Pretium Pay & Performance Survey
Rationalize Costs and Increase Efficiency - Where to Start?
The uncertain economic outlook and recent layoffs have prompted organizations to adopt a more cautious approach to total staff costs while refocusing on productivity. Evaluating the return on investment of staff costs and aligning pay positioning with business performance will help companies optimize their compensation strategies and facilitate pay differentiation.
Pay and Performance Benchmarking
Pay and performance benchmarking analysis integrates business performance and total compensation data to assess the alignment between salary and performance. This approach provides a foundation for optimising pay positioning and offers valuable market references for setting KPI targets across different business divisions. Our comprehensive analysis includes the following metrics:
- Aggregate and per capita revenue
- Aggregate and per capita profit (or loss) before tax
- Aggregate and per capita total compensation
- Total compensation ÷ income
- Total compensation ÷ profit before tax
This benchmarking encompasses firm-wide performance indicators such as revenue, profit, return on equity (ROE), assets under management (AUM), as well as business-specific revenue and profit. The per capita pay and performance analyses divide aggregate data by total headcount, reflecting the revenue and profit generated by each employee alongside the associated compensation costs, regardless of company size. This evaluation helps assess employee productivity and determine whether the allocation of the total compensation budget is reasonable, ensuring that the compensation strategy aligns with business objectives.
Our Competitive Edge
Comprehensive Data Sources: Our benchmarking includes data from both private and publicly listed companies, ensuring a broad and relevant perspective.
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Integrated Performance and Compensation Analysis: We combine performance benchmarking with compensation analyses to differentiate pay positioning for businesses at various stages of development.
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Flexible and User-Friendly Data Collection: Our approach to data collection is adaptable and intuitive, making it easy for clients to engage with the process.
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Expert Consultation and Support: Our team of experienced consultants provides customized guidance, helping clients interpret data and implement effective compensation strategies tailored to their unique needs.
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Timely Market Insights: Clients benefit from access to timely market trends and data updates, enabling them to make informed decisions that reflect the latest developments in compensation practices.
Please contact us at +852 3996 7868 or info@pretium-asia.com to participate in the survey and discuss customized report alternatives.