Professional Documents
Culture Documents
or t
e p
l e R
m p
S a
Economic Highlights xx
r t
Workforce Size xx
o
Pay Delivery & Management xx
p
High Potentials and Top Performers xx
Re
Participation Demographics 5
Appendix 8
l e
Definitions of Terms 9
m p
S a
Survey Highlights and Insights
This report presents the results of the 31st annual Global Salary Increase Survey conducted by
Aon. The survey focuses on overall changes in employee compensation for the calendar year xxxx and
on current projections for xxxx. The survey spans xxxx markets with xxxxxx country submissions
received during July and August. Participants include service, manufacturing, and multi-industry
organizations.
o r t
ep
l e R
m p
S a
Key Insights
t
Economic and political global uncertainty is casting a pall over the compensation budgeting process for
r
xxxx. Organizations continue to remain apprehensive about increasing their fixed costs. The chart below
o
shows the comparison between xxxx average actual salary increase for all employees and projected
consumer purchase index (CPI) for xxxx.
e p
R
2018 Salary Increase 10.0%
pl e
m
CPI 10.0%
S a
Companies are instead increasing their reliance on variable forms of rewards. Details on variable spending
can be found in the country reports or in our Global Variable Compensation Measurement™ (VCM™) survey.
Special Note
Occasionally we are asked how survey antitrust rules apply to collecting and reporting salary increase
information. In fact, some organizations request that they receive the report with any prospective
information removed. Aon believes that, because such data (as is presented in this report) is widely
available and is sufficiently general in nature, it falls within standard survey safe harbor guidelines.
However, if your company’s legal counsel suggests taking a more conservative approach, we can provide
a version of the report that excludes projected data.
or t
e p
l e R
m p
S a
t
Guam
r
Hungary Zambia
Hong Kong Ireland
o
India Israel Latin America
Indonesia
p
Italy Antigua
Japan Jordan
e
Korea Argentina
Kazakhstan Bahamas
Macau Kenya
R
Malaysia Barbados
Kuwait Bermuda
New Zealand Latvia Bolivia
e
Papua New Guinea Lebanon
l
Philippines Brazil
Lithuania Chile
p
Singapore Luxembourg
Sri Lanka Colombia
Malta Costa Rica
m
Taiwan Morocco
Thailand Dominican Republic
Mozambique
a
Vietnam Ecuador
Netherlands El Salvador
S
Norway Guatemala
Europe/Middle East/ Oman Honduras
Africa Poland Jamaica
Portugal Mexico
Angola
Qatar Netherlands Antilles
Austria
Romania Nicaragua
Azerbaijan
Russia Panama
Bahrain
Saudi Arabia Peru
Belgium
Serbia Puerto Rico
Botswana
Slovakia Trinidad and Tobago
Bulgaria
Slovenia Uruguay
Croatia
South Africa Venezuela
Cyprus
Spain
Czech Republic
Sweden
Denmark
st
You may purchase detailed survey results from any of the countries above. The 31 annual Global
Salary Planning Report will be available in September 2018.
or t
e p
l e R
m p
S a
or t
e p
l e R
m p
S a
or t
e p
l e R
m p
S a
100.0%
Top Executive/Sr. Mgmt
100.0%
100.0%
100.0%
100.0%
Middle Management
100.0%
100.0%
100.0%
100.0%
Junior Mgmt/Prof./Supv
100.0%
100.0%
100.0%
100.0%
100.0%
t
Clerical/Admin/Tech
100.0%
r
100.0%
o
100.0%
100.0%
p
Manual Workforce
100.0%
100.0%
e
100.0%
R
All Employees
100.0%
100.0%
100.0%
pl e
2018 Average, Including Salary Freezes and Paycuts 2018 Average, Excluding Salary Freezes and Paycuts
2019Average, Including Salary Freezes and Paycuts 2019 Average, Excluding Salary Freezes and Paycuts
a m Average
S
Actual 2018 Projected 2019
Employee Groups Including Excluding Including Excluding
Salary Freezes Salary Freezes Salary Freezes Salary Freezes
and Pay Cuts and Pay Cuts and Pay Cuts and Pay Cuts
Top Executive/Sr. Mgmt 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Middle Management 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Junior Mgmt/Prof./Supv 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Clerical/Admin/Tech 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Manual Workforce 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Employees 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0%
Top Executive/Sr. Mgmt
100.0%
100.0%
100.0%
100.0%
Middle Management 100.0%
100.0%
100.0%
100.0%
Junior Mgmt/Prof./Supv 100.0%
100.0%
100.0%
100.0%
Clerical/Admin/Tech 100.0%
100.0%
100.0%
t
100.0%
r
Manual Workforce 100.0%
100.0%
100.0%
po
100.0%
All Employees
100.0%
100.0%
e
100.0%
R
2018 Average, Including Salary Freezes and Paycuts 2018 Average, Excluding Salary Freezes and Paycuts
e
2019 Average, Including Salary Freezes and Paycuts 2019 Average, Excluding Salary Freezes and Paycuts
pl Average
m
Actual 2018 Projected 2019
a
Employee Groups Including Excluding Including Excluding
Salary Freezes Salary Freezes Salary Freezes Salary Freezes
S
and Pay Cuts and Pay Cuts and Pay Cuts and Pay Cuts
Top Executive/Sr. Mgmt 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Middle Management 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Junior Mgmt/Prof./Supv 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Clerical/Admin/Tech 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Manual Workforce 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Employees 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0%
Top Executive/Sr. Mgmt 100.0%
100.0%
100.0%
100.0%
Middle Management 100.0%
100.0%
100.0%
100.0%
Junior Mgmt/Prof./Supv 100.0%
100.0%
100.0%
100.0%
Clerical/Admin/Tech 100.0%
100.0%
100.0%
100.0%
t
Manual Workforce 100.0%
r
100.0%
100.0%
o
100.0%
p
All Employees 100.0%
100.0%
e
100.0%
R
2018 Average, Including Salary Freezes and Paycuts 2018 Average, Excluding Salary Freezes and Paycuts
2019 Average, Including Salary Freezes and Paycuts 2019 Average, Excluding Salary Freezes and Paycuts
pl e Actual 2018
Average
Projected 2019
m
Employee Groups Including Excluding Including Excluding
Salary Freezes Salary Freezes Salary Freezes Salary Freezes
a
and Pay Cuts and Pay Cuts and Pay Cuts and Pay Cuts
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
Top Executive/Sr. Mgmt
Middle Management 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Junior Mgmt/Prof./Supv 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Clerical/Admin/Tech 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Manual Workforce 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Employees 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0%
Top Executive/Sr. Mgmt 100.0%
100.0%
100.0%
100.0%
Middle Management 100.0%
100.0%
100.0%
