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Watson Wyatt has a New Survey Tool: Watson Wyatt Compass™ - June 2003

Watson Wyatt Compass™ is a 100% web-based survey system used for the Watson Wyatt Total Rewards Surveys (TRS). It is a tool for data entry, analysis and reporting which allows companies who subscribe to TRS in the Asia Pacific region and around the globe to obtain the most comprehensive compensation and benefits data at anytime, from anywhere. It has the highest level of security and reliability ensuring participants confidentiality of their data.

Developed using Microsoft's latest .net technology, Watson Wyatt Compass™ will be rolled out in June 2003. The system is available in English and has translations in Japanese, Korean, Chinese Simplified and Chinese Traditional.

With Watson Wyatt Compass™ you will be able to:

  • perform data entry and report generation using the internet, which effectively shortens the survey process.
  • have the option to enter survey information using a pre-formatted spreadsheet and then importing the data directly into the system.
  • automatically check your data because the system has built-in validation standards that flags errors or missing required data. Validation reports are auto-generated by the system and immediately transmitted to the user via e-mail.
  • compute for total remuneration figures for incumbent data entered into the system at the very instant complete information is keyed-in and/or updated because the system allows for real-time benefits quantification.
  • age cash compensation data to some later date by using salary increase information entered into the system.
  • select benchmark jobs you want to analyze.
  • analyze data by job or using Watson Wyatt's Global Grades.
  • view regressed market tables on annual basic salary, guaranteed annual salary, total cash and total remuneration.
  • compare your salaries against actual market data for external competitiveness.
  • create your company trend line.
  • select custom percentiles of actual market data.
  • select a target market group to analyze against your own organization.
  • run queries based on certain variables such as number of employees, industry, revenue base, location, and others
  • generate custom reports from a variety of available report templates, exhibits and graphs, by simply specifying the preferred reporting parameters.
  • export data into excel and customize your own reports.

Technology Requirements

  • Windows 98, 98SE, 2000
  • Office 97/2000/XP
  • Internet Explorer 5.5 or IE 6.0 (preferred / advisable)
  • Netscape 6.0 (with limitations on screen formats, slower response)
  • Acrobat Reader (downloadable file from Adobe Acrobat)