PayNet UK Salary Tracker: What is the real cost of living for UK employees today?

Size: px
Start display at page:

Download "PayNet UK Salary Tracker: What is the real cost of living for UK employees today?"

Transcription

1

2 PayNet UK Salary Tracker: What is the real cost of living for UK employees today? Overview Hay Group s quarterly PayNet UK Salary Tracker looks at how employees pay compares with a range of key economic indicators to reveal the true picture of pay in the UK. It s based on data from Hay Group PayNet UK database which includes reward information for more than one million employees across all industries. This edition compares salaries to rail season ticket prices across eight major UK cities: London, Bristol, Cardiff, Birmingham, Leeds, Manchester, Glasgow and Edinburgh. Who and where is best and worst off? Key findings Hay Group s latest PayNet UK Salary Tracker indicates season ticket fares could swallow up around 8 per cent of workers salaries. As train fares continue to rise above inflation, and salary increases remain subdued, commuting costs are set to take up more of UK employees pay packets. Employers need to be aware of this when considering reward packages, and consider benefits such as interest free season ticket loans and greater flexibility to work from home. Only 42 per cent currently of employers offer their employees interest free season ticket loans. Two thirds of these (64 per cent) offer them to all UK staff, with most of the remainder (27 per cent) doing so for London-based workers only. As fares rise, employers may need to consider integrating commuter benefits into total reward packages, to engage and enable staff to help them offset the additional squeeze on employees disposable incomes. Fare cities Unsurprisingly, commuters in London spend the largest proportion of their salary on travel overall. For operative level workers, the average stands at 17 per cent, rising to as much as 20 per cent for journeys over 50 minutes. As this does not take into account tube and bus fares, many commuters in the Capital will have to stretch even further to cover the cost of their journey to work. From the sample, commuters in Cardiff spend the lowest proportion of their wages in the country on their commute, with short journeys representing less than 6 per cent of annual salary across all job levels. However, operative workers commuting for more than 30 minutes will still part with 10 per cent of their salary for an annual season ticket. In other metropolitan cities, including Birmingham, Manchester and Bristol, average season ticket fares make up per cent of annual salary for operative level workers. 1

3 Season ticket prices in Scotland are slightly lower as a proportion of salaries. Operative level workers can expect to spend an average of per cent of their annual salary on commuting into Edinburgh or Glasgow. Job levels Salary movements are provided across five employee levels from clerical to senior management. The table below shows representative job titles for each level. Job level Operative/ Clerk Professional Senior Professional Head of Function Senior Manager Representative job titles Accounting Clerk, Process Operator, General Clerk, Receptionist/Switchboard Operator, Data Entry Operator, Word Processing Operator, Quality Assurance/Quality Control Technician, Stock Clerk Accountant, Application Developer, Network Administrator, Compensation & Benefits Analyst, Customer Service Representative, Technical Customer Service Representative, Engineer, Buyer Financial Analyst, Database Manager, Legal Advisor, Brand/Product Manager, National/Key Accounts Manager, Scientist/Researcher, Maintenance Superintendent Commercial Manager, Chief Engineer, General Manager, Heads of Function Director level positions Hay Group PayNet: Maximise the value of your reward programme Hay Group PayNet is an invaluable tool for reward professionals giving clear, consistent and accurate comparisons across job function, companies and industries. Call or GB_reward_information@haygroup.com to find out how Hay Group PayNet works, and why it can help you maximise the value of your reward programme. 2

4 Salary by level and UK city 3

5 4

6 5

7 Season ticket price as percentage of salary Short journey times by UK city Commuter fares are taken from a sample of representative routes into cities based on short routes with journey times of minutes. Salary data is taken from Hay Group PayNet UK and is pre-tax. Medium journey times by UK city Commuter fares are taken from a sample of representative routes into cities based on short routes with journey times of minutes. Salary data is taken from Hay Group PayNet UK and is pre-tax. 6

8 Long journey times by UK city Commuter fares are taken from a sample of representative routes into cities based on short routes with journey times of 50+ minutes. Salary data is taken from Hay Group PayNet UK and is pre-tax. Salary vs retail prices (RPI) For the first half of the decade, pay rises remained comfortably higher than the retail prices index. But the gap closed over 2005/6, and the cost of living has far outpaced salary increases since

9 Salary vs consumer prices (CPI) The pattern here is much the same. But average pay rises remained well ahead until 2008, and have not yet dropped as far behind the official rate of inflation. Salary vs interest rates Salary movements have tracked the interest rate much more closely. Until 2009, when the rate plummeted in response to the global recession. 8