100.0%
Junior Mgmt/Prof./Supv 100.0%
100.0%
100.0%
100.0%
Clerical/Admin/Tech 100.0%
100.0%
100.0%
100.0%
100.0%
t
Manual Workforce
100.0%
r
100.0%
o
100.0%
All Employees 100.0%
100.0%
p
100.0%
e
2018 Average, Including Salary Freezes and Paycuts 2018 Average, Excluding Salary Freezes and Paycuts
R
2019 Average, Including Salary Freezes and Paycuts 2019 Average, Excluding Salary Freezes and Paycuts
pl e Actual 2018
Average
Projected 2019
m
Employee Groups Including Excluding Including Excluding
Salary Freezes Salary Freezes Salary Freezes Salary Freezes
a
and Pay Cuts and Pay Cuts and Pay Cuts and Pay Cuts
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
Top Executive/Sr. Mgmt
Middle Management 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Junior Mgmt/Prof./Supv 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Clerical/Admin/Tech 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Manual Workforce 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Employees 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
or t
e p
l e R
m p
S a
r t
Annual Revenue Actual 2018 Projected 2019 Actual 2018 Projected 2019
Less than $0.5 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
o
$0.5–$1.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$1.1–$5.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
$5.1–$10.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
$10.1–$25.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$25.1–$50.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$50.1–$100.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
R
$100.1–$250.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$250.1–$500.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Above $500 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
pl
m
Clerical/Admin/Tech Manual Workforce
Annual Revenue Actual 2018 Projected 2019 Actual 2018 Projected 2019
a
Less than $0.5 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$0.5–$1.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
$1.1–$5.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$5.1–$10.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$10.1–$25.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$25.1–$50.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$50.1–$100.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$100.1–$250.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
$250.1–$500.0 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Above $500 million 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
t
Under 500
r
500–1,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
1,001–2,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
o
2,001–5,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
5,001–10,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
10,001–20,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
20,001–50,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Over 50,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Full–Time Employees Actual 2018 Projected 2019 Actual 2018 Projected 2019
Under 500 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
m
500–1,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
a
1,001–2,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
2,001–5,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
5,001–10,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
10,001–20,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
20,001–50,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Over 50,000 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Far Exceeding Often Exceeded Often Did Not Meet Did not meet
Met Expectations
Expectations Expectations Expectations Expectations
% Salary % of % Salary % of % Salary % of % Salary % of % Salary % of
Increases Employees Increases Employees Increases Employees Increases Employees Increases Employees
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
(100) (100) (100) (100) (100) (100) (100) (100) (100) (100) (100) (100) (100)
or t
e p
l e R
m p
S a
Average
Actual 2018 Projected 2019
Including Excluding Including Excluding
Salary Freezes Salary Freezes Salary Freezes Salary Freezes
and Pay Cuts and Pay Cuts and Pay Cuts and Pay Cuts
Manufacturing
Aerospace 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Agriculture 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Automotive/Vehicle Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Auto Brands 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Auto Parts 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Chemicals (not Pharmaceutical) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products - Durable Goods 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products - Nondurable Goods 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Electronics/Electrical 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
t
Food/Beverage/Tobacco
r
Diversified/Multi-Organization 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Energy (Power/Oil/Gas) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
o
Oil/Gas 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Power 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Engineering/Manufacturing
Industrial Machinery/Equipment 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
R
Building Materials 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Textiles/Apparel Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Rubber/Plastics/Glass 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
l
Forest & Paper Products/Packaging 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Life Sciences 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Animal Health 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
m
CRO 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Pharmaceutical 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
a
Medical Devices 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
Metals 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Mining/Milling/Smelting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Average
Actual 2018 Projected 201
Including Excluding Including Excluding
Salary Freezes Salary Freezes Salary Freezes Salary Freezes
and Pay Cuts and Pay Cuts and Pay Cuts and Pay Cuts
Services
