In a business environment focused on value creation, having the best people is more important than ever. In fact, the majority of CEOs in Asia tell us that attracting, motivating, and retaining the best talent is one of the greatest obstacles to growth over the next decade.

Smart companies are finding ways to get the most from their investment in compensation and rewards without sacrificing the ability to compete for talent. For many, this means creating programs that establish a direct connection between an organisation's goals and objectives and an employee's focus and actions. It's an approach that shifts compensation strategies to performance-based programs and emphasises the combined value of pay and benefits.

Backed by world-class research and data, our consultants help you make the right choices for your organisation. We offer a complete range of compensation and rewards services—from compensation market data to total rewards strategies and executive and employee plan design. In addition, we help you tailor communication strategies for specific audiences, ensuring that your workforce truly understands how pay and benefits add up to total rewards.

Executive Compensation

Reacting to regulatory developments, governance pressures, and corporate scandals, shareholders and boards have mandated unprecedented levels of change over the past few years.

As a result, many companies find themselves with more questions than answers. Our executive compensation consultants can help by combining unparalleled global expertise with best-in-class data, technical knowledge, and experience in advising board and compensation committees across all industries.

We help companies design executive pay packages that align with business strategies while balancing management and shareholder interests. To minimise compliance risks, our Centre of Technical Expertise serves as a global resource, monitoring the latest technical developments regarding accounting, tax, securities, and employment law issues.

The result: executive pay programs that make good sense, drive the right behaviours, and contribute to business results.

Broad-Based Compensation

Most companies have turned to total rewards and pay-for-performance programs as a vehicle for maximising return on investment and employee potential. Variable pay is now a major part of compensation design for nearly 80% of U.S. companies, according to our Salary Increase Survey, and this is increasingly true across Asia.

But the success of a new plan hinges on the combination of proper design, execution, and communication. Often the best design fails to deliver objectives because of poor implementation or communication. To ensure that your plan succeeds, our consultants start by understanding your business objectives, and then build a plan tailored to your specific goals.

By looking at your entire pay structure—from base pay to bonus opportunities—and understanding the competitive pay set for your industry, we're able to answer the fundamental plan design questions: "How do you compare with others?" and "How do you get where you want to be?"

Our compensation consultants then draw on our experience in helping thousands of organisations through the same process to determine the most effective implementation plan.

When it's time to roll out the new plan, our communication experts help develop a program that keeps your workforce informed, motivated, and focused.

Compensation Analytics

Comprehensive data drives insights that lead to action. Our total compensation market data leverages unsurpassed global depth and breadth to help you make quicker, smarter decisions based on facts and our proprietary data analysis.

Hewitt CSi is a leader in the provision of salary surveys related to pay rates and HR/remuneration policy and practice. With a suite of salaries and benefits surveys covering a multitude of industries in Australia and internationally, as well as HR policy and practice reports and HR reference manuals, we can meet your organisation's market data requirements.

Training

Hewitt CSi's training calendar is full of seminars to provide you with skills/knowledge to understand and effectively manage remuneration. Regular seminars focus on the principals of remuneration management and how to use salary surveys. 'Hot Issues' events allow participants to hear from the experts, discuss current trends and review best practice.

Please contact us for information about our complete suite of compensation and rewards services or visit www.csirem.com.au.

Rachael Finnemore
Unit 13, 22a Kalmia Street
Ellerslie Auckland, New Zealand
Phone: +649 579 9738
Fax: +649 579 9739
Email: rachael.finnemore@hewitt.com

Services

• Your Total Rewards
• Your Total Rewards Executive

Tools

• TotalCompensationCenter.com
• Hewitt eGuide™ to Global Equity (either Country Profiles eGuide or Global Reports)
• Total Compensation Measurement™ and Variable Compensation Measurement™
• Industry Compensation Reports
• Compensation Policy & Practice Reports