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Companies from all over the world are facing the consequences of quick and constant changes in the marketplace. For the past five years, ongoing mergers, spin-offs, acquisitions, strategic partnerships, IPOs, etc have forced companies to find answers and to come up with solutions to meet the challenges of attracting, retaining and motivating professionals, especially those classified as talents. In Brazil, we have observed significant increase in the search for qualified staff, given that there are continuous new investment in plants, technologies, infrastructure, and services. Therefore, both domestic and international companies from all industries have been searching answers to the most relevant questions required for the success of any business endeavor:
So that companies may find the best answers to these and other questions, it is essential that Human Resources professionals, which are ultimately responsible for managing the compensation and benefit programs, have a source of information that brings together technology, innovation and reliability. Therefore, Watson Wyatt is proud to provide to these organizations a tool that combines all those assumptions - the STRATEGIC COMPENSATION SURVEY.
To access the complete list of participating companies, please contact a Watson Wyatt consultant.
The target is to serve as a unique source of answers to all the questions on Total Remuneration. The Strategic Compensation Survey presents the results divided into four levels of remuneration that enclose.
Using certified methodology, the model allows clients to determine the value of benefits to employees.
There is no single compensation survey design that works for large, complex companies as well as small businesses – and every structure in-between. Hence, Watson Wyatt's Strategic Compensation Survey includes varied components to address the variety of organizational structures in the marketplace. The comprehensive Catalog of Positions comprises nearly 420 positions, distributed from top to bottom positions in the organization, except for operational positions.
The job positions of your company will be compared with the typical job positions of the survey and evaluated through the Watson Wyatt worldwide system - Watson Wyatt Global Grading System, which makes possible comparisons, for Job Position by Job Position Methodology, as for Job Evaluation Position Methodology (GGS).
The results of STRATEGIC COMPENSATION SURVEY are submitted in report form presenting key information in a user friendly format, with the advantage of exporting it to Excel™, Word TM or Acrobat. It also contains specific analysis using charts and tables that facilitate understanding.
COMPTRACK ONLINE is the electronic tool of Watson Wyatt that provides on-line access to the survey reports. The system comprises surveys carried out by Watson Wyatt in over 95 countries. The technology used by COMPTRACK ONLINE provides a variety of functions that:
(1) The amounts shall be added by incurring taxes in Brazil (ISS, PIS and COFINS). Thus, as provided by the legislation in place, fees will be added by 16.62%.
Payments will be made as follows:
No other provider of compensation data can match our global presence. Watson Wyatt Data Services (WWDS) is a leading provider of compensation, benefits and employment practices information to the global employer community. From our strategically located data centers around the globe, WWDS annually gathers, analyzes and compiles data on the remuneration, benefits and employment practices of local and multinational companies. A dedicated staff of more than 350 associates handles everything from local pay issues to the most complex global pay equity concerns, using a variety of proprietary tools and methods. Our international databases contain up-to-date compensation information covering millions of employees. The data is based on the survey participation of organizations ranging from emerging growth companies to many of the world’s largest conglomerates. Our databases are recognized worldwide as the most reliable source of current data for compensation planning. Many of our global surveys are available in an array of formats, including print, PDF, online and CD. Our cutting-edge online programs provide easy-to-use data analysis for all the geographic and industry-specific data produced from our surveys. In Latin America, Watson Wyatt Data Services provides data and consulting to 18 of the largest economies in the region. With cutting-edge tools and technology, and expert advice and counsel, Watson Wyatt will help your organization develop competitive compensation programs that work.
For more information about the Watson Wyatt’s Strategic Compensation Survey, please contact one of our consultants:
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