Banking/Finance 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Banks 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Insurance - Life & Health 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Insurance - Property & Casualty 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Insurance - Other 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Funds/Asset Management 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Investment Banks 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Securities 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Financial Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Construction/Engineering 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
t
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
r
Education Services
Engineering Design 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
o
Entertainment/Communications/Publication 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Media 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Printing/Publishing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Government 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
R
Health Care/Medical Services
Hi - Tech 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Business/Computer Services
l
Computers (Software and Hardware) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Application Services/Consulting
Semiconductors 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
m
Hospitality/Restaurants/ Travel
Infrastructure 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
a
ITeS (IT Enabled Services) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
BFSI Captives 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
KPO/Analytics 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Captives 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Third Party Service Providers 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Not-for-Profit (not Hospitals/Schools) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Professional Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Advertising and PR 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Accounting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consulting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Legal 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Real Estate 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Research/Development 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Retail (incl. Wholesale & Distribution) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Telecommunications 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Mobile Service Providers 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Telecommunication Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Transportation/ Logistics/ Shipping Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Service 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Companies 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
or t
e p
l e R
m p
S a
Yes, 10%,
No, 20%,
r t
(n=100)
o
Alignment of Variable Pay Plan
p
<<Brief write up>>
Re
Yes, Regional
Business Line,
Yes, Corporate,
e
10%
l
10%
m p
a
Yes, Regional, Yes, Global
Business Line,
S
10%
10% (n=100)
Percent of
Organizations*
No adjustments are made 100.0% (100)
Eligibility Criteria 100.0% (100)
Targets 100.0% (100)
Measures 100.0% (100)
*Percentages will total more than 100% due to multiple responses given by some participants (n=100)
Percent of
Type of Plans
Organizations*
or t
e p
l e R
m p
S a
Percent of
Type of Plan
Organizations
t
Cash profit sharing awards
r
Top Executive/Sr. Mgmt 100.0% (100)
o
Middle Management 100.0% (100)
100.0% (100)
p
Junior Mgmt/Proff./Supv
Clerical/Admin/Tech 100.0% (100)
e
Manual Workforce 100.0% (100)
R
Business incentive awards
Top Executive/Sr. Mgmt 100.0% (100)
e
Middle Management 100.0% (100)
l
Junior Mgmt/Proff./Supv 100.0% (100)
p
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
m
Team awards
a
Top Executive/Sr. Mgmt 100.0% (100)
Middle Management 100.0% (100)
S
Junior Mgmt/Proff./Supv 100.0% (100)
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
Gain sharing/productivity awards
Top Executive/Sr. Mgmt 100.0% (100)
Middle Management 100.0% (100)
Junior Mgmt/Proff./Supv 100.0% (100)
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
*Percentages will total more than 100% due to multiple responses given by some participants (n=100)
**Any Bonus or incentive plans intended only for sales population have been excluded from these calculations.
Percent of
Organizations
Manufacturing
Aerospace 100.0% (100)
Agriculture 100.0% (100)
Automotive/Vehicle Manufacturing 100.0% (100)
Auto Brands 100.0% (100)
Auto Parts 100.0% (100)
Chemicals (not Pharmaceutical) 100.0% (100)
Consumer Products 100.0% (100)
Consumer Products - Durable Goods 100.0% (100)
Consumer Products - Nondurable Goods 100.0% (100)
Electronics/Electrical 100.0% (100)
Consumer Products - Food/Beverage/Tobacco 100.0% (100)
Diversified/Multi-Organisation 100.0% (100)
t
Energy (Power/Oil/Gas) 100.0% (100)
r
Oil/Gas 100.0% (100)
o
Power 100.0% (100)
Engineering/Manufacturing 100.0% (100)
p
Industrial Machinery/Equipment 100.0% (100)
e
Building Materials 100.0% (100)
Textiles/Apparel Manufacturing 100.0% (100)
R
Rubber/Plastics/Glass 100.0% (100)
Forest & Paper Products/Packaging 100.0% (100)
e
100.0% (100)
l
Life Sciences
Animal Health 100.0% (100)
p
CRO 100.0% (100)
Pharmaceutical 100.0% (100)
m
Medical Devices 100.0% (100)
a
Metals 100.0% (100)
Mining/Milling/Smelting 100.0% (100)
S
Other Manufacturing 100.0% (100)
All Manufacturing 100% (100)
Percent of
Organizations
Services
Banking/Finance 100.0% (100)
Banks 100.0% (100)
Insurance - Life & Health 100.0% (100)
Insurance - Property & Casualty 100.0% (100)
Insurance - Other 100.0% (100)
Funds/Asset Management 100.0% (100)
Investment Banks 100.0% (100)
Securities 100.0% (100)
Other Financial Services 100.0% (100)
Construction/Engineering 100.0% (100)
Education Services 100.0% (100)
Engineering Design 100.0% (100)
t
Entertainment/Communications/Publication 100.0% (100)
r
Media 100.0% (100)
o
Printing/Publishing 100.0% (100)
Government 100.0% (100)
p
Health Care/Medical Services 100.0% (100)
e
Hi - Tech 100.0% (100)
Business/Computer Services 100.0% (100)
R
Computers and Related Products (Software and Hardware) 100.0% (100)
Application Services/Consulting 100.0% (100)
e
100.0% (100)
l
Semiconductors
Hospitality/Restaurants/ Travel 100.0% (100)
p
Infrastructure 100.0% (100)
ITeS (IT Enabled Services) 100.0% (100)
m
BFSI Captives 100.0% (100)
a
KPO/Analytics 100.0% (100)
Other Captives 100.0% (100)
S
Third Party Service Providers 100.0% (100)
