Executive compensation has evolved over the last
decade. There is a greater need for transparency for listed companies, and Corporate
Governance and Directors' Remuneration is increasingly in the news
Competition for top management with proven track records and much sought after managerial skills has made the attraction and retention of top talent a priority for organisations. To win the war for talent, it is more pressing than ever for HR and Compensation professionals to constantly tune into the market and be equipped with a reliable source of information to objectively assess their executive
pay programs.
The Top Management Rewards Study is designed to meet that need and your organisation is invited to participate, at a special introductory rate. The Malaysian Institute of Management, working with Watson Wyatt as the consultants, invite your company to participate in an initiative to build best practice in this important area.
Why Join This Survey?
How To Join This Survey?
Simply complete the attached Reply Slip and fax it to us by 30 October 2003, Thursday.
Should you require further information, please contact Watson Wyatt at 2731 6688.
Upon confirmation, a special group briefing will be arranged and you are requested to send a senior representative to receive the briefing and the data collection pack.
Thank you and we look forward to your participation. The TMR Study is designed to give you data on most of your top management position, efficiently and economically. As an example, a report for a single top management role would normally cost 500 USD each; this report allows your company to obtain in-depth reports for most of your top roles at a fraction of the usual consulting costs.
ABOUT THE STUDY
Watson Wyatt's Top Management Rewards Study (TMR), is a study of compensation awarded to top talent. This study is a comprehensive report of the salary and benefits levels of leading top management attached to listed national and multi-national companies.
The reference date for this survey is 1 December 2003.
SPECIAL CHARACTERISTICSPECIAL CHARACTERISTICSCIAL CHARACTERISTICS
- "User friendly" and "comprehensive"
- Analysis of the total remuneration package received by top managers which includes the benefits package rather than just the cash components of salary
- Data analysed by individual sector to enable participant companies to match themselves against direct competitors, subject to participation numbersPECI
SPECIAL CHARACTERISTICS
- Benefits analysed in detail with the report covering the whole range of benefits being offered to top managers in the Malaysian market
- Issues and problems in the market are addressed (e.g. how high is your staff turnover compared to your competitors and should you be worried?)
- Past and future salary increase trends in the market are highlighted
- Our study can be used as sanity check against other studies
- Our database is updated on an on-going basis
THE REPORT
- Executive Summary
- Analysis of Companies' Compensation Mix
- Analysis of Company's Competitive Position
- Compensation Report Sections
- Summary of Market Competitiveness
- Detailed Comparison of Company v.s. Market
- Market Range
- Regression Analysis for Basic Guaranteed, Total Cash, Total Remuneration
- Summary of Benefit / Perquisite Practices
- Discrete Benefits Information
- Job Matching Table
WHY PARTICIPATE IN TMR?
The TMR Study will help you with:
- Your company's planning process and assist in compliance procedures
- Identifying your company's market position for
- Basic salary,
- Total cash (includes bonuses & other allowances) and
- Total remuneration (includes car provision, retirement benefits, loans, etc) for all job positions
WHY WATSON WYATT?
- Global Methodology
- Flexible Report
- "Live" Salary & Benefits Database
- Confidential one to one briefings Board
CONFIDENTIALITY
- Watson Wyatt guarantees the strictest confidentiality of the data held in the database
- There are abundant build-in safeguards in the database preventing unwarranted identification of specific participant's proprietary data