10 Africa Cape Town Johannesburg Pretoria Asia Bangkok Beijing Hong Kong Ho Chi Minh City Jakarta Kuala Lumpur Mumbai New Delhi Seoul Shanghai Shenzhen Singapore Tokyo Europe Athens Barcelona Berlin Bilbao Birmingham Bratislava Bristol Brussels Bucharest Budapest Dublin Frankfurt Glasgow Helsinki Istanbul Kiev Lille Lisbon London Madrid Manchester Milan Moscow Oslo Paris Prague Rome Stockholm Strasbourg Vienna Vilnius Warsaw Zeist Zurich Middle East Dubai Riyadh Tel Aviv North America Atlanta Boston Calgary Chicago Dallas Edmonton Halifax Kansas City Los Angeles Mexico City Montreal New York Metro Ottawa Philadelphia Regina San Francisco San José (CR) Toronto Vancouver Washington DC Metro Pacific Auckland Brisbane Melbourne Perth Sydney Wellington South America Bogotá Buenos Aires Caracas Lima Santiago São Paulo Hay Group is a global management consulting firm that works with leaders to transform strategy into reality. We develop talent, organize people to be more effective and motivate them to perform at their best. Our focus is on making change happen and helping people and organizations realize their potential. We have over 2600 employees working in 85 offices in 49 countries. Our insight is supported by robust data from over 100 countries. Our clients are from the private, public and not-for-profit sectors, across every major industry. For more information please contact your local office through

Hay Group Spectrum. The next generation HR solution

Hay Group Spectrum. The next generation HR solution Hay Group Spectrum The next generation HR solution Today, you can t afford to have anything less than an integrated approach to HR. An approach that delivers real insights to strategic decision-making.

More information

What is executive remuneration in high definition?

What is executive remuneration in high definition? Executive remuneration in high definition Article two a high definition approach to benchmarking Our latest series of papers turns a high definition lens to different aspects of executive reward. This

More information

physician Developing Accelerate the development of those responsible for transforming your business

physician Developing Accelerate the development of those responsible for transforming your business Developing physician Accelerate the development of those responsible for transforming your business Physicians across the country are increasingly being asked not only to serve in their traditional role

More information

Winning. strategy. The World s Most Admired lead the way in board governance and human capital management

Winning. strategy. The World s Most Admired lead the way in board governance and human capital management Winning strategy The World s Most Admired lead the way in board governance and human capital management 4 2007 The 2007 study into the World s Most Admired Companies highlights the board s role in effective

More information

The Emerging Markets Acceleration Program and Globalization Readiness Index. Capturing Breakthrough Growth in Emerging Markets

The Emerging Markets Acceleration Program and Globalization Readiness Index. Capturing Breakthrough Growth in Emerging Markets The Emerging Markets Acceleration Program and Globalization Readiness Index Capturing Breakthrough Growth in Emerging Markets The Boston Consulting Group (BCG) is a global management consulting firm and

More information

Innovation: staying ahead of the Red Queen

Innovation: staying ahead of the Red Queen 1 Innovation: staying ahead of the Red Queen Innovation. Globalization. The twin aspirations of companies. How can companies harness these mutually opposite forces? Can the corporate centre play a valueadded

More information

Leadership Transitions: Differences Across Leadership Levels

Leadership Transitions: Differences Across Leadership Levels 25 June 2013 Leadership Transitions: Differences Across Leadership Levels Joy F. Hazucha The Korn/Ferry Leadership and Talent Consulting family Mission Better leaders, Better world Vision Premier global

More information

Healthcare.

Healthcare. Healthcare www.stantonchase.com Stanton Chase is a leader in executive search and leadership consulting with a global footprint, local expertise, and extensive experience across numerous industries and

More information

Staying on the Leading Edge

Staying on the Leading Edge Human Resources Staying on the Leading Edge Five important qualities for aspiring chief human resources officers So you want to be a CHRO. That s an admirable goal, but keep in mind that the responsibilities

More information

Warehousing: Charting the Way to a Winning Strategy

Warehousing: Charting the Way to a Winning Strategy Warehousing: Charting the Way to a Winning Strategy Strong headwinds are challenging how companies operate their warehouses. Successful navigation hinges on optimizing capacity, improving utilization,

More information

Airline Employer Branding: How to measure the Unmeasurable

Airline Employer Branding: How to measure the Unmeasurable Airline Employer Branding: How to measure the Unmeasurable Hans Nilsson Global Sector Leader Aviation & Aerospace Partner www.stantonchase.com The global airline industry has changed significantly during

More information

gold? Worth their weight in

gold? Worth their weight in 1 Today s graduates: Worth their gold? weight in Our latest research suggests that social and emotional competencies are vital to future business success but can be lacking in today s graduates. Why so?