Not-for-Profit (not Hospitals/Schools) 100.0% (100)
Professional Services 100.0% (100)
Advertising and PR 100.0% (100)
Accounting 100.0% (100)
Consulting 100.0% (100)
Legal 100.0% (100)
Real Estate 100.0% (100)
Research/Development 100.0% (100)
Retail (incl. Wholesale & Distribution) 100.0% (100)
Telecommunications 100.0% (100)
Mobile Service Providers 100.0% (100)
Other Telecommunication Services 100.0% (100)
Transportation/ Logistics/ Shipping Services 100.0% (100)
Other Service 100.0% (100)
No, 10.0%
Yes, 20.0%
(n=100)
r t
Average percentage of Employees
Employee Groups
receiving a payout
po
All employees 100.0% (100)
Top Executive/Sr. Mgmt 100.0% (100)
e
Middle Management 100.0% (100)
100.0% (100)
R
Junior Mgmt/Proff./Supv
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
pl e
Organization Spending on Broad Based Variable Pay Awards
m
<<Brief write up>>
S
All employees
a
Employee Groups
100.0%
100.0%
100.0%
(100)
(100)
(100)
Actual 2014
100.0%
100.0%
100.0%
(100)
(100)
(100)
Junior Mgmt/Proff./Supv 100.0% (100) 100.0% (100)
Clerical/Admin/Tech 100.0% (100) 100.0% (100)
Manual Workforce 100.0% (100) 100.0% (100)
*All organizations having no or zero payout have been excluded from the above numbers
Percent of
Types of Plans
Organisations *
Restricted Stock
Top Executive/Sr. Mgmt 100.0% (100)
Middle Management 100.0% (100)
Junior Mgmt/Proff./Supv 100.0% (100)
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
Stock Options
Top Executive/Sr. Mgmt 100.0% (100)
Middle Management 100.0% (100)
Junior Mgmt/Proff./Supv 100.0% (100)
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
r t
Performance Shares/Units
Top Executive/Sr. Mgmt 100.0% (100)
o
Middle Management 100.0% (100)
p
Junior Mgmt/Proff./Supv 100.0% (100)
e
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
R
Phantom Stocks
Top Executive/Sr. Mgmt 100.0% (100)
l e
Middle Management 100.0% (100)
Junior Mgmt/Proff./Supv 100.0% (100)
p
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
m
Other
a
Top Executive/Sr. Mgmt 100.0% (100)
100.0% (100)
S
Middle Management
Junior Mgmt/Proff./Supv 100.0% (100)
Clerical/Admin/Tech 100.0% (100)
Manual Workforce 100.0% (100)
*Percentages will total more than 100% due to more than one response by some participants (n=19)
t
Top Executive/Sr. Mgmt 100.0% (100)
r
Middle Management 100.0% (100)
Junior Mgmt/Proff./Supv 100.0% (100)
o
Clerical/Admin/Tech 100.0% (100)
p
Manual Workforce 100.0% (100)
Re
pl e
a m
S
No Yes
10.0% 20.0%
r t
(n=100)
o
<<Brief write up>>
e p
Percent of
Types of Plans
Organizations*
R
Restricted Stock 100.0% (100)
Stock options 100.0% (100)
l e
Performance shares/units 100.0% (100)
Phantom Stock 100.0% (100)
p
Other 100.0% (100)
m
*Percentages will total more than 100% due to multiple responses by some participants (n=100)
S a
Percent of
Organizations
Manufacturing
Aerospace 100.0% (100)
Agriculture 100.0% (100)
Automotive/Vehicle Manufacturing 100.0% (100)
Auto Brands 100.0% (100)
Auto Parts 100.0% (100)
Chemicals (not Pharmaceutical) 100.0% (100)
Consumer Products 100.0% (100)
Consumer Products - Durable Goods 100.0% (100)
Consumer Products - Nondurable Goods 100.0% (100)
Electronics/Electrical 100.0% (100)
Consumer Products - Food/Beverage/Tobacco 100.0% (100)
Diversified/Multi-Organisation 100.0% (100)
t
Energy (Power/Oil/Gas) 100.0% (100)
r
Oil/Gas 100.0% (100)
o
Power 100.0% (100)
Engineering/Manufacturing 100.0% (100)
p
Industrial Machinery/Equipment 100.0% (100)
e
Building Materials 100.0% (100)
Textiles/Apparel Manufacturing 100.0% (100)
R
Rubber/Plastics/Glass 100.0% (100)
Forest & Paper Products/Packaging 100.0% (100)
e
Life Sciences 100.0% (100)
l
Animal Health 100.0% (100)
p
CRO 100.0% (100)
Pharmaceutical 100.0% (100)
m
Medical Devices 100.0% (100)
a
Metals 100.0% (100)
Mining/Milling/Smelting 100.0% (100)
S
Other Manufacturing 100.0% (100)
Percent of
Organizations
Services
Banking/Finance 100.0% (100)
Banks 100.0% (100)
Insurance - Life & Health 100.0% (100)
Insurance - Property & Casualty 100.0% (100)
Insurance - Other 100.0% (100)
Funds/Asset Management 100.0% (100)
Investment Banks 100.0% (100)
Securities 100.0% (100)
Other Financial Services 100.0% (100)
Construction/Engineering 100.0% (100)
Education Services 100.0% (100)
Engineering Design 100.0% (100)
t
Entertainment/Communications/Publication 100.0% (100)
r
Media 100.0% (100)
o
Printing/Publishing 100.0% (100)
Government 100.0% (100)
p
Health Care/Medical Services 100.0% (100)
e
Hi - Tech 100.0% (100)
Business/Computer Services 100.0% (100)
R
Computers and Related Products (Software and Hardware) 100.0% (100)
Application Services/Consulting 100.0% (100)
e
Semiconductors 100.0% (100)
l
Hospitality/Restaurants/ Travel 100.0% (100)
p
Infrastructure 100.0% (100)
ITeS (IT Enabled Services) 100.0% (100)
m
BFSI Captives 100.0% (100)
a
KPO/Analytics 100.0% (100)
Other Captives 100.0% (100)
S
Third Party Service Providers 100.0% (100)
Not-for-Profit (not Hospitals/Schools) 100.0% (100)
Professional Services 100.0% (100)
Advertising and PR 100.0% (100)
Accounting 100.0% (100)
Consulting 100.0% (100)
Legal 100.0% (100)
Real Estate 100.0% (100)
Research/Development 100.0% (100)
Retail (incl. Wholesale & Distribution) 100.0% (100)
Telecommunications 100.0% (100)
Mobile Service Providers 100.0% (100)
Other Telecommunication Services 100.0% (100)
Transportation/ Logistics/ Shipping Services 100.0% (100)
Other Service 100.0% (100)
or t
e p
l e R
m p
S a
100.0%
All Employees 100.0%
100.0%
100.0%
Critical Talent 100.0%
100.0%
100.0%
Manual Workforce 100.0%
100.0%
100.0%
Clerical/Admin/Tech 100.0%
100.0%
100.0%
Junior Mgmt/Proff./Supv 100.0%
100.0%
100.0%
Middle Management 100.0%
100.0%
100.0%
Top Executive/Sr. Mgmt 100.0%
t
100.0%
or
Overall Turnover Rate Voluntary Turnover Rate Involuntary Turnover Rate
e p
Involuntary Turnover Voluntary Overall
Employee Groups
Rate Turnover Rate Turnover Rate
R
Top Executive/Sr. Mgmt 100.0% (100) 100.0% (100) 100.0% (100)
e
Middle Management 100.0% (100) 100.0% (100) 100.0% (100)
l
Junior Mgmt/Proff./Supv 100.0% (100) 100.0% (100) 100.0% (100)
p
Clerical/Admin/Tech 100.0% (100) 100.0% (100) 100.0% (100)
Manual Workforce 100.0% (100) 100.0% (100) 100.0% (100)
m
Critical Talent 100.0% (100) 100.0% (100) 100.0% (100)
a
All Employees 100.0% (100) 100.0% (100) 100.0% (100)
Junior
Top Middle Manager/
Overall General Staff Manual Workforce Critical Talent
Executive Management Supervisor/
Professional
Manufacturing
