2017 Wtwds Compensation Surveys Philippines Flyer

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2017 Compensation

Surveys – Philippines
When it comes to rewarding your talent
appropriately, having the right data matters

With accurate, high-quality, globally consistent compensation, HR policies and


benefits design practices data, combined with consulting expertise and intuitive
technology, we can help you:

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Make effective decisions with current, reliable data that covers all employees and Our powerful, integrated
industries for organizations of all sizes, in more than 115 countries around the world. products and solutions
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Enhance strategies with practical, actionable advice and in-depth market insights take the complexity out of
from our experienced consultants.
pay and benefits planning
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See the full picture with our range of compensation, benefits and workforce
reports and publications.
so you can attract, retain
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Address unique challenges with custom compensation and benefits surveys
and engage key talent to
designed to meet your organization’s goals and objectives. grow your business.
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Gain access to individual or group job matching support, events with the latest HR
and rewards insights, plus dedicated local, regional or global account management.

At a glance: Philippines Industry Surveys:


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Banking/Financial Services ƒƒ
Pharmaceutical and Health
13 Industries ƒƒ
Business Process Outsourcing
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Consumer Products/Manufacturing ƒƒ
Sciences
Real Estate/Construction
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Energy and Natural Resources ƒƒ
Retail

460 Participants ƒƒ
General Industry
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High Tech
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Semiconductor/Electronics
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Transportation and Logistics
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Insurance
720,000 Incumbents ƒƒ
IT/Telecommunications
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Media

Visit wtwdataservices.com for key participation information, deadline and results dates, upcoming events,
a complete list of functions and disciplines, participant lists and pricing details.
Flexible reporting and customizable analytics delivered online
Our surveys capture*:
HR Policies and Practices Compensation Benefits Design Practices
Additional information on typical local ƒƒ
Employee pay, location and geographic Comprehensive coverage of benefits
HR practices: responsibility information, including retirement,
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Attraction, retention and termination, ƒƒ
Base pay, guaranteed bonus, allowances, healthcare, death and disability, and
and lengths of service actual and variable pay, long-term incentives**, wellness to support benefits specialists
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Company car total cash and total direct compensation with plan benchmarking and design:
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Education and training, working hours, ƒƒ
Practice, prevalence, design and valuation for ƒƒ
Paid time off, meal benefits, flexible
business travel and relocation all long-term plan types underpinned by a global benefits
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Employer and employee costs, long-term incentive valuation methodology** ƒƒ
Healthcare: medical, dental and vision
including social security contributions ƒƒ
Organization size, number of employees, ƒƒ
Retirement: DB, DC or hybrid schemes
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Guaranteed payments, cash geographic scope, location, board ƒƒ
Risk benefits plans: death, accident,
allowances and perquisites membership** and reporting level disability, critical illness
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Wellness: medical check-ups,
*May vary by region, country or survey.
**Executive surveys only.
employee assistance plans

HR Policies and Practices General Industry Compensation Survey Report Benefits Design Practices
Training/professional development policy % reportingHR Generalist/Consultant Generalist/Multidiscipline Occupational Health Programmes
AHR000 How are occupational health programmes provided?
Policy for training/professional development or continuing education 86.7 % % % % of responses
Pay Data Your data 25th Median 75th
Type of policy Formally established 62.1 (25th) (Median) (75th) Number of responses: 268
Base Salary 688,840 649,173 6% 689,004 0% 774,456 -11% Organisation general practitioner on call 3%
Discretionary (on a case by case basis) 27.7Cash Allowances
Total Fixed
42,000 - - 48,000 -13% - - Internal department 12%
Combination of both (excluding
10.3Car) Outsourced department with onsite doctor or nurse 12%
Total Guaranteed Compensation 730,840 649,173 13% 692,050 6% 780,840 -6%
Coverage of costs Outsourced service on an as needed basis 73%
Target Total Variable Pay 103,326 54,224 91% 79,896 29% 136,070 -24%
Most employers tend to outsource the provision of OH benefits.
No of organisations responding: 234 Target Total Variable Pay % of Base 15.0% 8.0% 88% 12.0% 25% 18.0% -17%
All costs covered, including payment for missed working time Target 82.9
Total Compensation 834,166 697,048 20% 781,450 7% 863,175 -3% Number of occupational health employees who are onsite in the internal
Actual Total Variable Pay 18,137 18,000 1% 84,225 -78% 117,486 -85% department
All costs covered, excluding payment for missed working time 15.0 Other (Dentist,
Actual Total Variable Pay % of Base 2.6% 3.0% -11% 12.5% -79% 16.1% -84% Doctor Nurse Administrator Chiropodist, etc.)
No costs covered and no payment for missed working time 2.1 Compensation
Actual Total 748,977 696,096 8% 794,520 -6% 890,394 -16% Number of responses 10 21 16 8
Contribution to development/education activities 10th percentile 1 1 1 -
% % %
Valued Benefits Your data 25th Median 75th 25th percentile 1 1 1 1
No of organisations responding: 263 (25th) (Median) (75th)
Car Benefits - Car Purchase Cost - - - 328,000 - - - Median 1 1 1 2
% contributing 78.3 75th percentile 2 3 2 2
Car Benefits - Car Allowance 42,000 - - - - - -
Contribution covers MBA/University Education 69.2 - Monthly Leasing Cost 90th percentile 3 3 3 -
Car Benefits - - - 6,688 - - -
Average 2 2 2 2

Data displayed are for illustrative purposes only.

Address your organization’s most challenging


pay questions, such as: Willis Towers Watson
Compensation Software
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How does my organization’s pay strategy measure up to my Smart, intuitive and designed to help you
competitors?
create and manage effective pay structures
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How should we reward our employees with hot skills? that place total compensation within the
context of performance, market benchmarks
We also suggest:
and system-wide equity. To learn more, visit
Our Executive Compensation Survey, DataPlus – Job Pricing,
towerswatson.com/hrsoftware.
Custom Surveys and Compensation Consulting, and our
large selection of Research and Publication Reports.

Willis Towers Watson Data Services About Willis Towers Watson


Willis Towers Watson Data Services is a leading provider of Willis Towers Watson (NASDAQ: WLTW) is a leading global
compensation, benefit and employment practice information advisory, broking and solutions company that helps clients
to the global employer community. Our databases are around the world turn risk into a path for growth. With roots
recognized worldwide as a premier source of current data dating to 1828, Willis Towers Watson has 40,000 employees
for compensation planning. serving more than 140 countries. We design and deliver solutions
that manage risk, optimise benefits, cultivate talent, and expand
Contact Us the power of capital to protect and strengthen institutions and
Willis Towers Watson Data Services – Philippines individuals. Our unique perspective allows us to see the critical
23/F W City Center, 7th Avenue corner 30th Street intersections between talent, assets and ideas — the dynamic
Bonifacio Global City, Taguig City formula that drives business performance. Together, we unlock
T: +632 902 0777 potential. Learn more at willistowerswatson.com.
E: [email protected]

Copyright © 2016 Willis Towers Watson. All rights reserved.


WTWDS Compensation Survey Flyer – Philippines

wtwdataservices.com

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