More information

Decisive. collaboration

Decisive. collaboration Decisive collaboration 09 2008 Decisive and collaboration are not words that often sit naturally together. Yet, demands for efficiency, choice and solutions to ever more complex, cross-cutting agendas

More information

Employee Benefits Trends

Employee Benefits Trends watsonwyatt.com Employee Benefits Trends 2009 Asia Pacific Benefits Trends Survey Report Employee Benefits Trends 2009 Asia Pacific Benefits Trends Survey Report Table of Contents Executive summary...

More information

Bridging the Pay-for- Performance Gap. Establishing Truly Differentiated Rewards

Bridging the Pay-for- Performance Gap. Establishing Truly Differentiated Rewards Bridging the Pay-for- Performance Gap Establishing Truly Differentiated Rewards Bridging the Pay-for- Performance Gap Establishing Truly Differentiated Rewards Many organizations know that pay should help

More information

CFO and Financial Executives

CFO and Financial Executives CFO and Financial Executives www.stantonchase.com Stanton Chase is a leader in executive search and leadership consulting with a global footprint, local expertise, and extensive experience across numerous

More information

ISM Travel & Events. Graham Crawshaw MCIPS Director of Content June 2017

ISM Travel & Events. Graham Crawshaw MCIPS Director of Content June 2017 ISM Travel & Events Graham Crawshaw MCIPS Director of Content June 2017 Best in Class: What does good look like? Global Network of Procurement Professionals 10,000+ active participants 70 countries represented

More information

Governance Watch Webcast #1: Best Practices in Board Succession Planning

Governance Watch Webcast #1: Best Practices in Board Succession Planning Governance Watch Webcast #1: Best Practices in Board Succession Planning In the ever-evolving market, boards must carefully consider how they will both lead and adapt along with their organizations. In

More information

Rental growth signs of recovery. Global Office Index Q4 2013

Rental growth signs of recovery. Global Office Index Q4 2013 Rental growth signs of recovery Global Office Index 2013 2 Global Office Index, 2013 Jones Lang LaSalle Global Office Index 2013 Rental growth - signs of recovery A quiet office leasing market during 2013

More information

Guide to becoming a self-employed lawyer in Australia

Guide to becoming a self-employed lawyer in Australia Guide to becoming a self-employed lawyer in Australia Contents Legal consulting a new way of working 3 Peerpoint the right choice for you? 4 The basics of self-employment 5 Setting up and running an ILP

More information

Global Cities Which global cities are performing best today, which have the best long-term potential, and what makes a smart city?

Global Cities Which global cities are performing best today, which have the best long-term potential, and what makes a smart city? Global Cities 0 Which global cities are performing best today, which have the best long-term potential, and what makes a smart city? Global Cities 0 Today, more than half of the world s population lives

More information

The Coalition Concept

The Coalition Concept The Coalition Concept Some suggest treating outsourcing as a marriage; others say it is a transactional arrangement. In our view, outsourcing is a coalition an alliance formed for mutual benefit. 1 It

More information

The Purchasing Chessboard

The Purchasing Chessboard The Purchasing Chessboard In turbulent times, markets become more volatile and differentiated. What does this mean for companies and industries worldwide? That a one size fits all supply strategy no longer

More information

Understanding the Role of the Chief Strategy Officer

Understanding the Role of the Chief Strategy Officer Understanding the Role of the Chief Strategy Officer The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading advisor on business strategy. We partner with clients

More information

The Cost of Employee Turnover Due to failed. in the Workplace

The Cost of Employee Turnover Due to failed. in the Workplace The Cost of Employee Turnover Due to failed diversity initiatives in the Workplace The Corporate Leavers Survey 2007 Over the past three decades, diversity in corporate America has shifted from a societal

More information

VELOPRESSO DELIVERY GUIDE

VELOPRESSO DELIVERY GUIDE VELOPRESSO DELIVERY GUIDE We ship worldwide, and this document provides a guide to the options, cost and process of delivering a Velopresso coffee trike to you. Velopressos are sold in accord with Incoterms

More information

Engaging for Results. Opportunities for Action in Financial Services

Engaging for Results. Opportunities for Action in Financial Services Engaging for Results 6/26/03 9:59 AM Page 1 Opportunities for Action in Financial Services Engaging for Results Engaging for Results How many of your organization s employees would honestly describe their