Aerospace 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Agriculture 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Automotive/Vehicle Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Auto Brands 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Auto Parts 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Chemicals (not Pharmaceutical) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products - Durable Goods 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products - Nondurable Goods 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Electronics/Electrical 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Consumer Products - Food/Beverage/Tobacco 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Diversified/Multi-Organisation 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Energy (Power/Oil/Gas) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Oil/Gas 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Power 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Engineering/Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
t
Industrial Machinery/Equipment 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
r
Building Materials 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Textiles/Apparel Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
o
Rubber/Plastics/Glass 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Forest & Paper Products/Packaging 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Life Sciences 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Animal Health 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
CRO 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Pharmaceutical 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
R
Medical Devices 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Metals 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Mining/Milling/Smelting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Other Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
l
All Manufacturing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
m p
S a
Junior
Top Middle Manager/
Overall General Staff Manual Workforce Critical Talent
Executive Management Supervisor/
Professional
Services
Banking/Finance 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Banks 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Insurance - Life & Health 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Insurance - Property & Casualty 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Insurance - Other 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Funds/Asset Management 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Investment Banks 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Securities 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Financial Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Construction/Engineering 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Education Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Engineering Design 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Entertainment/Communications/Publication 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Media 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Printing/Publishing 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Government 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
t
Health Care/Medical Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
r
Hi - Tech 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Business/Computer Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
o
Computers and Related Products 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Application Services/Consulting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Semiconductors 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Hospitality/Restaurants/ Travel 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Infrastructure 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
ITeS (IT Enabled Services) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
R
BFSI Captives 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
KPO/Analytics 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Captives 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
e
Third Party Service Providers 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
l
Not-for-Profit (not Hospitals/Schools) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
p
Professional Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Advertising and PR 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Accounting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
m
Consulting 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Legal 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
a
Real Estate 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Research/Development 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
S
Retail (incl. Wholesale & Distribution) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Telecommunications 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Mobile Service Providers 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Telecommunication Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Transportation/ Logistics/ Shipping Services 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
Other Service 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100) 100.0% (100)
All Services 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0
All Companies 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0 100.0% 100.0
t
Pay above market (Off cycle Market Adjustment or Merit Increases) 100.0% 100
r
Long-Term Incentives 100.0% 100
Short-Term Incentives 100.0% 100
o
Accelerated Career Development Opportunities 100.0% 100
p
Improved Work Life Balance 100.0% 100
e
Timely and meaningful feedback from managers 100.0% 100
Other 100.0% 100
R
(n=100)
* Prevalence denotes the frequency of retention measures cited by responding organisations, irrespective of ran
l e
Key Attraction Measures
p
Measures Prevalence Rank
a m
Competitive fixed compensation 100.0% 100
Competitive variable compensation (eg. Bonus, stock awards etc) 100.0% 100
S
Competitive benefits and perquisites (eg. Pension, company car, time off) 100.0% 100
Work environment (eg. Leadership, culture, flexible work arrangements) 100.0% 100
Career development opportunities 100.0% 100
Other 100.0% 100
(n=100)
* Prevalence denotes the frequency of attraction measures cited by responding organisations, irrespective of rank.
