2017 Short-Term Incentives Around the World Report
The 2017 Short-Term Incentives Around the World publication provides human resource (HR) and business managers with up-to-date information on short-term incentive figures and strategies. This publication offers country-level data on the provision of short-term incentives for six distinct career levels across 16 job families, as well as the target and actual payout for this type of compensation.
It also provides regional comparisons and three-year trends to help decision makers understand what the future may hold and anticipate market changes.
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Mercer’s Global edition of Short-Term Incentives Around the World (STIAW) is a valuable tool for understanding how incentive eligibility and award levels differ geographically and by employee level and function. Incentives have always played a decisive role in designing a competitive compensation plan at the organizational level. The key objective in developing an effective incentive plan is to align business objectives with employee compensation.
In the current environment, competition is fierce for the capacities that will help companies drive business performance. In addition, factors such as local practices, company type, and job mix within a particular location contribute to an increase or decrease in compensation and benefits costs, making compensation strategies complex. Nevertheless, companies are now thinking broadly about incentive plans and considering market realities to frame the correct one.
This HR research report summary helps human resources professionals by providing a quick reference guide for fast, informed decision making. Several key questions about variable pay are answered including:
What are incentives?
What general categories do incentives fall under?
What type of criteria do companies typically use for short-term incentives?
What are common types of short term incentives?
What are some considerations when designing variable pay plans?
Mercer’s Short Term Incentives From Around the World Report is organized into three main sections:
- The Summary of key findings highlights information within the report from three different perspectives:
- Incentives by career level
- Incentives by job family
- Historical perspective
- The Regional overview provides tables and graphs on eligibility (represented by percentage of employees receiving incentives) and actual and target incentives (incentives as a percentage of base salary) to employees in six different career levels.
NOTE: See list of career levels below
- The Methodology section delineates the methods used in the report and lists key definitions.
Short-Term Incentives Around the World offers an in-depth collection of data and global information.
71 countries. 87 markets.
- Asia Pacific.
- Middle East.
- STI prevalence
- Actual and target incentives, as a percentage of base salary
Career levels considered
- Management - Manager
- Management - Supervisor and teal leader
- Professional - Senior
- Professional - Experienced
Job families considered
- Contact center
- Corporate affairs
- Finance and accounting
- Human resources
- Information technology
- Quality assurance
- Research and development S
- ales and marketing
- Supply and logistics Top management
All EMPLOYEE INCENTIVES, COSTS & POLICY REPORTS
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