More information

More Than Spare Change. Capturing the MRO Advantage in Manufacturing

More Than Spare Change. Capturing the MRO Advantage in Manufacturing More Than Spare Change Capturing the MRO Advantage in Manufacturing The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading advisor on business strategy. We partner

More information

Dare to dream? Discover how you can bring big ideas to life

Dare to dream? Discover how you can bring big ideas to life Dare to dream? Discover how you can bring big ideas to life 2 Dream Big You will shape the career that you want and your career progression will be supported by continuous professional development and

More information

The Five Things I Wish I Had Known When I Was Promoted to the C-Suite

The Five Things I Wish I Had Known When I Was Promoted to the C-Suite The Five Things I Wish I Had Known When I Was Promoted to the C-Suite I wish I had known then what I know now. The Five Things I Wish I Had Known When I Was Promoted to the C-Suite I wish I had known then

More information

Realize Your Ambitions.

Realize Your Ambitions. Realize Your Ambitions www.stantonchase.com Join the Winning Team at Stanton Chase Come join a world-leading team of executive search consultants. Stanton Chase International has grown in size, scope and

More information

China Pursues Excellence in Logistics. A.T. Kearney s Logistics Excellence in China Study

China Pursues Excellence in Logistics. A.T. Kearney s Logistics Excellence in China Study China Pursues Excellence in Logistics A.T. Kearney s Logistics Excellence in China Study While China and the world rebound from the worst economic crisis in 80 years, a new operating paradigm awaits companies

More information

Boost Your Career. Research & Talent Acquisition Specialist.

Boost Your Career. Research & Talent Acquisition Specialist. Boost Your Career Research & Talent Acquisition Specialist www.stantonchase.com Join the Winning Team at Stanton Chase Come join a world-leading team of executive search professionals. Stanton Chase has

More information

Digital Leadership: Will the Chief Information Officer Role Disappear?

Digital Leadership: Will the Chief Information Officer Role Disappear? Technology Officer Digital Leadership: Will the Chief Information Officer Role Disappear? Years ago, chief information officers (CIOs) occupied a key role within the business world. They were seen as the

More information

Reaching Your Digital Full Potential

Reaching Your Digital Full Potential Reaching Your Digital Full Potential It s not enough to predict the next big technology trend. Or run various digitization initiatives. You need to embrace the digital opportunities across all dimensions

More information

Perspectives. The Hotel Clerk

Perspectives. The Hotel Clerk Perspectives The Hotel Clerk 2 BCG PERSPECTIVES The Hotel Clerk What a piece of work is a man! How noble in reason! How infinite in faculty! In form and moving how express and admirable! from William Shakespeare,

More information

Global energy transitions

Global energy transitions 4th European Energy Forum On The Way to COP21 Global energy transitions Presentation Paris, March 12, 2015 Florian Haslauer Agenda for today Lessons learned from the German Energiewende Global Energy Transitions

More information

Digital Lean: The Next Stage in Operations Optimization

Digital Lean: The Next Stage in Operations Optimization Lean: The Next Stage in Operations Optimization Traditional lean needs a turbo-boost from digital to manage rising complexity and increasingly linked value chains. COOs should start investing now in the

More information

Towards better integration of transport system services

Towards better integration of transport system services Towards better integration of transport system services Opening cities for business and connecting people with places Johan Envall, Vice President, Mastercard We don t stay in one place - we live in a

More information

Our Practice Group Public procurement law

Our Practice Group Public procurement law Our Practice Group Public procurement law Allen & Overy in Germany 2018 2 Our Practice Group Public procurement law Allen & Overy in Germany 2018 Public procurement law Many contracting authorities and

More information

Megacities and climate change

Megacities and climate change 1 Megacities and climate change 2 C40 Cities Climate Leadership Group 3 The C40 Cities Addis Ababa Amsterdam Athens Austin Bangkok Barcelona Basel Beijing Berlin Bogota Buenos Aires Cairo Caracas Changwon

More information

Excellence in Capital Projects: A Goal Yet to Be Achieved

Excellence in Capital Projects: A Goal Yet to Be Achieved Excellence in Capital Projects: A Goal Yet to Be Achieved There is much room for improvement in capex performance, with a clear gap between leading practitioners and the rest. Embedding best practices

More information

Putting the Wholesaler in the Driver s Seat. Best practices from the retail industry to improve profitability and gain competitive advantage

Putting the Wholesaler in the Driver s Seat. Best practices from the retail industry to improve profitability and gain competitive advantage Putting the Wholesaler in the Driver s Seat Best practices from the retail industry to improve profitability and gain competitive advantage Wholesalers are more than supply chain intermediaries controlling