p
performance year
depending on the no. of
e
months served
10.0%
R
(n=)
pl e
a m
S
or t
e p
l e R
m p
S a
Percent of
Factors
Organisations*
t
Others
r
*Percentages will total more than 100% due to multiple responses by some participants (n=100)
o
Factors Influencing Organisation's Pay Decisions
e p
<<Brief write up>>
R
Percent of
Factors
Organizations*
l e
Performance 100.0% (100)
p
Internal Equity 100.0% (100)
Market Competitiveness of Pay 100.0% (100)
m
Availability of Budgets 100.0% (100)
Knowledge & Skill 100.0% (100)
a
Potential 100.0% (100)
S
Scope & Size of Role 100.0% (100)
Seniority of Level 100.0% (100)
Others 100.0% (100)
*Percentages will total more than 100% due to multiple responses by some participants (n=100)
Level
Position Pay Functional
Ranges, Pay Ranges,
10.0% 10.0%
r t
(n=100)
po
Methodologies Used to Determine Pay Increase
e
<<Brief write up>>
l e R
p
Others Performance Rating
25.0% 25.0%
a m
S Discretionary
25.0%
Merit Matrix based
on performance and
positioning/compa
ratio of the individual
in the current range
25.0%
(n=100)
Percentage of
Frequency
Organizations
No 100.0% 100
Yes 100.0% 100
2 Times a year 100.0% 100
More than 2 times a year 100.0% 100
(n=100)
No performance
6-point scale, rating scale,
10.0% 10.0%
5-point scale,
10.0% 3-point scale,
10.0%
r t
4-point scale,
o
10.0%
(n=100)
p
Month of Salary Revision
Re
<<Brief write up>>
April as the month of salary revision.
l e
January 10.0%
p
February 10.0%
m
March 10.0%
a
April 10.0%
May 10.0%
S
June 10.0%
July 10.0%
August 10.0%
September 10.0%
October 10.0%
November 10.0%
December 10.0%
(n=100)
Percent of
Communication
Organisations
Employees know their own salary range information only 100.0% (100)
Communicate all salary range information to all employees, excluding executive salary ranges 100.0% (100)
r t
No Yes
o
10.0% 20.0%
e p
e R
(n=100)
p
Communicate Compensation Philosophy
<<Brief write up>>
l
a m
S No
10.0%
Yes
20.0%
(n=100)
Percent of
Responsibility of Communications
Organisations
Business/Line Manager 100.0% (100)
Human Resource Department 100.0% (100)
Joint responsibility between Business/Line Manager AND Human Resource Department 100.0% (100)
(n=100)
or t
e p
l e R
m p
S a
High Potentials—An elite group of employees who are seen as being capable of contributing to the organisation in
a role with greater complexity, impact, scope and scale than their current roles. They have the versatility to play
a number of roles in the organisation; demonstrate the ability to see things from new perspectives and to quickly
adapt; would be difficult to replace due to the value that they bring to the organisation; and consistently deliver
strong results.
Top Performers—A group of employees who clearly and consistently demonstrate extraordinary and exceptional
accomplishments in all major areas of responsibility. Performance of this caliber is rarely qualed by others who
hold positions of comparable responsibility. A top performer is not automatically a High Potential.
Critical Talent/ Key Positions —Those positions that require specific knowledge and specialisation.
Would be difficult to replace them due to the value that they bring to the organisation. Positions that support
the core business, without them the operations are at risk and with them profitability and growth is achieved.
