Australian Professional Services Remuneration Report

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Position Descriptions - Online
Position Descriptions - .pdf Download
Sample of Hewitt's Remuneration Market Data Format
 
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Report Content Overview

Hewitt produces the Australian Professional Services Remuneration Report in March each year, with 2010 representing the sixth edition of this valuable source of market remuneration data for consulting roles.

The report is an authoritative source of data that has been designed specifically for organisations operating within the professional services sector, including those with consulting capabilities in IT/Technology, Strategy/Operations, and Human Capital, Tax, Audit, Corporate Recovery and Sustainability.

The survey contains 6 positions and is based on a fairly typical 5-tier consulting structure plus a graduate role. The positions are:

  • Associate Consulting Director / Associate Partner
  • Principal Consultant / Senior Manager
  • Senior Consultant / Manager
  • Consultant
  • Associate Consultant / Analyst
  • Graduate
In 2009, nine key professional services organisations contributed salaries and benefits information relating to 3,368 individual employees. In addition to comprehensive remuneration tables for each of the 6 roles based on the overall data received, the report also provides breakdowns of information based on each of the three originalcore consulting streams:
  • IT/Technology
  • Strategy/Operations
  • Human Capital
Plus four new streams introduced in 2010:
  • Tax
  • Audit
  • Corporate Recovery
  • Sustainability

This level of detail allows organisations to compare themselves and their employees to their true comparator group and to see whether distinct differentials exist for different types of consulting assignments and capabilities.

The market intelligence contained within the report is used by participating organisations to set salary levels that are aligned with the pay rates offered in the market, thereby ensuring that business profitability is not compromised by overspending on salaries and that talented employees are not lost from the organisation as a result of underspending on salaries.

The annual subscription includes a forum facilitated by Hewitt, where report participants meet to discuss the content and findings as well as remuneration/human resources issues. These forums facilitate the sharing of human resources experiences and practice within the industry and are useful opportunities for collectively broadening remuneration expertise.

More Info

Please contact Hewitt on +61 2 8440 6500 or email infoaustralia@hewitt.com

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