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Hewitt Quarterly
Asia Pacific
is made possible through the combined skills and experience
of Hewitt consultants from across the Asia-Pacific region.
For further information please
contact:
Hewitt Associates
2601-05 Shell Tower
Times Square
Causeway Bay
Hong Kong
Tel: (852) 2877-8600
Fax: (852) 2877-2701
editor-hqap@hewitt.com
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Hewitt Launches Global Total Compensation MeasurementTM 2007 Study
Hewitt's TCMTM study helps organizations measure the competitiveness of their compensation programs within markets, within regions and globally. It provides insights and solutions on competitive pay data and includes features for planning the design of all components in total compensation packages including base salary, bonuses, long-term incentives, benefits and perquisites.
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Nishchae Suri, Head of Hewitt's Talent and Organization Consulting Analytics Practice in Asia said, "As Asia's markets become increasingly competitive, strong compensation packages now play a crucial role in the battle to attract, motivate and retain top talent. However, many pay programs still fall short due to a lack of high-quality benchmark data and because they do not adapt to changing business needs.
TCM's expansive coverage and depth of analyses not only helps organizations attract the best possible individuals and ensure they stay with the company; it also helps them to view their local compensation practices in a larger regional framework, which drives consistency, parity and efficiency in pay programs."
Participants in TCM receive a complimentary policies and programs report, which contains an overview of compensation levels for all the positions in the database and detailed information regarding the design of all compensation programs.
TCM is easily accessible via TotalCompensationCenter.com.
Hewitt's Managing Compensation in Asia Study 2007
The study provides an invaluable comparative guide to compensation trends in 11 sectors in the Asia Pacific region, including the five key sectors of IT/High Tech, Pharmaceuticals/Medical, Consumer Products, Hotels and Banking and Financial Services.
The corresponding report provides clear insights on the emerging trends and best practices in remuneration.
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It also highlights absolute pay scales, mix of compensation, and prevalence of benefits, perquisites, and variable pay including long-term incentives, and it can be purchased at the following cost depending on the level of participation in Hewitt's Total Compensation MeasurementTM 2007:
- Non-TCM participants - US$3,500
- Local market TCM participants - US$2,000
- Regional TCM participants/companies that provide cash and long-term incentive data in five or more markets - US$1,000
- Regional TCM participants/companies that purchase TCM reports in five or more markets - Free
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The Best Employer Assessment Tool Now Available in Key Markets in Asia
For the first time, organizations now have the unique ability to assess how they measure up as a Best Employer organization with the launch of Hewitt's proprietary Best Employer Organization Assessment Tool. It helps organizations enhance their Best Employer positioning by clearly identifying critical areas of focus and improvement over the coming 12 months. This will enable organizations to narrow people management-related gaps and reassess their strengths. In addition to providing organizations
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with a comparison report on how they stand in relation to the characteristics of The Best, a detailed comprehensive Engagement Impact Model report will also highlight the key drivers of engagement which organizations need to address in order to improve their current engagement levels. Best Employers all show high levels of engagement and better business results. The tool is created to fit organizations of any size, industry, ownership structure or location. The exercise ends with a specially tailored half-day workshop which will share and discuss action plans to bring organizations closer to their quest of being an employer of choice. For more information on how the tool can be applied, please contact Jo Reinhard.
Hewitt Announces HR Outsourcing Leadership Changes in Asia
Rajeev Grover has been appointed HR Outsourcing - Asia-Pacific Leader. He will combine this role with his job as Business Process Outsourcing - India Leader.
"Rajeev is integral to Hewitt's outsourcing business and has successfully developed strong client partnerships, creating a solid foundation for our future," said Jim Konieczny, HR BPO - Global Leader. "His strategic skills and management experience make him the clear choice to provide effective leadership to the HR outsourcing business in the region."
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Prior to joining Hewitt in 2003, Rajeev served in leadership positions with American Express, General Electric and E-Funds. He is a chartered accountant and a company secretary. Konieczny paid tribute to Rajeev's predecessor, Sumer Datta, who played a major role in driving Hewitt's growth in Asia-Pacific, and who is leaving after 18 years to pursue new interests.