Low Performers— A group of employees who clearly and consistently demonstrate a performance under
the minimum expectations in mayor areas of responsibility. Low performers could be either or both in terms of
results or versus individual objectives or disruptive behaviors for the team or for the company efficiency and/or values.
t
Identification of High Potentials, Top and Low Performers and Key Positions
r
<< Breif write UP>>
o
<< Breif write UP>>
Separate Merit Budget for High Potentials, Top and Low Performers and Key Positions
p
<< Breif write UP>>
e
<< Breif write UP>>
R
Separate Merit Budget Percentage of Organisations
l e
In addition to the overall merit budget for all employees 100.0% (100)
A "carve out" of the overall merit budget for all employees 100.0% (100)
p
Unsure 100.0% (100)
m
(n=100)
a
Percentage of Overall Merit Budget allocated for High Potentials, Top Performers and Key Positions
S
High Potentials Top Performers Key Positions
Actual 2013 Projected 2014 Actual 2013 Projected 2014 Actual 2013 Projected 2014
Percentage of Overall Merit
Budget 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Merit increases to base salary 100.0% 100 100.0% 100 100.0% 100
r t
Other 100.0% 100 100.0% 100 100.0% 100
o
(n=100) (n=100) (n=100)
p
High Potentials Top Performers
e
Merit
R
Merit increases to
increases to base salary,
base salary, Other, 10.0% 10.0%
e
Other, 10.0% 10.0%
m
Unsure, 10.0% 10.0%
S a
Stock/Stock
options, 10.0%
Variable pay
(bonus/incentiv
e), 10.0%
Special
recognition
(cash,
merchandise,
travel), 10.0%
Stock/Stock
options, 10.0%
Variable pay
(bonus/incentiv
e), 10.0%
Special
recognition
(cash,
merchandise,
travel), 10.0%
Key Positions
Merit increases to
Other, 10.0% base salary, 10.0%
Separate merit budget for: (100) 100.0% (100) 100.0% (100) 100.0% (100)
t
around high differentiation for :
r
Managers receive training in
o
(100) 100.0% (100) 100.0% (100) 100.0% (100)
differentiation in pay decisions for :
p
Other (100) 100.0% (100) 100.0% (100) 100.0% (100)
Re
pl e
a m
S
or t
e p
l e R
m p
S a
Number of
Participants
Manufacturing
Aerospace 100
Agriculture 100
Automotive/Vehicle Manufacturing 100
Auto Brands 100
Auto Parts 100
Chemicals (not Pharmaceutical) 100
Consumer Products 100
Consumer Products - Durable Goods 100
Consumer Products - Nondurable Goods 100
Electronics/Electrical 100
Consumer Products - Food/Beverage/Tobacco 100
Diversified/Multi-Organisation 100
t
Energy (Power/Oil/Gas) 100
r
Oil/Gas 100
o
Power 100
Engineering/Manufacturing 100
p
Industrial Machinery/Equipment 100
e
Building Materials 100
Textiles/Apparel Manufacturing 100
R
Rubber/Plastics/Glass 100
Forest & Paper Products/Packaging 100
l e
Life Sciences 100
Animal Health 100
p
CRO 100
Pharmaceutical 100
m
Medical Devices 100
a
Metals 100
Mining/Milling/Smelting 100
S
Other Manufacturing 100
All Manufacturing 100
Number of
Participants
Services
Banking/Finance 100
Banks 100
Insurance - Life & Health 100
Insurance - Property & Casualty 100
Insurance - Other 100
Funds/Asset Management 100
Investment Banks 100
Securities 100
Other Financial Services 100
Construction/Engineering 100
Education Services 100
Engineering Design 100
t
Entertainment/Communications/Publication 100
r
Media 100
o
Printing/Publishing 100
Government 100
p
Health Care/Medical Services 100
e
Hi - Tech 100
Business/Computer Services 100
R
Computers and Related Products (Software and Hardware) 100
Application Services/Consulting 100
l e
Semiconductors 100
Hospitality/Restaurants/ Travel 100
p
Infrastructure 100
ITeS (IT Enabled Services) 100
m
BFSI Captives 100
a
KPO/Analytics 100
Other Captives 100
S
Third Party Service Providers 100
Not-for-Profit (not Hospitals/Schools) 100
Professional Services 100
Advertising and PR 100
Accounting 100
Consulting 100
Legal 100
Real Estate 100
Research/Development 100
Retail (incl. Wholesale & Distribution) 100
Telecommunications 100
Mobile Service Providers 100
Other Telecommunication Services 100
Transportation/ Logistics/ Shipping Services 100
Other Service 100
All Services 100
All Companies 100
All Companies
Percent of No. of
Annual Revenue
Organizations Responses
(n=100)
t
Manufacturing
r
Percent of No. of
Annual Revenue
o
z Organizations Responses
p
Less than $0.5 million 100.0% (100)
$0.5-$1.0 million 100.0% (100)
e
$1.1-$5.0 million 100.0% (100)
R
$5.1-$10.0 million 100.0% (100)
$10.1-$25.0 million 100.0% (100)
e
$25.1-$50.0 million 100.0% (100)
l
$50.1-$100.0 million 100.0% (100)
p
$100.1-$250.0 million 100.0% (100)
$250.1-$500.0 million 100.0% (100)
m
Above $500 million 100.0% (100)
a
(n=100)
S
Services
Percent of No. of
Annual Revenue
Organizations Responses
(n=100)
All Companies
Number of Percent of No. of
Full-Time Employees Organisations Responses
t
Full-Time Employees Organisations Responses
r
Under 500 100.0% (100)
o
500-1,000 100.0% (100)
p
1,001-2,000 100.0% (100)
2,001-5,000 100.0% (100)
e
5,001-10,000 100.0% (100)
10,001-20,000 100.0% (100)
R
20,001-50,000 100.0% (100)
Over 50,000 100.0% (100)
l e
(n=100)
p
Services
Number of Percent of No. of
m
Full-Time Employees Organisations Responses
a
Under 500 100.0% (100)
500-1,000 100.0% (100)
S
1,001-2,000 100.0% (100)
2,001-5,000 100.0% (100)
5,001-10,000 100.0% (100)
10,001-20,000 100.0% (100)
20,001-50,000 100.0% (100)
Over 50,000 100.0% (100)
(n=100)
or t
e p
l e R
m p
S a
t
establish policy, and have a major impact on the achievement of the business unit or function goal.
