Pulso General
Total Compensation Database
General Industry
|
English | Espaņol
|

|
PULSO General Database: General Industry
|
 |
Information on the compensation market, representing
Mexico's leading businesses
|
 |
230 typical positions, collected industry-wide in the country's
principal industrial centers
|
 |
A total compensation plan, including evaluation of benefits
in kind
|
 |
Emphasis on the process of matching or comparing positions
|
 |
Evaluation of positions using the Watson Wyatt Global Grading
system
|
 |
Includes market reports and comparisons of the participant against
a panorama of selected firms
|
 |
Predictions for raises in salary, supported by the reported
budget for each participant
|
The information in this database is regularly updated, so that each participant
can obtain a comparative report, with recent data, at any date of the
year.
The market reports are edited in June of each year and submitted in
July. A supplement is edited in December of each year and submitted in
February of the following year. Total Compensation
In our country, compensation is based on an enormous assortment of pay
and benefits; because of this, a survey of base salaries would prove
insufficient in determining the competitive position of your business.
For this reason, the Watson Wyatt Pulso General database includes an
analysis of all possible vehicles for compensation of personnel: 
1 – Base
Salary, Includes the real salary of employees who occupy the positions surveyed
2 – Fixed Cash Payments,
1 + the value of all guaranteed fixed cash payments
3 – Total Cash Payments,
2 + incentives or variable compensation, quantified in real currency
to assure consistency
4 – Taxable Cash Payments,
3 + the value of tax savings to the employee with an eye to tax-free
forms of compensation
5 – Total Compensation,
4 + the principal benefits received by employees, evaluated using certified
actuarial methodology The information and specifications for
employee service and benefit programs are collected through personal
interviews in the participant's offices.
Our system calculates the total compensation for each position, which
helps guarantee the accuracy of the results.
|
The format for typical or benchmark positions
in the market report includes a summary of all components in the
pay package. |
The Deliverables The market report
Your business will receive a market report containing information on the economic
environment, the panorama of participants, and the practices on benefits and
services and plans for managing compensation.
The report includes an overview of the pay levels for each typical or benchmarked
position.
The report is distributed in CD format or, if you wish, in hard copy
(at additional charge).
Individual Comparison
Your business will also receive a comparative report outlining your business's
competitive position, comparing it with real statistical references to the
group of firms that you choose, configured using lenses that you determine:
statistics, language, currency, etc.
Online Information
Survey information will be available to participants online at no additional
cost, through our own PulsOnline, Watson Wyatt's online tool for the use
and distribution of data for Mexico.
|
The analysis includes job-based comparison
reports on the concepts of payment and summaries aggregated by
function and segment. |
Some Elements of the Process
Matching and evaluation
Each position reported by your organization will be carefully compared
to similar positions in our database, and will be evaluated using the
Global Grading system, which has been used to evaluate thousands of
positions in hundreds of businesses the world over.
As part of the process, we will conduct an analysis to ensure that there
is consistency in the data grouped together for each business and at
the market-wide level.
For your individual comparison, you will be able to define the form
in which your positions will be compared - by direct match or by match
with evaluation.
Position included
The survey includes a panorama of 230 positions from all strata and all
functional groups of the organization [except for sales personnel in
the field and CEO].
Data collection with the personal touch, at your offices
Survey data will be collected in a questionnaire that will be sent ahead
of time to each participant and revised by a Watson Wyatt consultant,
together with the human resources leadership of your business.
Out task force
The members of our task force have been conducting total compensation
surveys - for twenty years, in some cases; they have been exhaustively
trained in these procedures and have become familiar with the global
environment and the compensation practices of all the various industrial
sectors.
Other Included Services
As part of their annual subscription, participants have the
right to attend events where results are released. There, we present
the principal discoveries made by our consultants, at no additional cost
to the participant.
As part of our service, we also include an orientation session, in
which participants learn the details of our reporting structure,
methodology,
and the detailed contents of every report they will receive.
|