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Market Data & Benchmarking
Reward is typically an organisation’s largest ongoing cost/investment in a singe resource. Consequently there is a need to ensure that the extent to which this investment is meeting its objectives.
Watson Wyatt consultants work with organisation’s to measure and benchmark the reward package from a broad range of perspectives. The issues that organisations commonly seek to measure are external competitiveness, internal equity, return on investment and employee satisfaction, there are of course many more issues ranging from strategic to tactical, qualitative to quantitative.
Watson Wyatt combines unparalleled databases, research and technologies with deep expertise in the best ways to improve the impact of the reward. Together we can help you determine how to retain top talent and become an employer of choice, learn what fosters employee motivation and confidence in your organisation.
Our ongoing research and our auditing tools helps you better understand the critical factors for successful reward program and measure how well your reward programs is aligned with business goals and strategies.
Our organisation measurement services include:
- Compensation Surveys
- Benefits preference research
- Employee surveys
- Interviews
- Focus Groups
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