More information

Guidelines for the Foreign NGOs Law are in process. October 2016

Guidelines for the Foreign NGOs Law are in process. October 2016 Guidelines for the Foreign NGOs Law are in process October 2016 Guidelines for the Foreign NGOs Law are in process The Ministry of Public Security (the "MPS") and its Shanghai branch co-organized a meeting

More information

Utilising benchmarking to improve metro operations

Utilising benchmarking to improve metro operations 1 Utilising benchmarking to improve metro operations Railway & Transport Strategy Centre at Imperial College London Richard Anderson, Managing Director Asia Pacific Rail 2013 Community of Metros CoMET

More information

Opportunities for Action in Financial Services. Activate and Integrate: Optimizing the Value of Online Banking

Opportunities for Action in Financial Services. Activate and Integrate: Optimizing the Value of Online Banking Opportunities for Action in Financial Services Activate and Integrate: Optimizing the Value of Online Banking Activate and Integrate: Optimizing the Value of Online Banking It was just a few years ago

More information

South Africa Apparel Retailers Brace for Change

South Africa Apparel Retailers Brace for Change South Africa Apparel Retailers Brace for Change Slow growth is shaking up South Africa s apparel industry. Local retailers that survive or better, thrive must be predictive, responsive, and integrated.

More information

Technology Practice Group

Technology Practice Group Technology Practice Group www.stantonchase.com Stanton Chase is a leader in executive search and leadership consulting with a global footprint, local expertise, and extensive experience across numerous

More information

Regulatory references. Further food for thought November allenovery.com

Regulatory references. Further food for thought November allenovery.com Regulatory references Further food for thought November 2016 Regulatory references Further food for thought November 2016 Getting ready At the end of September 2016, the FCA and the PRA published their

More information

Wine and Spirits: Getting Sustainable Innovation Right

Wine and Spirits: Getting Sustainable Innovation Right Wine and Spirits: Getting Sustainable Innovation Right While innovation is elusive, our study reveals there are several recipes for success. To capture growth, for the past several years the wine and spirits

More information

Opportunities for Action in Consumer Markets. Workonomics: Helping Retailers Value Human Capital

Opportunities for Action in Consumer Markets. Workonomics: Helping Retailers Value Human Capital workonomics 08/01 9/13/01 10:43 AM Page 1 Opportunities for Action in Consumer Markets Workonomics: Helping Retailers Value Human Capital Workonomics: Helping Retailers Value Human Capital In 1977 a Forbes

More information

The APPLE & DELOITTE partnership SEPTEMBER 2016

The APPLE & DELOITTE partnership SEPTEMBER 2016 The APPLE & DELOITTE partnership SEPTEMBER 2016 he world as WE RE IN A DIGITAL ERA Mobile is woven into everything we do 140B DOWNLOADS from the ios app store 93% of owners check their smartphones within

More information

Follow the Procurement Leaders: Seven Ways to Lasting Results. A.T. Kearney s 2011 Assessment of Excellence in Procurement Study

Follow the Procurement Leaders: Seven Ways to Lasting Results. A.T. Kearney s 2011 Assessment of Excellence in Procurement Study Follow the Procurement Leaders: Seven Ways to Lasting Results A.T. Kearney s 2011 Assessment of Excellence in Procurement Study Authors John Blascovich, partner, New York john.blascovich@atkearney.com

More information

Adapting to the Inevitable

Adapting to the Inevitable ThinkForward: A.T. Kearney s foresight series As recent natural disasters illustrate, learning how to deal with a changing climate is an important topic of discussion for governments and businesses worldwide.

More information

The Role of Culture in Search and Succession. Busting three common cultural myths

The Role of Culture in Search and Succession. Busting three common cultural myths The Role of Culture in Search and Succession Busting three common cultural myths The concept of culture fit is not a new one. Well before the rise of various models and frameworks to evaluate organizational

More information

Begin with Part One: Rating and complete all parts in order.

Begin with Part One: Rating and complete all parts in order. Introduction The purpose of this self-evaluation is to measure your tendencies for using basic communication skills on the job. There are five basic communication skills known as Key Principles: Maintain

More information

Comfort with paradox Leadership (and succession) in a time of radical transformation

Comfort with paradox Leadership (and succession) in a time of radical transformation Comfort with paradox Leadership (and succession) in a time of radical transformation Most CEOs and boards name succession, both for the CEO and for business unit leaders, as their biggest strategic challenge.

