2. Aon Hewitt speakers
Vincent Cornet Martin McGuigan
Director EMEA Reward Consulting | Paris Senior Reward Consultant | Dubai
François Auger Jackie Waller
Senior Reward Consultant | Paris Senior Reward Consultant | London
Gregor Lötsch
Senior Reward Consultant | Vienna
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4. Aon Hewitt Global Salary Planning Report
14,165 data submissions across 117 countries
Data collected:
• Overall salary increase budgets
• Mandatory increase budgets
• Merit increase budgets
• General increase budgets
• Special adjustments, miscellaneous budgets,
promotional budgets and salary structure
movement
• Current trends & hot topics
Click on the image for more information.
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5. Key observations and challenges for 2013
Observations:
• Very few salary freezes
• Relative stability: all European countries above
2.8 %
• Rise in merit increases
• Companies are competing for talent versus
governments facing debts
• Competitive context for key resources in all
markets
• Salary increases somewhat driven by industry
sector context
Challenges:
• Linking salary increase with performance
• Communicating more effectively
• Demonstrating the value of the whole package
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7. Reward strategy priorities
Priority
Rewarding & motivating high performers 1
Linking pay / incentives to performance 2
Retaining key staff 3
Getting the most from Total Reward 4
Staff engagement / morale 5
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Source: Aon Hewitt Reward Fundamentals Study, November 2011 7
8. Aon Hewitt Total Compensation Measurement™
• 180 countries, 680 job positions, 9 million
employees
• Globally consistent methodology and delivery in
all countries
• Executive, management, professional and sales
roles
• Unique dual-matching methodology
• Data reported by position, level, or both
• TotalCompensationCenter.com our online tool
allows you to benchmark your company data
using the comparator group of your choice
• Data for base salary, fixed payments and
allowances, target and actual bonuses, and long-
term incentives
Click on the image for more information.
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10. Execution of reward programmes is critical
In most companies, the basics are already in place:
• A compensation philosophy
• Processes, tools and procedures
• Reliable data
• Competent teams
However, reward strategy falls down due to
execution:
• Lack of articulation between existing systems
• Lack of effective communication
• Lack of credibility for reward programmes
• Lack of governance, leadership and/or “courage”
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11. Aon Hewitt Total Reward consulting
• Total reward strategy & design
• Total reward communication, including Total Reward Statements
• Broad-based pay analysis
• Job evaluation
• Salary structure development
• Performance management design, implementation & upskilling
• Incentive & Recognition plan design
• Salesforce effectiveness
• HR policies & processes
• Reward data services, including surveys and bespoke benchmarking
• Executive compensation analysis & consulting
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13. More information
Aon Hewitt worldwide Join us on:
Reward Data Services @AonHewittUK
Total Compensation Measurement™
http://linkd.in/HUN04I
Sales Incentive Survey
RemCentral, Salary Management Tool
Please click on the images below for more information:
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