UNDERSTANDING ABOUT SALARY SURVEY

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2 UNDERSTANDING ABOUT SALARY SURVEY DO YOU KNOW THAT... Compared to multinational companies, Vietnamese companies pay 12% lower for staff level, 27% lower for professional level and 39% lower for management level. Salary of management level in Vietnam is about 12 times higher compared to salary of fresh university graduates, whereas it s only around 3.5 times in advanced countries such as Australia. Oil & Mining industry and Banking industry pay the highest, manufacturing industry and transportation and logistics industry pay the lowest. Corporate Affair function get more competitive pay than other functions. WHY JOINING MERCER VIET NAM TOTAL REMUNERATION SURVEY? Being a survey participant will help organization to: 1. Purchase survey reports at half-price compared to non-participant. 2. Get detail information of more than 1,300 positions in Vietnam market and can compare your company pay versus the market. 3. Evaluated your job s value using Mercer methodology. 4. Get support from consultant throughout the year. 5. Join Pre Survey and Post Survey seminar to get most updated HR trends and network with other HR professionals.

3 UNDERSTANDING ABOUT SALARY SURVEY WHAT ARE THE BENEFITS OF TOTAL REMUNERATION SURVEY REPORT? Total Remuneration Survey REPORT can help organizations to: 1. Know clearly if we are paying higher/lower than our focused market. 2. Utilize the company s salary budget more efficiently. 3. Make informed decisions on annual salary increase. 4. Know in detail how much other companies pay for a specific position. 5. Obtain most updated information on HR policies and practices. WHY MERCER TOTAL REMUNERATION SURVEY (TRS) IN VIETNAM? The biggest and most comprehensive remuneration survey in Vietnam: Have 371 organizations participating in the remuneration survey in 2011 provided compensation data of more than 120,000 employees across Vietnam. Provide detailed report of more than 1,300 positions in Vietnam. Provide most updated general labor market information & HR trends of companies in Vietnam. Each year, almost 100 new clients joining our Vietnam Mercer Total Remuneration Survey, one of the highest increase rate in the Asia Pacific Region. OTHER COMPANIES HAVE REALIZED THE IMPORTANCE OF HAVING INFORMATIVE AND RELIABLE MARKET INFORMATION TO COMPARE THEIR PAY WITH AND MAKE EFFECTIVE DECISIONS RELATED TO THEIR REMU- NERATION SYSTEM. HOW ABOUT YOU?

4 SAMPLE OF MERCER TOTAL REMUNERATION SURVEY 2012 company trendline versus market POTENTIAL RISKS OF USING UNOFFICIAL REMUNERATION INFORMATION INSTEAD OF PROFESSIONAL REMUNERATION REPORTS Build salary structure that is too high/low based on inaccurate market data. Use unreliable market data due to small sample size to make important decisions on pay. Employees complain about pay (pay is not fair within the company or not competitive compared to the market).

5 SAMPLE OF MERCER TOTAL REMUNERATION SURVEY 2012 benchmark position report (HR Officer PC 47-48) SURVEY TIMELINE Survey Data effective date: 1 JUNE Data Contribution kits Distribution: EARLY APRIL Data Submission close: 15 JUNE Data Validation & Checking: APRIL - JULY Survey Report Delivery: 15 SEPTEMBER Online Reports (PayMonitor/WIN) Training: LATE SEPTEMBER TRS Post-Survey Result Meeting: EARLY OCTOBER

6 INTRODUCTION ABOUT MERCER AND TALENTNET ABOUT MERCER Mercer is a leading global provider of consulting, outsourcing and investment services. Mercer s 18,000 employees are based in more than 40 countries providing services to over 25,000 clients in more than 40 countries. Mercer TotalRemuneration Surveys offer advice, data and tools to HR professionals around the world. In Vietnam, Mercer has 14 years of salary surveye (since 1999) and the biggest and most reliable salary database. Our consultants have more than 8 years experiences in Mercer survey and have most updated region, global HR trends as well as deep local knowledge. ABOUT TALENTNET Talentnet, formerly the Human Resource Services team of PricewaterhouseCoopers, has grown significantly to become a well-respected and professional strategic human resources consulting firm. With nearly 100 staff in offices in Ho Chi Minh City and Hanoi, the corporation is now one of the market leaders in Vietnam. We work with a wide range of businesses with nearly 50% clients in Fortune 500, including multinational, foreign companies, joint ventures... Being the representative of Mercer in Vietnam, Talentnet markets and provides client with Total Remuneration Survey (TRS), benefits survey, benchmarking tools& HR Consulting services.