on compensation and benefits around the globe. Human resource professionals from some of the world’s leading organizations obtain this information from Mercer because TRS provides consistent, accurate, high-quality data covering the full reward package.
Wherever you have operations, you need reliable, up-to-date information on market pay rates and benefits prevalence to ensure that your reward packages remain cost-effective and competitive in the marketplace.
C O N S I D E R T H E S E Q U E S T I O N S . . .
• Do you have an easy-to-use source for comparing compensation and benefits across geographies?
• Are you able to evaluate the competitive position of each of your total remuneration elements?
• Is your pay strategy consistent while ensuring external competitiveness and maintaining internal equity?
• Are you able to generate instant and fully customized comparisons of your organization against the market?
T R S – D E S I G N E D T O H E L P Y O U M A K E I N F O R M E D D E C I S I O N S
Consistency — The same methodologies are applied to an average of 700 general industry jobs in most countries, so you use one consistent data source locally, regionally, and globally.
Coverage — TRS gives you access to more than 700 cross-industry jobs and is available in more than 125 countries covering the full remuneration package. Industry specific data is also available through TRS Industry Supplements.
Reliability — Consistent participation each year which creates a solid representation of the market trends.
Versatility — Through Mercer WIN® you can analyze the survey results according to your needs and conduct “what if” analysis to instantly measure your competitiveness against the market.
P O S I T I O N S A N D F U N C T I O N S S U R V E Y E D
Mercer TRS covers more than 700 cross-industry jobs, from executives to para-professional level, in the following job families:
• Contact centre
• Corporate affairs
• Human resources
• Information technology
• Project engineering
• Research and development
• Repair and maintenance
• Sales and marketing
• Supply and logistics
C O N S I D E R T H E T O T A L R E W A R D S P A C K A G E
The Mercer TRS is made up of six components providing a complete picture of total remuneration data.
M E R C E R T R S T O T A L R E W A R D S P A C K A G E
A N N U A L B A S E S A L A R Y
Monthly base salary times the number of months guaranteed.
T O T A L G U A R A N T E E D C A S H C O M P E N S A T I O N
Base salary plus the annualized value of guaranteed allowances.
A N N U A L T O T A L C A S H C O M P E N S A T I O N
Total guaranteed cash compensation plus annualized value of short-term incentive, sales incentive, profit sharing or other incentive awards.
T O T A L D I R E C T C O M P E N S A T I O N
Total cash compensation plus the annualized value of any long-term incentive awards, valued using Black-Scholes methodology for appreciation-based awards.
A N N U A L T O T A L R E M U N E R A T I O N
Total direct compensation plus the annualized value of benefits.
B A S E S A L A R Y 1 2 M O N T H S
Monthly base salary for 12 months.�
W H A T D O Y O U R E C E I V E ?
ONLINE ACCESS The survey results are delivered through Mercer WIN® which allows you to create custom views, analyze data across markets simultaneously, create unlimited peer groups, refine the market, compare your data vs. the market*, combine jobs, export to Excel, and much more!
SURVEY OVERVIEW An overview of the market pay trends relative to the prior year as well as a summary of the economic, political and labor trends in the country.
BENEFITS & PREVALENCE SUMMARY Policy & Practice Report - A summary of organizations’ remuneration policies, which includes salary budget forecasts, compensation mix by employee groups, short-term and long-term incentive practices, as well as benefits.
ACTUAL MARKET DATA Market analysis by job including all remuneration values, helping you determine which jobs are more competitive within the market.
MARKET REGRESSION Market regression and related position class report - Market analysis by position class (Mercer’s International Position Evaluation (IPE) methodology for job evaluation) for each of the major components of total remuneration.
CUSTOM ANALYSIS Custom statistics tailored to your needs, based on peer groups, industry, revenue size, total employees, and more, using Mercer WIN®.
*Only available for participants
M E R C E R W I N ®
The Mercer Workforce Intelligence Network® (Mercer WIN) is a single-point access to Mercer’s unparalleled survey data and analytics. With Mercer WIN, you can easily retrieve and synthesise vast amounts of data into usable packets of information relating to compensation and other HR issues. To make key decisions, you no longer need to sift through reams of information stored in dozens of locations and formats. Instead, you can access the data and tools you need from a single location.
M E R C E R W I N H A S P O W E R F U L , F L E X I B L E F E A T U R E S T H A T E N A B L E Y O U T O :
• Access information readily and quickly via its easy-to-use, simple, and clear navigation functions.
• Retrieve and compare data within and across industries, regions, and countries simultaneously.
• Produce multi-market refinements in one view.
• Analyze and compare structure to market by job, family, career level, and position class.
• Generate customized charts, graphs, and reports at the click of a button.
M E R C E R W I N S C R E E N S H O T S
W W W . I M E R C E R . C O M / W I N
T R S I S A V A I L A B L E I N O V E R 1 2 5 C O U N T R I E S W O R L D W I D E , I N C L U D I N G
AMERICAS AND CARIBBEAN
` Argentina ` Bolivia ` Brazil ` Canada ` Chile ` Colombia ` Costa Rica ` Dominican Republic
` Ecuador ` El Salvador ` Guatemala ` Honduras ` Jamaica ` Mexico
` Nicaragua ` Panama ` Paraguay ` Peru ` Puerto Rico ` Trinidad and Tobago ` United States ` Uruguay ` Venezuela
` Algeria ` Angola ` Bahrain ` Benin ` Botswana ` Cameroon ` Democratic Republic Of Congo
` Egypt ` Equatorial Guinea
` Ethiopia ` Gabon ` Ghana ` Guinea- Conakry
` Iran ` Iraq ` Israel ` Ivory Coast ` Jordan ` Kenya ` Kuwait ` Lebanon ` Libya ` Madagascar ` Malawi ` Mauritius ` Morocco ` Mozambique ` Namibia ` Nigeria ` Oman
` Qatar ` Republic of Congo
` Reunion ` Rwanda ` Saudi Arabia ` Senegal ` South Africa ` Tanzania ` Tunisia ` Uganda ` United Arab Emirates
` Yemen ` Zambia ` Zimbabwe
` Australia ` Bangladesh ` Cambodia ` China
•Beijing •Changsha •Changzhou •Chengdu/ Chongqing
•Dalian •Guangdong •Hangzhou/ Ningbo
•Qingdao •Shanghai •Shenyang/ Changchun
•Tianjin •Wuhan •Wuxi •Xiamen/ Fuzhou
•Xian ` Hong Kong ` India ` Indonesia
` Japan ` Laos ` Malaysia ` Myanmar ` New Zealand ` Pakistan ` Philippines ` Singapore ` South Korea ` Sri Lanka ` Taiwan ` Thailand ` Vietnam
` Armenia ` Austria ` Azerbaijan ` Belarus ` Belgium ` Bosnia- Herzegovina
` Bulgaria ` Croatia ` Czech Republic ` Denmark ` Estonia ` Finland ` France ` Georgia ` Germany
` Greece ` Hungary ` Ireland ` Italy ` Kazakhstan ` Latvia ` Lithuania ` Luxembourg ` Macedonia ` Moldova ` Montenegro ` Netherlands ` Norway ` Poland ` Portugal ` Romania
` Russia ` Serbia ` Slovakia ` Slovenia ` Spain ` Sweden ` Switzerland ` Turkey ` Ukraine ` United Kingdom ` Uzbekistan
EUROPE MIDDLE EAST / AFRICA
M E R C E R T R S M E M B E R S H I P
Join some of the world’s leading organizations and use Mercer as your source of consistent, relia