Importance of salary data

This year we are seeing significant shifts in the way organisations are rewarding their employees. Some positions are now attracting a higher rate of pay whilst others have dropped significantly as supply and demand for various skill-sets shift and change. Additionally, many organisations are restructuring their reward packages to get the most out of limited salary budgets.

Staying informed of these market movements is critical for organisations to ensure their reward strategies are still meeting their business needs whilst minimising costs. The money spent on a salary survey subscription can be made back many times over in savings on unnecessary salary costs.

You will also receive the high level of client service Hewitt is known for along with our standard package of benefits:

• Access to Hewitt's salary database-the largest and most reliable database in the marketplace
• Economic Commentary containing a summary of general trends, up-to-date national and global economic indicators and job vacancy data
• 12-month coverage of actual salary movements and forecasts for the coming year
• Detailed, full-page Position Descriptions for all positions covered in the survey
• Comprehensive data on all the major elements of the remuneration package - salary, benefits and short and long-term incentives
• Online remuneration data through Data Centre that can be filtered according to your specific data needs (optional on some surveys)
• 'Career Levels' section that provides separate remuneration tables for each Job Family which can be used to enhance job matching, or as an alternative source of data for non-standard positions
• A Policy & Practice 'Feature Survey' on a specific remuneration or HR issue
• Free attendance to a remuneration forum to receive an overview of survey results, expert advice on an area of remuneration/HR management and an opportunity to network (not available for all surveys)

To discuss your salary data needs please contact: