PAY DATA
New report analyses pay and performance practices across Europe
Hewitt Associates has published Managing Compensation in Europe, a review of management and employee reward practices across the continent.
The report analyses compensation by employee level across individual markets. It highlights reward levels as well insights into the prevalence of different types of benefits and perquisites, package structures and long-term incentives – along with explanation and insight from Hewitt consultants.
The information included in the report is drawn from Hewitt’s Total Compensation Measurement™ (TCM), a global compensation database, as well as research conducted over recent months including the Hewitt European Salary Increase Survey.
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A final word
"Over the course of the longest running bull market in history Europe’s economies experienced strong growth – and this was mirrored in pay packages. However, as markets have contracted, the picture has changed and employee compensation has inevitably felt the impact. Organisations across Europe are now reviewing their compensation practices to ensure that they deliver maximum return on compensation spending as well as attracting, retaining and motivating different segments of the workforce.” - Robert Miller, Senior European Reward Consultant, Hewitt Associates.
Want to know more?
Title: Managing Compensation in Europe, Hewitt Associates, September 2009.
Availability: For more information contact Rosie Moreau, email: rosie.moreau@hewitt.com.
Hewitt Associates is a global human resources consulting and outsourcing company. It has offices in more than 30 countries and employs 23,000 associates. For more information visit www.hewitt.com.