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Report ContentDesigned consistently for easy comparisons among jobs across countries, each country-level report typically includes:
Global 50 Remuneration Planning Report 2015/2016
Global Towers Watson Data Services
The Towers Watson Global 50 Remuneration Planning Report is designed for busy multinationals who need reliable and consistent compensation, benefit and economic information in a user-friendly and consistent format.
AvailabilityAll companies Compensation trends including salary increases, variable pay and equity share participation
Statutory and occupational employee benefits and perquisites
Public holidays and annual leave
Economic growth, inflation and key highlights within the employment and reward environment
A snapshot of the relative wealth or purchasing power of employees by region and country
Base and variable pay practices based on the Towers Watson Global Grading System (GGS)*
Regional and country comparisons on net and gross salaries
The ability to convert data to a single currency
Job FamiliesAdministration
Engineering
Finance
General Management
Human Resources
Information Technology
Logistics and Purchasing
Manufacturing
Marketing
Research and Development
Sales
*GGS, a job-leveling tool, provides opportunities for a tailored implementation within a rigorous and defensible process for job evaluation. It also ensures consistency in the development of a career framework that balances internal equity and external competitiveness.
JobsSupport through executive level
All Sectors
North AmericaCanada United States
Central and South America ArgentinaBrazilChileColombiaMexicoPeruPuerto RicoVenezuela
AlgeriaAustriaBelgiumBulgariaCzech Republic DenmarkEgyptFinlandFranceGermanyGreeceHungary IrelandIsrael
ItalyKazakhstan LuxembourgMoroccoNetherlandsNigeriaNorwayPolandPortugalRomaniaRussiaSaudi Arabia SlovakiaSlovenia
South Africa Spain SwedenSwitzerlandTunisiaTurkeyUkraineUnited Arab EmiratesUnited Kingdom
Asia PacificAustraliaHong KongIndiaIndonesiaJapanMalaysiaPeople’s Republic of China Philippines SingaporeSouth Korea TaiwanThailandVietnam
Europe, Middle East and Africa
60 Countries MethodologyTowers Watson’s Global Grades are the underpinnings of all jobs. Spread across a 25 job-level hierarchy, they measure the relative internal values of jobs in an organization and align to quantifiable differences in market pay. In the context of survey job matching, Global Grades validate job matches and ensure consistent results across geographic areas and lines of business. We also apply several other factors that play a major role in determining appropriate compensation levels, such as sales, employment, complexity of markets (domestic, international or global) and product diversification.
OutputAccess the Data You Need in Just Three ClicksResults are available via CompSource, Towers Watson’s state-of-the-art output tool. CompSource delivers the richness of our market data through country comparisons for global grade structure and base salary analysis as seen in the examples below.
(in EURO – EUR – per annum)
Sample Country Global Salary Structure – Belgium
(in EURO – EUR – per annum)
Incentives for Sales Jobs – Belgium*
(in USD per annum)
Median Net Base Salary Comparison by Region and Country*
2015/2016 Global 50 Remuneration Planning Report Towers Watson Data Services
Median Relative Buying Power Comparison by Region and Country
Data displayed are for illustrative purposes only. Report formats and pay elements may vary by survey and country to reflect unique local practices.
About Towers WatsonTowers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. With 16,000 associates around the world, we offer consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management. Learn more at towerswatson.com.
Copyright © 2015 Towers Watson. All rights reserved.
TW-EU-2015-44170. October 2015.
twdataservices.com
/company/towerswatson @towerswatson /towerswatson
Towers Watson Data ServicesTowers Watson Data Services is a leading provider of compensation, benefits and employment practices information to the global employer community. Our databases are recognized worldwide as a premier source of current data for compensation planning.
Towers Watson Data ServicesSerenitas Building AAvenue E. Van Nieuwenhuyse 21160 Brussels, BelgiumT +32 2 678 1511 F +32 2 675 [email protected]
For more information or to purchase the report, visit twdataservices.com or call customer services at +32 2 678 1511.