美世的总体薪酬研究.pptxVIP

April 14, 2004Total Compensation StudyMarket Review of Salaries and BenefitsSummary of Findings AgendaKey Program ObjectivesMarket Analysis Competitive Assessment of Pay PracticesReview of Pay Plan Design Job Grading ProcessOther Pay Programs and Practices Reviewed by MercerCompetitive Assessment of BenefitsObservations and Recommendations2 Key Program ObjectivesAscertain the competitiveness of Metro’s salaries and benefits relative to defined marketsReview the current pay program design and methodology relative to best practicesReview the existing pay programs of other affiliated agencies within the Metro system for soundness and effectiveness Recommend changes, where appropriate, to improve the competitiveness and soundness of the compensation program components relative to best practicesAssist in communicating and presenting the results to ensure understanding throughout Metro3 Market AnalysisMethodologyA series of jobs were market priced covering various areas of the government 167 jobs were reviewed relative to salary and pay plan competitivenessData was gathered from published survey sources for 151 jobsA custom survey was conducted in which included data on 40 jobs (24 of these 40 jobs also incorporated published survey data) 39 jobs, representing a subset of the 167, were used to assess the competitiveness of Metro’s total compensation package covering salaries and benefits Two methods of surveying were used to compile salary information:Published survey data from Mercer’s compensation library covering various industriesCustom survey of benchmark cities comparable to Metro in size and consistent with those benchmark cities used in previous compensation studiesFor the benefits analysis, plan information was obtained from the benchmark cities; high level information was also obtained from Mercer surveys of general (mostly private sector) employers in the southern/southeastern US4 Market AnalysisGeneral Industry SurveysThe general industry salary data was