Advantages

• Access energy report and a sample of 30 job positions 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.
• Merge the sectors (oil, oil services, and mining) into one catalogue.
• Online access to results through Mercer WIN®.
• Launch event for all participants, providing an opportunity 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 six levels:

• Base salary = Base salary multiplied by 12
• Base annual salary= Base salary + Christmas bonus (multiplied by 13)
• Total guaranteed cash compensation = Base salary plus guaranteed allowances
• Total cash compensation = Total guaranteed cash compensation plus short-term incentive, sales incentive, profit sharing or other incentive awards
• Total direct compensation = Total cash compensation plus long-term incentive awards, valued using Black-Scholes methodology for appreciation-based awards
• Total remuneration = Total direct compensation plus benefits and perquisites.

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

Results are delivered via Mercer WIN®, an interactive tool that allows access to the survey results and enables you to:

• Produce custom statistics tailored to your needs, based on peer groups, revenue size, total employees and more.
• Review 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.
• Access 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.

Deadline to participate: April 2022
Effective date for data: May 2022
Survey Results: September 2022

William Rincón
+57 320 4903330
william.rincon@mercer.com