Compensation Survey for the Energy Sector - Colombia and Ecuador


Compensation Survey for the Energy Sector - Colombia and Ecuador SKU_7781

The energy industry in Colombia and Ecuador (including the subindustries Mining, Utilities and Oil&Gas) continues to strengthen and is a growing motor for the country's development today and surely expected for the years to come. Companies must be prepared to actively participate in the talent fight, be more competitive, and optimize their productivity to achieve better results for their organizations, their employees and ultimately the whole country.

In Mercer, we continue to work hand by hand with you to generate reliable information, which allows you to better manage your employee’s strategies and promote your company as a consolidated leader in the market.

View Brochure - Colombia View Brochure - Ecuador
  • Advantages
  • Methodology
  • Coverage
  • Results Presentation
  • Survey Schedule / Contacts
  • PRICING Options

Advantages

  • You get an Energy (general market) report and a 30 job positions sample from your industry.
  • You can broaden the market sample within your sector and take decisions comparing relevant information by job and IPE level by sector.
  • You can merge the sectors (oil, oil services, and mining). One catalogue for all.
  • Online access to results through Mercer WIN®.
  • Launch event for all participants, a chance to network and get first hand insight into the results.

Methodology

Mercer presents this survey’ results using two different approaches

  • Traditional: comparison based on job type according to Mercer’s catalogue, done according to job’s description and role type.
  • By level: also known as comparison by IPE grade. This comparison is based on similar responsibilities and the job’s impact in the organization.

Mercer’s methodology analyzes total compensation in 6 levels:

1 BASE SALARY 12 MONTHS
Monthly based salary for 12 months.
1 ANUAL BASE SALARY
Base salary 12 months plus bonus.
2 TOTAL GUARANTEED CASH COMPENSATION
Base salary plus the annualized value of guaranteed allowances
3 TOTAL CASH COMPENSATION
Total guaranteed cash compensation plus annualized value of short-term incentive, sales incentive, profit sharing or other incentive awards
4 TOTAL CASH COMPENSATION AND LONG-TERM INCENTIVE
Total cash compensation plus the annualized value of any long-term incentive awards, valued using Black-Scholes methodology for appreciation-based awards
5 TOTAL REMUNERATION
Total direct compensation plus the annualized value of benefits

Coverage

The catalogue includes approximately 800 positions from all levels (from Analysts up to CEOs) in different areas of the company:

  • Administration
  • Audit
  • Call Center
  • Finance
  • Engineering
  • Human Resources
  • High Tech or Information Technology
  • Legal
  • Manufacturing
  • Marketing
  • Operations
  • Pharmaceuticals
  • Research and Development
  • Repair and Maintenance
  • Supplies and Logistics
  • Sales

Results Presentation

Online access - Data delivered online through Mercer WIN® accessible anywhere, at any time allowing you to:

  • Custom analyses - Custom statistics tailored to your needs, based on peer groups, revenue size, total employees and more.
  • 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.
  • Benefits & prevalence summary - Information on short-term and long-term incentive provision and benefits practices, including company cars, pensions and medical benefits.
  • 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.
  • Export to Excel available.

Get more information about Mercer WIN® here: www.imercer.com/win.

Survey Schedule / Contacts

  • Deadline to confirm participation: March 2020
  • Data collection of salaries and benefits close date: May 2020
  • Survey Results: September 2020

Julian Garcia
+57 1 742 1029
julian.garcia@mercer.com

PRICING Options

Colombia
Participant: COP$ 16,000,000
Non-Participant: three times the participant’s price

Ecuador
Participant: USD 4,700
Non-Participant: three times the participant’s price

  • Ordering TypePDF
  • IsOrderingSetNo
  • Compensation GridShow
  • Short DescriptionThe Oil & Gas industry in Colombia (both factories and service oriented companies) continues to strengthen and is a growing motor for Ecuador’s development today and surely expected for the years to come.
  • RegionUS