More information

Four Biggest Hidden CEO Succession Risks and How to

Four Biggest Hidden CEO Succession Risks and How to The Four Biggest Hidden CEO Succession Risks and How to Avoid Them 1 point of view 2016 Improving the Odds of Having a CEO-Ready Internal When the Time Comes When it goes well, CEO succession planning

More information

THE MOST ADVANCED RANGE

THE MOST ADVANCED RANGE 800+ Airports Trusted 100+ Countries in over 100 25+ countries Years World Leaders in weighing and dimensioning FOR THE AIRPORT AND LOGISTICS INDUSTRIES ATRAX Group is the world leader in the design, manufacture,

More information

KORN/FERRY INTERNATIONAL ANNUAL REPORT 2008

KORN/FERRY INTERNATIONAL ANNUAL REPORT 2008 KORN/FERRY INTERNATIONAL ANNUAL REPORT 2008 KORN/FERRY at a glance #1 in MARKET SHARE (global and U.S. leader) $790.6 MILLION global fee revenue in fiscal 2008 21% INCREASE in global fee revenue from fiscal

More information

The Automotive Industry in China: Managing Today s Business and Talent Challenges

The Automotive Industry in China: Managing Today s Business and Talent Challenges The Automotive Industry in China: Managing Today s Business and Talent Challenges A summary of roundtable discussions in Detroit and Shanghai Spencer Stuart recently hosted roundtable discussions in Detroit

More information

What Makes an Ideal Private Equity CFO?

What Makes an Ideal Private Equity CFO? What Makes an Ideal Private Equity CFO? What PE firms look for in hiring portfolio company CFOs Originally published in CFO Magazine July 23, 2017. As private equity firms look to maximize value from their

More information

Sprinting to Value in Industry 4.0

Sprinting to Value in Industry 4.0 Sprinting to Value in Industry 4.0 The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading advisor on business strategy. We partner with clients from the private,

More information

Gaining and Sustaining Competitive Advantage

Gaining and Sustaining Competitive Advantage Fourth Edition Gaining and Sustaining Competitive Advantage Jay B. Barney The Ohio State University Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London

More information

Innovation in Financial Services Embracing Customer-Centricity in Product and Service Innovation

Innovation in Financial Services Embracing Customer-Centricity in Product and Service Innovation Leading Research Ramesh Nair Arindam Chatterjee Innovation in Financial Services Embracing Customer-Centricity in Product and Service Innovation Executive Summary s 2010 Global Innovation 1000 study indicates

More information

De-Stranding the Strategic Planning Process

De-Stranding the Strategic Planning Process De-Stranding the Strategic Planning Process The case for a continual strategic planning capability is unassailable as business leaders today must decipher an external environment marked by volatility,

More information

False Self-Employment and Illegal Use of Temporary Workers

False Self-Employment and Illegal Use of Temporary Workers False Self-Employment and Illegal Use of Temporary Workers IT-based solution for fast and convenient assessment of individual cases Risks involved in the use of external personnel not to be underestimated

More information

Procurements falling outside the scope of the EU Directives The issue of cross-border interest

Procurements falling outside the scope of the EU Directives The issue of cross-border interest Procurements falling outside the scope of the EU Directives The issue of cross-border interest Nicolas Pourbaix, Counsel 5 March 2015 EJTN / ERA Training on EU Public Procurement Law for Judges Outline

More information

Inspiring Procurement Excellence PASIA World Conference. November 2016

Inspiring Procurement Excellence PASIA World Conference. November 2016 Inspiring Procurement Excellence PASIA World Conference November 2016 Jess is responsible for developing new business and bringing prospective members within the Asia Pacific region into the CASME community.

More information

as non-executive directors?

as non-executive directors? Do lawyers belong in the boardroom as non-executive directors? contents For the motion Against the motion What boards are looking for Conclusion Spencer Stuart Board Intrinsics Our UK Legal Search Practice

More information

Industrial Goods Five Leadership Issues Worthy of Board and Executive Attention

Industrial Goods Five Leadership Issues Worthy of Board and Executive Attention Industrial Goods Five Leadership Issues Worthy of Board and Executive Attention 2 Introduction The industrial goods sector, including manufacturing of electric goods and electronic systems, as well as

More information

It s al about you. Haworth helps design offices that increase performance. As a worldwide leader in storage and casegoods,

It s al about you. Haworth helps design offices that increase performance. As a worldwide leader in storage and casegoods, Storage It s all about you. Haworth helps design offices that increase performance. As a worldwide leader in storage and casegoods, Haworth can provide the ideal storage solution to increase workplace

