2016 twds pharmaceutical and health sciences€¦ · pharmaceutical and health sciences data,...
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Pharmaceutical and Health Sciences Data, Analytics, Insights and Experience From a Market Leader
2016
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Animal Health Compensation Survey Report
New for 2016: Austria | Belgium | France | Hungary | Ireland
Functions: Drug Discovery Research | Drug Development and Preclinical Studies | Clinical Development | Medical Affairs, Productions/Operations | Quality Assurance | Marketing and Sales | Account Management | Animal Health Sales
Medtech Compensation Survey Report
Functions: Research and Development | Product Development and Support | Marketing and Sales | Channel Sales | Direct Sales | Technical Sales Support | Engineering
Pharmaceutical and Health Sciences Compensation Survey Report
70 + 3,300+ 1 million+Countries Globally Participants Incumbents
Industry Coverage: Pharmaceutical (Including Human and Animal Health) | Consumer Health | MedTech | Biotechnology | Contract Research | Nutritional Supplement
Pharmaceutical Compensation Survey Report
Functions: Drug Discovery Research | Drug Development and Preclinical Studies | Clinical Development | Medical and Regulatory Affairs | Market Access | Productions/Operations | Quality Assurance | Marketing and Sales | Account Management | Medical Representation
5 + 48 19,500+Countries Globally Participants Incumbents
45 1,450+ 385,500+Countries Globally Participants Incumbents
31 740+ 189,500+Countries Globally Participants Incumbents
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Aging populations, chronic/lifestyle diseases, emerging-market expansion, and treatment and technology advances are expected to spur life sciences sector growth in 2015. However, efforts by governments, health care providers, and health plans to reduce costs, improve outcomes, and demonstrate value are dramatically altering the health care demand and delivery landscape. It is becoming increasingly evident that the global life sciences sector is operating in an era of significant transformation.
Recognized worldwide as a leading provider of compensation, HR policies, benefits design and employment practices information to the global employer community, we help you manage complex pay and benefit decisions so you can develop localized cost-effective pay and benefits packages that account for typical practice.
Data submission is required to access pharmaceutical and health sciences and general industry executive compensation survey reports. Data displayed is for illustrative purposes only. Report formats and pay elements may vary by survey and country to reflect unique local practices.
Pharmaceutical and Health Sciences Compensation Survey Report
Sample Data
Compensation HR Policies and Practices Benefits Design Practices
• Employee pay, location, geographic responsibility • Base pay, guaranteed bonus, allowances, actual and variable pay, long-term incentives, total cash and total direct compensation • Organization size, number of employees, geographic scope, location, reporting level • Methodology: Our surveys use an integrated survey leveling methodology that combines integrated Functions and Disciplines with survey levels. The Executive surveys use a benchmark job approach with analysis by organization size and global grades
Additional information on typical local HR practices, providing you with a well-rounded understanding of local HR environments: • Attraction, retention and termination, lengths of service • Company car • Education and training, working hours, business travel and relocation • Employer and employee costs including social security contributions • Guaranteed payments, cash allowances and perquisites
Comprehensive coverage of benefits information including retirement, healthcare, death and disability, and wellness to support benefits specialists with plan benchmarking and design. • Paid time off, meal benefits, flexible benefits • Healthcare: Medical, dental and vision • Retirement: DB, DC or hybrid schemes • Risk Benefits Plans: Death, accident, disability, critical illness • Wellness: Medical check-ups, employee assistance plans
At a GlanceCovering all employee levels and sector-specific roles, our surveys capture*:
* May vary by region.
TRAINING/PROFESSIONAL DEVELOPMENTTraining/professional development policy
Policy for training/professional development or continuing education
All costs covered, including payment for missed working timeAll costs covered, excluding payment for missed working timeNo costs covered and no payment for missed working time
• Formally established
• Discretionary (on a case-by-case basis)
• Combination of both
62.1
27.7
10.3
%reporting
86.7
%reporting
82.915.0
2.1
%reporting
78.3
69.274.547.1
Type of policy:
Coverage of costs
Contribution to development/education activities
% contributingContribution covers
• MBA/University Education
• Professional quali�cation (ACCA, CPA, CFA, or CIMA)
• Other type of education
No of Companies responding: 234
No of Companies responding: 263
HR Policies and Practices
Summary
91%
30%
100%
51%
61%
60%
85%
69%
85%
37%
22%
75%
67%
81%
30%
75%
63%
82%
49%
61
20
67
34
41
40
57
46
57
25
15
50
45
54
20
50
42
55
33
DC Retirement Plan
DB Retirement Plan
Private Medical Insurance
Dental
Optical
Medical check-up
Employee Assistance Plan
Wellness Program
Group Life
AD&D
Critical Illness
Disability
Business Travel Accident
Company Car/Transportation
Loan Program
Childcare
Meal bene�ts
Tuition
Flexible Bene�ts
67
67
67
67
67
67
67
67
67
67
67
67
67
67
67
67
67
67
67
PrevalenceNumber of companies
Total participants
DC Retirement Plan
DB Retirement Plan
Private Medical Insurance
Dental
Optical
Medical check-up
Employee Assistance Plan
Wellness Program
Group Life
AD&D
Critical Illness
Disability
Business Travel Accident
Company Car/Transportation
Loan Program
Childcare
Meal bene�ts
Tuition
Flexible Bene�ts
91%
30%
100%
51%
61%
60%85%
69%
85%
37%
22%
75%
67%
81%
30%75%
63%
82%
49%
0% 20% 40% 60% 80% 100%
Prevalence of benefits
Benefits Design Practices
2016 Pharmaceutical and Health Sciences 3
Our portfolio of reports is designed for global and regional headquarters as well as for multinationals and local companies.
