Mercer | Comptryx - Life Sciences


Mercer | Comptryx - Life Sciences image

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Mercer | Comptryx is a 3-in-1 online tool that enables industry benchmarking of both pay and workforce metrics. This allows you to compare the cost of your employees to the competition, and then analyze the factors that drive this result. That cost is not just from what you pay, but the structure and composition of your workforce. We use a full census data submission and a state-of-the-art reporting tool to generate this unique and powerful data. Unlike other salary surveys we're generating the true business intelligence that Executives are increasingly seeking from HR.

This Life Sciences edition of Mercer | Comptryx covers all levels, all functions, and all data elements typically found in the industry including key sectors such as Animal Health, Biotech/Pre-clinical Research, Clinical Research, Medical Devices, and Pharmaceuticals.

Membership elements include:

  • 12-months access to all three modules
  • Unlimited users (client controlled access)
  • Personalized workforce review in first year access
  • Pre-set cuts by size and sector, and one custom peer cut

Three distinct modules help you achieve organizational optimization:

Global Pay

Compensation benchmarking data for all jobs, levels, data elements, and locations typically found in a Life Sciences company.

Workforce Metrics

Compare the metrics of your organization to the competition in areas such as gender, attrition, experience, and promotion.

Labor Cost Modeling

The ability to design virtual organizations on the fly and instantly estimate payroll costs in locations around the world.

  • Overview
  • Product Details
  • How Does It Work?
  • Participation Requirements
  • Pricing
  • Webcasts
  • System Login

Overview

Do you know…

  • how your people costs compare to the norms in your industry?
  • the cost-impact of a high or low span of control?
  • if you are losing employees at a higher rate than your peers in a particular level, function, job or location?
  • the ideal size and structure of your workforce?
  • where the most cost effective location with a sufficient supply of skills needed for your next office is?

With cutting-edge workforce metrics and analytics from Mercer | Comptryx, you can quickly and easily answer these questions and more!

Mercer | Comptryx is an affordable price and, with unique reporting, represents the highest value product on the market.

Product Details

All industry editions include a full spectrum of support functions to ensure that your entire employee population is represented in the dataset. Purchasers provide a typical survey data submission, for ALL employees; not just those in benchmark jobs. This allows us to report workforce metrics as a "% of total headcount" and "% of total payroll". It also ensures a more complete and valid view of the market, as participants can't arbitrarily exclude certain employees from the submission. We also collect data elements designed to give you additional insights as part of your competitive analysis (e.g. gender, top performers, promotion, tenure, age, turnover etc.).

Sectors Reported

  • Animal Health
  • Biotech/Pre-clinical Research
  • Clinical Research
  • Medical Devices
  • Pharmaceuticals

Featured Business-Critical Functions

  • Biochemical Manufacturing Operations
  • Clinical Research & Clinical Trials
  • Health Economics & Market Access
  • Medical Liaison
  • Medical Writing & Documentation
  • Pre-clinical– Pharmacology
  • Regulatory, Compliance & Medical Affairs
  • More!

How Does It Work?

Our state-of-the-art reporting tool, broad list of metrics, and robust database will help you determine the optimal organizational size, shape, mix, and cost to achieve your business objectives. Our reporting menu covers 4 categories of metrics including:

Financials

Revenue and profit per employee, average salary per employee, total workforce cost as a percentage of revenue or profit, total sales commissions/incentives as a percentage of revenue.

Distribution of Staff

By staff level (executives vs. management, professional and support, etc.); by functional area (R&D versus sales and marketing, operations and support, % HR, finance, legal, R&D, sales, etc., of total headcount and payroll); by location.

Turnover Analysis/Attrition

Voluntary and total turnover; analysis covers everything from broad populations down to specific jobs by city, country, region or globally, "empirically-derived" reporting based on actual terms vs. active employees.

Demographics

Age, experience, and gender (percentages by role, pay differences between men and women by job).

What Makes Mercer | Comptryx Different?

Subscribers provide a typical survey data submission, for ALL employees; not just those in benchmark jobs. This allows us to report workforce metrics as a "% of total headcount" and "% of total payroll". It also ensures a more complete and valid view of the market, as participants can't arbitrarily exclude certain employees from the submission. We also collect data elements designed to give you additional insights as part of your competitive analysis (e.g. gender, top performers, promotion, tenure, age, turnover etc.).

Participation Requirements

Subscribers provide a typical survey data submission, for ALL employees; not just those in benchmark jobs. This allows us to report workforce metrics as a "% of total headcount" and "% of total payroll". It also ensures a more complete and valid view of the market, as participants can't arbitrarily exclude certain employees from the submission. We also collect data elements designed to give you additional insights as part of your competitive analysis (e.g. gender, top performers, promotion, tenure, age, turnover etc.).

Pricing

Pricing includes access to all modules of Mercer | Comptryx and unlimited users, with multi-year discounts available.

Company Size Price Order
Small
(4 or less countries AND less than 750 employees)
USD 5,750 Order Now
Mid
(5–14 countries OR 750–5,000 employees)
USD 9,750 Order Now
Large
(15 or more countries OR 5,000–50,000 employees)
USD 16,500 Order Now
Jumbo
(More than 50,000 employees regardless of # of countries)
USD 22,000 Order Now

Webcasts

Missed one of our webcasts? View them here.

Gender Measures that Matter

Explore how attrition, hiring, promotion activities, plus development programs will support a strategy of enhancing female representation at all levels of the organization. Discover how data can help you understand how your profiles compare to market norms, and identify problems and opportunities.

View Webcast

Understanding People Costs: Your Key to Unlocking the Workforce Analytics Conversation

Armed with cutting edge technology and access to global data, you can move beyond basic reporting into powerful data analysis with the objective of find the optimum size, shape, and mix of your organization to support business goals. In doing so, you bring critical business intelligence (BI) to Executive Management, expressed in language and in the context that gets visibility – cost. Learn how you can transform basic HR reporting into meaningful BI to inform critical business decisions.

Tackling Trends in Turnover

You're constantly confronted with the challenge of interpreting turnover information, digging deeper into what numbers mean to help management to understand if events are good, bad or as expected. One of the greatest challenges is providing turnover information in a timely, concise and comprehensive manner, articulating what is happening internally (e.g., are impacts to high performers, specific divisions) as well as externally (e.g., low country unemployment translating into higher rates of turnover). See how having the right few data points will empower management to move from analysis to action in a way that will have the greatest impact on the organization.

View Webcast

解讀薪資與生產力背後的真相
(The Truth Behind Payroll and Productivity)

Explore the payroll statistics and productivity measures that the business cares about and understand how they compare against industry peers. Additionally, learn how in-depth analysis of HR related metrics can help you review the talent and reward strategies and present key intelligence to the business.

View Webcast

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