Learning your competition: turn rumours into facts

Transcription

1 Learning your competition: turn rumours into facts KPMG Luxembourg Remuneration Survey Commerce and Industry 1st Edition 201 kpmg.lu

2 KPMG Remuneration Survey at a glance Can you guarantee that you are competitive? The KPMG Remuneration Survey can Last year s financial sector edition help you answer that question. It is gathered data from 8 companies the product of 2 years experience and had over 18,000 data points. doing remuneration surveys. a valuable tool for executives and HR managers. won the 2015 HR One Gala s Best HR Performance Tool award. What does the survey contain? At a glance Statistics, trends, and industry-specific benchmarks about: Sample description Participant profile and bonus remuneration practices fringe benefits HR management processes Fringe benefits HR management processes Remuneration policies Non-exective director remuneration Projections and forecasts Appendix

3 How will this survey improve your business? Equipped with this survey, you ll have hard data to consult before you make strategic or everyday HR decisions. industry benchmarks for remuneration and fringe benefits for most of role in your organisation. concrete knowledge of whether you re competitive with the best market practices. an indicator of your progress in adopting new HR management processes. Companies offering Companies offering Bank Fund Insurance To management To middle To staff YES NO All 9% Bank Fund 7% 1% Insurance *Sample of the financial remuneration survey reports Whom is the survey for? This survey is for non-financial enterprises in Luxembourg, including those in: material and productions services to businesses distribution and sales Depending on the number of participants, we will be able to further categorise these fields by business segment (e.g. ICT, Automotive).

4 Deliverables Industry benchmarks for compensation and benefits policies and HR practices in Luxembourg Two individualised benchmark reports based on sector and peer group 8 KPMG Remuneration Survey 2015 Comparison to the market.00 Organization: # Employees Your Company Does your company provide a complementary pension scheme?.5 Pension schemes Yes No 1% 12% 17% 80% 33% 0% 8% 88% 0% 83% 7% 20% 0% All Bank Fund Insurance Graph.5.1 Defined benefit Defined contribution Mgt 1% 8% 17. Compliance 17.2 Internal Compliance 17. Internal Compliance MI Middle Officer % 1% -7% -2% 0% 8% -13% 0% -% -% -3% -20% 18. Insurance 18.7 Actuarial DE Department Manager 1 XX % -39% -% 8% 3% 1% -7% -35% -10% -15% -1% -19% Actuarial TE Team Manager 1 XX % -22% 20% 20% 17% 29% 1% % % 0% -2% 12% All Middle Staff Mgt 1% 8% All 19. Risk Management 19.2 Operational Risk Management All Staff 13% Mgt % 87% 79% DE Department Manager 1.00 XX % 110% 35% What type of pension scheme does your company offer? Middle Mgt % Bank Staff % Mgt 8% Middle Mgt * Fund Staff 79% 79% 92% 9% Bank Fund 35% 97% 8% % 10% 8% -2% 9% 1% 19. Operational Risk Management TE Team Manager 1 XX % -8% % 7% 111% 20% Mgt % 75% -% -3% 9% -17% -28% -7% Management Middle Mgt % 75% Insurance taff Staff % 75% 0% 20% 0% 0% 80% * This value is less than 5%. Graph.5.2 Strictly confidential 2015 KPMG Remuneration Survey GO - Page 57 All reports are available in both PDF and Excel formats.

5 120K 100K 80K 0K 0K 20K 0K F M 3% 15% % 2% 11% 3% 1% 8% 2% 37% A detailed analysis of the remuneration packages of +/- 300 job roles in Luxembourg Individual position analysis - Financial information Individual position analysis - Individual profile SE SE All Only Newly Recruited Within Luxembourg Belgian French German Luxembourgish Non EU Nationals Other EU Nationals Contractual 38 55% Average Quartile 1 Median Quartile Direct subordinates Total subordinates 3 3 Performance Sales Stock Option Plan Univ ersity and more Bac+3 / College Bac / A Lev el Less than Bac Average Quartile 1 Median Quartile 3 Car Parking Transportation Pension Scheme Medical Scheme Housing Mortgage Loan Other Loans Life Insurance School Meal Expenses Life Quality Travel Investments 15 39% 28 7% 1 2% 3 95% 17 5% 22 58% 20 53% 18 7% % 31 82% 1 2% % Less Equal More Age Years in position Years in company Years of experience Average Quartile 1 Median Quartile 3 Average Quartile 1 Median Quartile Female Male Gender # Empl. % Total Cost Difference 17 5% % 55% to 9 70 to 9 20 to 59 > Remuneration Survey E2 - Page Remuneration Survey F - Page 79 *Sample of the financial remuneration survey reports What will you have to do? Complete an online questionnaire and an Excel file. Answer our follow-up questions, if need be. Benefit from the industry data our survey team gathers.

6 For more information, please contact Roxane Filippa Associate Partner, Management Consulting, People & Change KPMG Luxembourg Tel: Mob: Sabrina Bonnet Manager, Management Consulting, People & Change KPMG Luxembourg Tel: Mob: KPMG Luxembourg, Société coopérative 39, Avenue John F. Kennedy L-1855 Luxembourg Tel: The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. 201 KPMG Luxembourg, Société coopérative, a Luxembourg entity and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. All rights reserved.