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.

     

     

    • Overview

    Overview

    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.


    arrowTotal Compensation Analysis

    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
    Pharmaceuticals Finance Engineering
    Research and Development Legal Manufacture
    Marketing Operations Human Resources
    Repair and Maintenance Supplies and Logistics High Tech or Information Technology
    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.

    Schedule

    Deadline to confirm participationMarch 30th, 2017
    Data collection of salaries and benefits close date May 15th, 2017
    Survey ResultsSeptember 2017


    Contacts

    Octavio Gallardo
    +57 1 742 1071 
    Octavio.gallardo@mercer.com
    • 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