More information

for internal use only august 2015 we are hay group our code of business conduct and ethics

for internal use only august 2015 we are hay group our code of business conduct and ethics for internal use only august 2015 we are hay group our code of business conduct and ethics table of contents part i: what it is 01 Message from steve 02 our Values in action 03 Ethical Decision Making

More information

Making Cities Work Sustainable Urban Infrastructure

Making Cities Work Sustainable Urban Infrastructure Making Cities Work Sustainable Urban Infrastructure Stuart Clarkson Chief Executive Officer - Siemens Southern Africa 20 Nairobi Megatrends pose urgent challenges to cities Urbanisation Climate Change

More information

Ensuring a Great Start: Onboarding Best Practices

Ensuring a Great Start: Onboarding Best Practices Ensuring a Great Start: Onboarding Best Practices Atop every effective company sits a healthy board. But boards change, and that s where things get more complicated, as the process of onboarding new directors

More information

Determinants of Delay Incident Occurrence of Urban Metros

Determinants of Delay Incident Occurrence of Urban Metros Determinants of Delay Incident Occurrence of Urban Metros Patricia Melo Centre for Transport Studies, December 15 th 2010 Patricia C. Melo a, Nigel G. Harris b, Daniel J. Graham a, Richard J. Anderson

More information

CCS-Express Company Overview

CCS-Express Company Overview CCS-Express Company Overview Bottlenecks and downtime are simply not an option for hightech companies Intelligent logistics concepts are essential to keep production lines and aftersales workflows running

More information

competency and potential

competency and potential competency and potential A Model for Private Equity Operating Partners The battle cry of private equity, with clever financial engineering no longer a differentiator and much of the investable universe

More information

Supplier Development. Bonanza or Bust?

Supplier Development. Bonanza or Bust? Supplier Development Bonanza or Bust? The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading advisor on business strategy. We partner with clients in all sectors

More information

VISIONARY SCIENCE GLOBAL RESEARCH UPDATE 2015 QUARTER 4

VISIONARY SCIENCE GLOBAL RESEARCH UPDATE 2015 QUARTER 4 2015 QUARTER 4 Frost & Sullivan s Visionary Science research group delivers strategic and actionable insights and analysis covering all aspects of the industry including technologies, econometrics, applications,

More information

Opportunities for Action in Consumer Markets. Aim High, Act Fast: The China Sourcing Imperative

Opportunities for Action in Consumer Markets. Aim High, Act Fast: The China Sourcing Imperative Opportunities for Action in Consumer Markets Aim High, Act Fast: The China Sourcing Imperative Aim High, Act Fast: The China Sourcing Imperative For more than a decade, Made in China has been a compelling

More information

Reducing Complexity in Retail Banking: Simple Wins Every Time

Reducing Complexity in Retail Banking: Simple Wins Every Time Reducing Complexity in Retail Banking: Simple Wins Every Time Banks offer a dizzying array of products and services. Add to the mix new regulations and shifting customer needs, and the industry becomes

More information

Improving Foodservice Trade Spending. Why U.S. foodservice manufacturers need to link trade spending to business performance

Improving Foodservice Trade Spending. Why U.S. foodservice manufacturers need to link trade spending to business performance Improving Foodservice Trade Spending Why U.S. foodservice manufacturers need to link trade spending to business performance The foodservice industry is emerging from one of the leanest periods in its

More information

Opportunities for Action in Information Technology. The Death of Averaged Pricing

Opportunities for Action in Information Technology. The Death of Averaged Pricing AveragedPricing-G3 6/14/01 3:42 PM Page 1 Opportunities for Action in Information Technology The Death of Averaged Pricing The Death of Averaged Pricing Of all the tools companies can use to spur consumers

More information

Plastics. The Future for Automakers and Chemical Companies

Plastics. The Future for Automakers and Chemical Companies Plastics. The Future for Automakers and Chemical Companies As legislative bodies hammer out laws to reduce man-made emissions, and $150-a-barrel oil seems feasible, it is fair to project that by 2020 plastics

More information

Mobility as a SErvice

Mobility as a SErvice Mobility as a SErvice Passenger Information Systems Multi-Modal Fare Collection Systems Urban Mobility trends ~2x +34% Source: MGI CityScope; The future mobility of the world population Andreas Schafer,

More information

Development of Petrochemical Clusters in India Success Factors & Agenda

Development of Petrochemical Clusters in India Success Factors & Agenda 6 th Petrochemical Conclave Development of Petrochemical Clusters in India Success Factors & Agenda July, 2017 Anshuman Maheshwary Partner & Lead, Chemicals and Oil & Gas India Petrochemical industry in

