Copyright © 2012 Aon Hewitt Limited. All rights reserved.Aon Hewitt Limited, 8 Devonshire Square London EC2M 4PL Registered in England No. 4396810

EMEA Reward Trends webinarSalary increases and reward practices in EMEA

Aon Hewitt | September 2012

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Aon Hewitt speakers

Vincent Cornet Director EMEA Reward Consulting | Paris

François AugerSenior Reward Consultant | Paris

Martin McGuiganSenior Reward Consultant | Dubai

Jackie WallerSenior Reward Consultant | London

Gregor Lötsch Senior Reward Consultant | Vienna

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Salary increase budgets & economic context

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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

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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 Click on the image for more information.

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Trends in reward practices

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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

Source: Aon Hewitt Reward Fundamentals Study, November 2011

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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

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A successful salary review process

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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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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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Aon Hewitt global footprint

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More information

Aon Hewitt worldwide

Reward Data Services

Total Compensation Measurement™

Sales Incentive Survey

RemCentral, Salary Management Tool

Please click on the images below for more information:

Join us on:

@AonHewittUK

http://linkd.in/HUN04I

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Copyright © 2012 Aon Hewitt Limited. All rights reserved.Aon Hewitt Limited, 8 Devonshire Square London EC2M 4PL Registered in England & Wales No. 4396810

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