MERCER LIFE SCIENCES COMPENSATION SURVEY
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1 HEALTH WEALTH CAREER MERCER LIFE SCIENCES COMPENSATION SURVEY ASIA PACIFIC
2 MAKE SMART COMPENSATION DECISIONS BY JOINING THE MERCER TOTAL COMPENSATION SURVEY FOR THE LIFE SCIENCES INDUSTRY THE LIFE SCIENCES COMPENSATION SURVEY PROVIDES YOU WITH THE MOST COMPREHENSIVE PERSPECTIVE ON THE LIFE SCIENCES SECTOR FOR ORGANIZATIONS OF ALL SIZES, FROM JUNIOR TO INTEGRATED MULTINATIONAL. This survey covers a broad selection of hundreds of benchmark positions ranging from industry-specific job families such as pre-clinical and clinical development, medical regulatory affairs, medical field sales, market access and scientific patenting, to support functions such as finance and human resources. Our deep industry databases contain a broad range of life sciences organisations from sectors such as pharmaceutical, contract research and medical devices. DATA AND REPORTS Each submission is individually reviewed by a dedicated survey analyst who will contact you directly during our data verification process to ensure accuracy. All data collected by Mercer are treated as confidential. EXPERIMENTING WITH YOUR COMPENSATION STRATEGY? Find the right solution with 2016 MORE THAN 3,700 ORGANISATIONS OVER 4,400 UNIQUE USERS GLOBALLY SURVEYS DELIVERED ONLINE THROUGH MERCER WIN IN MORE THAN 80 COUNTRIES WORLDWIDE MORE THAN 400 INDUSTRY BENCHMARK JOBS 18% GROWTH YEAR OVER YEAR CONTAINS INFORMATION BASED ON MORE THAN 1.5 MILLION INCUMBENTS
3 The Mercer Life Sciences (MLS) Total Remuneration Survey is an upgrade to the previously offered Mercer Total Remuneration Surveys (TRS), namely TRS Pharmaceutical and Healthcare, TRS Medical Devices, TRS Biomedical, and specialized surveys for contract research organizations. The MLS survey offers comprehensive market data across all areas of remuneration, specifically for companies in the life sciences industry across Asia Pacific. SUPERSECTOR SECTOR SUB-SECTOR Life sciences: Mercer defines this supersector as consisting across five sectors of pharmaceuticals, biotechnology, contract organizations, medical devices and equipment, and animal health companies 1. Pharmaceutical: Organizations that develop, produce, and market drugs or pharmaceuticals for use within the context of health care 2. Medical devices and equipment: Organizations that produce instruments, tools, and/ or equipment for medical use Branded pharma: Organizations that research and produce ethical (prescription) drugs for commercialization under patent Generic pharma: Organizations that develop and produce generic drugs that are not protected by patent Medical nutrition: Organizations that develop and produce dietary or nutritional products Pharmaceutical other or combination: Pharmaceutical organizations that produce other types of drugs or products not listed above Capital equipment: Organizations that produce high-value tools and machines used for clinical interventions, e.g. robot surgical systems, laser correction systems, MRI equipment, ICU monitoring systems Consumables and disposables: Organizations that produce disposable medical equipment products, e.g. reagents, disposable surgical tools, towels, sponges, contact lenses Durable equipment: Organizations that produce non-consumable medical equipment with a medical or clinical application, e.g. pumps, hand-held devices, surgical tables, beds, defibrillators Implantables: Organizations that produce devices that are implanted into the body, e.g. dental implants, orthopaedic implants, heart valves, pacemakers, corneal implants Medical devices other or combination: Organizations that produce other type of devices and/or combinations of medical equipment not listed above 3
4 SUPERSECTOR SECTOR SUB-SECTOR Life sciences: Mercer defines this supersector as consisting across five sectors of pharmaceuticals, biotechnology, contract organizations, medical devices and equipment, and animal health companies 3. Biotechnology: Organizations that use the technological application of biological systems, living organisms, or their derivatives for production, design, or delivery of medically therapeutic products 4. Contract organizations: Organizations that provide outsourcing services to support life sciences companies. This group also includes the research and development entities 5. Animal health: Organizations that develop and commercialize medicinal products intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in animals Biotechnology: Organizations that use the technological application of biological systems, living organisms, or their derivatives for production, design, or delivery of medically therapeutic products Contract manufacturing organizations: Organizations that provide product manufacturing outsourcing services Contract research organizations: Organizations that provide research and development and/or clinical research outsourcing services; also includes the research and development entities Distribution: Organizations that provide any combination of sourcing, marketing, sales, or any after-sales services Animal health: Organizations that develop and commercialize medicinal products intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in animals The MLS survey combines the data points from organizations across each of the sectors, thus enabling our clients to significantly increase their potential list of peers. The MLS surveys are globally synchronized so that job catalogues are consistent, whether you read a survey in Shanghai, Zurich, or Caracas. The MLS survey is designed to complement the TRS Cross Industries offering. 4 For organizations that purchase both the TRS Cross Industries and the Premium MLS survey, we are pleased to offer a 50% discount on the Premium MLS survey.