More information

THE ART OF BEING LOCAL WORLDWIDE

THE ART OF BEING LOCAL WORLDWIDE AUSTRALIA / Sydney AUSTRIA / Vienna BELGIUM / Brussels BRAZIL / São Paulo BULGARIA / Sofia CANADA / Toronto CHILE / Santiago de Chile CHINA / Shanghai Beijing Kunshan CZECH REPUBLIC / Prague DENMARK /

More information

The energy to deliver Cargo solutions for the oil, gas and renewable energy industries

The energy to deliver Cargo solutions for the oil, gas and renewable energy industries skycargo.com 2013 Emirates. All rights reserved. June 2013 The energy to deliver Cargo solutions for the oil, gas and renewable energy industries The lifeblood of the planet The world depends on you. For

More information

Opportunities for Action in Technology and Communications. Attack and Defense: Managing the Competitive Cycle in Telecom

Opportunities for Action in Technology and Communications. Attack and Defense: Managing the Competitive Cycle in Telecom Opportunities for Action in Technology and Communications Attack and Defense: Managing the Competitive Cycle in Telecom Attack and Defense: Managing the Competitive Cycle in Telecom The unprecedented bull

More information

On the Road to SOC 2 Readiness

On the Road to SOC 2 Readiness On the Road to SOC 2 Readiness What Service Organizations Need to Know Internal Audit, Risk, Business & Technology Consulting Introduction Successful organizations know the importance of focusing on core

More information

Opportunities for Action in Telecommunications. The Myth of the Global Telco

Opportunities for Action in Telecommunications. The Myth of the Global Telco Opportunities for Action in Telecommunications The Myth of the Global Telco The Myth of the Global Telco Many telecommunications executives believe that their industry is a natural candidate for globalization.

More information

THE BIG DIGITAL FAIL Why Only 1 in 4 Companies Achieve Topline Growth with Digitalization

THE BIG DIGITAL FAIL Why Only 1 in 4 Companies Achieve Topline Growth with Digitalization THE BIG DIGITAL FAIL Why Only 1 in 4 Companies Achieve Topline Growth with Digitalization Results & Insights of the Global Pricing & Sales Study 2017 In collaboration with: The Center for Pricing at Simon

More information

The Future has Tradition, but Tradition too has a Future

The Future has Tradition, but Tradition too has a Future Dr. h. c. mult. Sybill Storz, Managing Partner Karl-Christian Storz, Managing Partner The Future has Tradition, but Tradition too has a Future A Global Family Company For more than 70 years, we have been

More information

dentons.com Consumer Product Safety

dentons.com Consumer Product Safety dentons.com Consumer Product Safety Dentons counsels and represents manufacturers, distributors and retailers of consumer products before the United States Consumer Product Safety Commission, Health Canada

More information

Service-Oriented Transformation. A proven approach for large-scale change

Service-Oriented Transformation. A proven approach for large-scale change Service-Oriented Transformation A proven approach for large-scale change From conception to implementation, most large-scale business transformations face what seem like an unending array of obstacles,

More information

from cfo to ceo New leadership opportunities for senior financial executives in the Asia Pacific region

from cfo to ceo New leadership opportunities for senior financial executives in the Asia Pacific region from cfo to ceo New leadership opportunities for senior financial executives in the Asia Pacific region From CFO to CEO: New leadership opportunities for senior financial executives in the Asia Pacific

More information

Cashless Cities. Realizing the Benefits of Digital Payments

Cashless Cities. Realizing the Benefits of Digital Payments Cashless Cities Realizing the Benefits of Digital Payments About Roubini ThoughtLab Roubini ThoughtLab is a research firm based in New York City that provides management thinking and evidencebased analysis

More information

Doing Life Science Business in Germany Illinois Life Sciences & Technology Park Skokie, Illinois June 1, 2012

Doing Life Science Business in Germany Illinois Life Sciences & Technology Park Skokie, Illinois June 1, 2012 Chris Schmidt - istockphoto Illinois Life Sciences & Technology Park Skokie, Illinois June 1, 2012 Media Acclaim for a Flourishing Economy Strong economic performance Sound financial management The Economist,

More information

Leadership in the Automotive Industry

Leadership in the Automotive Industry Blue Paper Leadership in the Automotive Industry A study by Spencer Stuart s Automotive Practice About Spencer Stuart Spencer Stuart is one of the world s leading executive search consulting firms. Privately

More information