Hewitt Appoints New Global Head of Talent and Organization Consulting (TOC)
Hewitt has used its own market-proven succession planning process to identify and promote Andrew Bell from within the company as successor to John Anderson as TOC - Global Leader.
As the TOC - Asia-Pacific Leader for the past three years, Andrew led the practice through a dramatic growth in clients, revenue and associates. Known for his outstanding people focus, he has consolidated and significantly expanded Hewitt's talent and consulting capabilities across a very diverse region. He broke new ground with market-leading offers in leadership and engagement consulting, and with Hewitt's market-leading Best Employers in Asia brand. Andrew is also co-author of "Leadership and Talent in Asia: How the Best Employers Deliver Extraordinary Performance" and a contributing author to "Understanding Leadership." He joined Hewitt in 1999 from a corporate HR leadership role at a global high-tech organization.
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Hewitt Announces New Talent and Organization Consulting Leader for Greater China
Kristy Qi has taken over as TOC - Greater China Leader. She will use her deep knowledge of talent issues in China, gained from her time as an outstanding account manager there, to develop strategies for Hewitt's TOC business. This includes building content, developing associate capability and career progression, and ensuring Hewitt has the right tools and processes to deliver client service efficiently and productively. Kristy has been with Hewitt for more than 10 years, including a stint as Hewitt's own internal HR Manager in 1999.
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Her account clients include Adidas, Roche, Sanofi-aventis, Omron Healthcare, BP Amoco, Bechtel, Coca-Cola, Ericsson, Andrew Telecommunications, GAMECO, Danisco, Degussa, Omron, Shanghai Mobile, Baosteel International, Neusoft, Suntek, and China Resource.
Hewitt Appoints Regional Marketing Leader
Merlissa Elvin is rejoining Hewitt after a short break to become its Asia-Pacific Marketing Leader, directing the regional marketing team of 12 associates. She will produce the leading edge Hewitt Quarterly and other marketing publications, and oversee public relations and internal communication activities. Merlissa was previously Hewitt's South East Asia Marketing Leader. Before joining Hewitt, Merlissa spent seven years with Knight Frank, an international real estate consultancy, rising to become Head of Corporate and Marketing Communications for Asia Pacific. She managed the corporate marketing image and direction for the firm in Singapore, Malaysia, Thailand, Indonesia, China and Australia. She also handled the public relations and promotions portfolio for Raffles Hotel in Singapore, recently named as one of the Best Employers in Asia 2007 following a Hewitt study.
WorldatWork Asia Pacific
Hewitt is proud to be an inaugural sponsor for the upcoming WorldatWork Asia Pacific Total Rewards Conference 2007. The event will be held from October 31 to November 2 at the Pan Pacific Hotel, Singapore.
Hewitt is sponsoring two sessions. The first is on Thursday November 1 from 2pm to 3pm, entitled "Compensation Partnering: From Strategy to Delivery." Co-presented with American Express, the session will highlight client needs, experiences, barriers and challenges and will present an opportunity for interactive dialogue on client and provider roles, compensation technology and transition strategies.
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The second session is on Friday November 2 from 11.30am to 12.30pm, with the title "Crouching Tiger, Hidden Dragon: Unleashing the power of rewards in an emerging talent landscape." The presentation will feature in-depth analyses of pay drivers, pay approaches, market movements, compensation and benefits and salary increases across China and India. Participants attending this session will gain an understanding of the talent and reward scenario in these two important markets.
Hewitt's Road to Success
Hewitt's "Around the World with Total Rewards" roadshow returned to Shanghai and Beijing in May, following the success of last year's events. The seminars provided the latest research and market data as well as compelling client stories, news of emerging trends and invaluable insights into current reward practices. The roadshow helps organizations create comprehensive and competitive reward programs. It included presentations from key members of Hewitt's Talent and Organization Consulting Practice.
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Hewitt Gives Back
Hewitt recently participated in the Tai Lam Tree Planting Project in Hong Kong, as part of continuing social corporate efforts. This forestation project, launched by the Hong Kong Agriculture Fisheries Conservation Department in 2007, aims to restore the hill fire-affected areas in Tai Lam Country Park. As supporting organizer, Hewitt will be responsible for planting and maintaining 300 tree seedlings in a designated area of about two hectares of woodland at the Ma On Shan, Tai Lam Country Park over a period of three years. |
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