5 AN EXTENSIVE CATALOGUE OF LIFE SCIENCES JOB FAMILIES ARE SURVEYED, INCLUDING: BIOSTATISTICS CLINICAL DATA MANAGEMENT CLINICAL TRIALS OPERATIONS CONTRACT MANUFACTURING FIELD SALES HEALTH ECONOMICS KEY ACCOUNTS MANUFACTURING PROCESS DEVELOPMENT MARKET ACCESS MEDICAL AFFAIRS MEDICAL DEVICES FIELD SERVICES MEDICAL DEVICES DEVELOPMENT ENGINEERING MEDICAL SCIENTIFIC LIAISON MICROBIOLOGY PHARMACOKINETICS PHARMACOVIGILANCE REGULATORY AFFAIRS SCIENTIFIC PATENTS TRANSLATIONAL MEDICINE DATA COLLECTED BASE SALARY (Monthly base salary times the number of months guaranteed) TOTAL GUARANTEED CASH COMPENSATION (Base salary plus guaranteed allowances) TOTAL CASH COMPENSATION (Total guaranteed cash compensation plus short-term incentive, sales incentive, profit sharing or other incentive awards) TOTAL DIRECT COMPENSATION (Total cash compensation plus long-term incentive awards, valued using Black- Scholes methodology for appreciationbased awards) TOTAL REMUNERATION (Total direct compensation plus benefits and perquisites) Data for a full range of general infrastructure/support functions are collected and published alongside that of the industry-specific functions. WHAT DO YOU RECEIVE? 5 Online access Data delivered online through Mercer WIN, accessible anywhere, at any time. Fully customize searches and statistics according to your individual needs, and receive instant comparisons of your organization s data against the market. Survey overview A general review of typical salary practices and compensation mix, employment trends, and other economic indicators related to human resource management decisions. Benefits & prevalence summary Information on short-term and longterm incentive provision and benefits practices, including company cars, pensions, and medical benefits. Actual market data Detailed market analysis of individual positions within job families, helping you determine which positions and families are paid a premium in the market and which are paid below overall market levels. Market regression Regression statistics and graphs by Mercer position class (IPE job level) and functional area (e.g., finance, human resources) for each of the major components of total remuneration. Custom analysis Custom statistics tailored to your needs, based on peer groups, revenue size, total employees, and more, using Mercer WIN.
6 MERCER WIN The Mercer Workforce Intelligence Network (Mercer WIN) is a single-point access to Mercer s unparalleled survey data and analytics. With Mercer WIN, you can easily retrieve and synthesise vast amounts of data into usable packets of information relating to compensation and other HR issues. To make key decisions, you no longer need to sift through reams of information stored in dozens of locations and formats. Instead, you can access the data and tools you need from a single location. MERCER WIN SCREENSHOTS MERCER WIN HAS POWERFUL, FLEXIBLE FEATURES THAT ENABLE YOU TO: Access information readily and quickly via its easy-to-use, simple, and clear navigation functions. Retrieve and compare data within and across industries, regions, and countries simultaneously. Produce multi-market refinements in one view. Analyze and compare structure to market by job, family, career level, and position class. Generate customized charts, graphs, and reports at the click of a button.
7 SURVEY SCHEDULE Reports published from September through November SURVEY PRICE Price list available on: MERCER OFFERS LIFE SCIENCES SURVEY ACROSS THE GLOBE Americas Argentina Brazil Canada Chile Colombia Costa Rica Ecuador Guatemala México Panama Peru Venezuela Mercer Life Sciences West Europe Austria* Belgium Denmark Finland* France Germany Greece* Ireland Italy Netherland Norway* Portugal* Spain Sweden Switzerland United Kingdom Mercer SIRS (underpinned by separate survey methodology) * Life Sciences supplementary modules available 1 Bahrain, Kuwait, Oman, Qatar, UAE, Yemen 2 Lebanon, Jordan, Palestine, Syria Middle East and Africa Algeria Egypt Ghana* Gulf Region 1 Iran Iraq* Kenya* Ivory Coast* Levant Region 2 Libya* Morocco Nigeria* Saudi Arabia South Africa Tunisia East Europe Armenia* Azerbaijan* Belarus* Bulgaria Czech Republic Georgia* Hungary Kazakhstan* Moldova* Poland Romania Russia Serbia Slovakia Turkey Ukraine Uzbekistan* Asia Australia China Hong Kong Indonesia India Japan Malaysia New Zealand Pakistan Philippines Singapore South Korea Taiwan Thailand Vietnam* CONTACT INFORMATION For further information on how to participate or to order the reports, please contact: ALEXANDER KRASAVIN Principal & Life Sciences Industry Leader Asia Pacific Tel: alexander.krasavin@mercer.com ALETHEA LIM Life Sciences Industry Associate Asia Pacific Tel alethea.lim@mercer.com Or, visit our website at:
8 For further information, please contact your local Mercer office or visit our website at: Copyright 2016 Mercer LLC. All rights reserved
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