r
Example: Country manager and direct reports
Middle Management
e po
Middle management are first-line managers, who manage the activities of one major department and set-
R
up standard procedure and policy or lead projects or programs which have broad effect on overall policy
and achievement of organization-wide objectives.
l e
Example: Plant manager, business unit controller, marketing manager, systems manager
p
Junior Management/Professional/Supervisor
m
Provide day-to-day management of a team, has knowledge of a specialized field of technical or
a
administrative function and resolve problems of some difficulty, could be supervising a team or individual
S
contributor or be an entry-level professional.
Example: Production engineer/production planning manager, key account manager systems analyst,
business process team leader
Clerical/Admin/Tech
Administrative and support level staff.
Manual Workforce
Employees in positions such as skilled-production worker, unskilled-production worker, and warehouse
handler.
t
The amount of any nonguaranteed, individual performance-based increases, including merit lump sums.
r
The budget percentage is calculated by dividing the sum of increases granted/anticipated in the year,
o
divided by the total salaries of all eligible employees, whether or not they received a merit increase.
p
Note: For India the numbers represent a percent of total fixed pay.
e
General Salary Increase Budget
R
Any increases given over and above the merit salary and mandatory increase. The budget percentage is
e
calculated by dividing the sum of increases granted/anticipated in the year, divided by the total salaries of
l
all eligible employees, whether or not they received a general increase. General increase includes market
p
correction, special adjustment and promotional budgets.
m
Note: For India the numbers represent a percent of total fixed pay.
a
Total Salary Increase Budget
S
The total amount of all increases combined (that is, merit increases plus general increases plus
mandatory salary increases).
Note: For India the numbers represent a percent of total fixed pay.
Note: For India the numbers represent a percent of total fixed pay.
Note: For India the numbers represent a percent of total fixed pay.
t
increase.
por
Re
pl e
a m
S
Manufacturing Services
t
ABC Ltd ABC Ltd
r
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
o
ABC Ltd ABC Ltd
p
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
e
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
R
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
e
ABC Ltd ABC Ltd
l
ABC Ltd ABC Ltd
p
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
m
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
a
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
S
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
ABC Ltd ABC Ltd
ABC Ltd
ABC Ltd
ABC Ltd
ABC Ltd
ABC Ltd
ABC Ltd
t
Bahrain 10 Israel 10
r
Barbados 10 Italy 10
o
Belgium 10 Jamaica 10
Belize 10 Japan 10
p
Bermuda 10 Jordan 10
e
Bolivia 10 Kazakhstan 10
Botswana 10 Kenya 10
R
Brazil 10 Korea 10
Bulgaria 10 Kuwait 10
l e
Canada 10 Latvia 10
Cayman Islands 10 Lebanon 10
p
Chile 10 Lesotho 10
China 10 Lithuania 10
m
Columbia 10 Luxembourg 10
a
Costa Rica 10 Macau 10
S
Croatia 10 Malawi 10
Cyprus 10 Malaysia 10
Czech Republic 10 Malta 10
Denmark 10 Mexico 10
Dominican Republic 10 Morocco 10
Ecuador 10 Mozambique 10
Egypt 10 Netherlands 10
El Salvador 10 Netherlands Antilles 10
Estonia 10 New Zealand 10
Fiji 10 Nicaragua 10
Finland 10 Norway 10
France 10 Oman 10
Georgia 10 Panama 10
Germany 10 Papua New Guinea 10
Ghana 10 Peru 10
Gibraltar 10 Philippines 10
Greece 10 Poland 10
Guam 10 Portugal 10
Guatemala 10 Puerto Rico 10
Guernsey 10 Qatar 10
Guyana 10 Romania 10
t
Suriname 10 Vanuatu 10
r
Swaziland 10 Venezuela 10
Sweden 10 Vietnam 10
o
Switzerland 10 Yemen 10
p
Taiwan 10 Grand Total xx,xxx
e
Tanzania 10
l e R
m p
S a
www.aon.com
t
© 2018 Aon plc. All rights reserved.
r
To protect the confidential and proprietary information included in this material, it may not be disclosed
o
or provided to any third parties without the prior written consent of Aon.
p
Aon does not accept or assume any responsibility for any consequences arising from any person,
e
other than the intended recipient, using or relying on this material.
R
Authorized and regulated by the Financial Services Authority.
pl e
a m
S