Reports Available to Supplement Your Pharmaceutical and Health Sciences Data
Flexible and insightful reports and analyses delivered online wherever you do business
Combine jobs to mirror your internal job classifications
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Take Your Data FurtherTake report data further with our country-level experts, who can also provide insights for change in your organization.
Customized Surveys Data, Insights and Expertise Research and Publications
Cover positions and organizations across a broad range of industries.
All employee levels
General Industry Compensation Survey Reports
115+Countries Globally 18,000+
Participants 9.5 million+Incumbents
35+Countries Globally 2,000+
Participants 54,000+Incumbents
Executive only
Industry Coverage: Energy and Natural Resources | Financial Services | General Industry | High Tech | Media | Pharmaceutical and Health Sciences | Private Equity | Retail
Operation Types: Marketing and Sales | Shared Service Center | Manufacturing | Research and Development | Distribution | Consulting and Services | Technical Support
Single Country Report Albania ●Algeria ● ● ●Angola* ●Argentina ● ● ● ● ●Australia ● ● ●Austria ● ● ● ● ●Azerbaijan ● ●Bahrain ● ● ●Bangladesh ●Belarus ● ● ●Belgium ● ● ● ● ● ●Bosnia-Herzegovina ● ●Botswana* ●Brazil ● ● ● ●Brunei ●Bulgaria ● ● ●Cambodia ●Canada ● ● ●Chile ● ●China ● ● ●Colombia ● ●Congo (DRC)* ●Costa Rica ●Croatia ● ● ● ●Cyprus ●Czech Republic ● ● ● ●Denmark ● ● ● ●Dominican Republic ●Ecuador ●Egypt ● ● ●El Salvador ●Estonia ● ● ●Finland ● ● ● ●France ● ● ● ● ● ●Georgia ● ●Germany ● ● ● ● ● ●Ghana ●Greece ● ● ● ●Guatemala ●Honduras ●Hong Kong ● ● ●Hungary ● ● ● ● ●India ● ● ●Indonesia ● ● ●Iraq ●Ireland ● ● ● ● ● ●Israel ● ●Italy ● ● ● ● ● ●Ivory Coast ●Japan ● ● ●Jordan ● ● ●Kazakhstan ● ● ●Kenya ●Korea ● ● ●Kuwait ● ● ● ●Laos ●Latvia ● ● ●Lebanon ● ● ● ●Lesotho* ●
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Single Country Report Libya ●Lithuania ● ● ●Luxembourg ●Macedonia ● ●Malawi* ●Malaysia ● ● ●Mauritius* ●Mexico ● ● ● ● ● ●Moldova ●Montenegro ●Morocco ● ● ●Mozambique* ●Myanmar ●Namibia* ●Netherlands ● ● ● ● ●New Zealand ●Nicaragua ●Nigeria ●Norway ● ● ● ●Oman ● ● ●Pakistan ●Panama ●Paraguay ●Peru ● ●Philippines ● ● ●Poland ● ● ● ●Portugal ● ● ● ●Puerto Rico ●Qatar ● ● ● ●Romania ● ● ● ●Russia ● ● ● ● ●Saudi Arabia ● ● ● ● ●Senegal ●Serbia ● ● ●Singapore ● ● ●Slovakia ● ● ● ●Slovenia ● ● ●South Africa ● ● ● ●Spain ● ● ● ● ● ●Sri Lanka ●Swaziland* ●Sweden ● ● ● ● ●Switzerland ● ● ● ● ●Taiwan ● ● ●Tanzania* ●Thailand ● ● ●Tunisia ● ●Turkey ● ● ● ● ● ●Uganda* ●Ukraine ● ● ● ●United Arab Emirates ● ● ● ● ●United Kingdom ● ● ● ● ● ●United States ● ● ●Uruguay ●Venezuela ●Vietnam ● ● ●Zambia* ●Zimbabwe* ●
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Reports Cover More Than 115 Countries Globally and all Industry Sectors Our consistent approach facilitates analyses across countries and regions
Regional Contact InformationAsia [email protected]: +63 2 902 0777Fax: +63 2 902 0700
[email protected]: +65 6880 5688Fax: +65 6880 5699
Europe, Middle East and [email protected]: +32 2 678 15 11Fax: +32 2 675 36 01 For Compensation Surveys: Energy and Natural Resources; General Industry; Pharmaceutical and Health Sciences; Retail (except for Retail UK)
[email protected] Phone: +44 20 7170 2999Fax: +44 20 7170 2222 For Compensation Surveys: Financial Services; High Tech; Media; Manufacturing, Distribution and Services; Private Equity; Retail UK
Latin [email protected]: +1 866 824 5815 (toll free)Phone: +1 954 767 1345 (outside the U.S.)Fax: +1 954 430 0345
North [email protected]: +1 877 550 4402 (toll free)Phone: +1 416 960 2700 (outside Canada)Fax: +1 416 960 7093
United [email protected]: +1 800 645 5771 (toll free) Phone: +1 914 289 3200 (outside the U.S.)Fax: +1 914 289 3201
Willis Towers Watson Data ServicesWillis Towers Watson Data Services is a leading provider of compensation, benefits and employment practices information to the global employer community. Our databases are recognized worldwide as a premier source of current data for compensation planning.
Willis Towers Watson Data Services44 South Broadway, 13th FloorWhite Plains, NY 10601-4411T +1 800 645 5771 F +1 914 289 [email protected]
About Willis Towers WatsonWillis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 territories. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
Copyright © 2016 Willis Towers Watson. All rights reserved.WTWDS-GL-16-SAL-1071a
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Results will be published assuming sufficient participation. *TW-PECS General Industry Survey for Africa.