Korn Ferry Pay puts the full picture of pay at your fingertips. So you can make changes that attract and keep the best.

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WHAT’S INSIDEHow Korn Ferry Pay can help

How Korn Ferry Pay works

Attract, develop, retain

Your one-stop-shop for answers

Your reward program is an important part of what attracts top talent to your organization – and what makes them stay. And as your organization’s biggest cost, it’s vital it gives you a good return on your investment.

But in a constantly changing world, attracting, engaging and keeping people with the skills you need is tough. And it’s set to get even tougher. Korn Ferry’s latest study on the future of work, The Talent Crunch, predicts that the global economy will be missing 85.2 million skilled workers by 2030.

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Korn Ferry Pay can help.

It’s an easy-to-use, interactive online platform that applies our market-leading data, tools and insights to give you a complete picture of pay in your organization. So you can see where you’re spending your reward budget, how that compares to your peers and how you could allocate it more effectively. All in one place.

What’s in it for you?

If you use the platform regularly:

· Accurate, on-the-spot analysis from our market-leading data, insights and tools – all in one place.

· Instant answers to your questions, however big or small.

· Customized grades and peer groups that giveyou the exact market comparisons you want.

· An understanding of how competitive yourreward is externally and how fair it is internally.

If you use its insights to drive reward policy or business strategy:

· Focused insights to sharpen your paypractices and make you more competitive.

· A consistent language and framework for HR.

· Comprehensive, up-to-date reportingand visuals to share across the business.

· The time and freedom to focus on thethings that make the biggest impact.

· A better return on your investment frommeeting your employees’ reward needs.

DID YOU KNOW?Organizations whose pay strategies highly aligned with organizational goals were the most likely to anticipate growth of 10 percent or more.

Source: Human Capital Trends 2018, Deloitte

BELIZE

JAMAICA CARIBBEAN ISLANDS

BARBADOS

ICELAND

TRINIDAD AND TOBAGO

MALTA

NORTH MACEDONIA

MONTENEGRO

KOSOVO

ISRAEL

PALESTINEAFGHANISTAN

LAOS

BRUNEI

MONGOLIA

MYANMAR

NEPAL

SRI LANKA

CAMBODIA

SOLOMON ISLANDS

BANGLADESH

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WHERE DO WE HAVE DATA?

EUROPE45 countries

12,500 companies

8,680,000 employees

ASIA26 countries

3860 companies

2,186,000 employees

NORTH & CENTRAL AMERICA14 countries

3300 companies

6,455,000 employees

PACIFIC5 countries

890 companies

508,900 employees

AFRICA21 countries

1280 companies

473,000 employees

SOUTH AMERICA10 countries

1900 companies

2,685,000 employees

MIDDLE EAST11 countries

1880 companies

1,094,000 employees

GLOBAL130+ countries

25,000 companies

22,000,000 employees

How it works.

Subscribe to Korn Ferry Payand you’ll get:

1. The latest insights on all your markets

· Understand the local economic factors affecting pay, such as GDP growth, inflation and unemployment rates.

· View pay by sector, salary or job family to gain a picture of the local market.

· See which job families have the highest turnover and which roles attract a pay premium by sector or industry.

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3. Easy-to-read reports you can show your leaders

· Convert our market insights into a Compensation and Benefits report you can download by section to save time.

· Export your benchmarking insights into an Excel document you can adapt to suit your needs and audience.

· Download your reward health check into a PDF that’s ready to present to the Board.

2. Interactive reports you can adjust in real time

· Drill down into your data to get instant answers to all your questions.

· Model how planned salary increases would affect your competitive position.

· See how well your reward programs are working compared to your competitors’. Are you focusing your spend on the functions and people that drive business results? Are you paying jobs similarly within and across functions?

· Discover how your people perceive reward and how you could change it to make them more motivated and engaged.

· See which job families have the highest turnover and which roles attract a pay premium by sector or industry.

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But that’s not all.

A subscription to Korn Ferry Pay also gives you access to:

The Talent Hub: View all the jobs in your organization at a high level or in detail, and tried-and-tested success profiles you can adapt to your exact needs.

Korn Ferry thought leadership: Understand the pay landscape better with publications such as our annual Global Salary Forecast.

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FOUR REASONS TO CHOOSE KORN FERRY PAY

Draw on Korn Ferry’s dedicated experts on pay, and access the level of support to suit your needs - from personalized workshops to get the most from your data, to a simple, self-service approach.

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1We have world’s most comprehensive database on pay, with data on more than 20 million job holders in 25,000 organizations and over 130 countries worldwide.

2Use our tools to design highly competitive reward programs that attract and retain top talent, and achieve your organizational goals. 3

Make strategic business decisions about your reward program with confidence, knowing that the data behind it is robust and reliable.

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Attract, develop, retain

How Korn Ferry Pay can help you tackle the talent crunch

The data, insights and tools in Korn Ferry Pay will allow you to:

1. Attract the best people in each market

· Align your salaries with the latest global trends as well as local markets to make sure you’re competitive.

· Avoid missing out on good people by assessing and improving pay equity inside your organization as well as out.

· Tailor one of our 4,000+ success profiles to the roles you want to fill. So you know exactly what good looks like for roles of every job size and level – and what they’re worth.

2. Develop your people to succeed & lead

· Use our success profiles to plan the natural next step for each role – so people understand the career paths available, and the traits, behaviors and competences they’ll need to get there.

· Pay fairly and competitively for promotions as well as performance.

3. Engage and keep your top talent

· Use your understanding of how people perceive your reward program to focus your budget on the things that have the biggest impact.

· Keep on top of changes in the pay landscape and adapt your reward programs to stay current.

· Protect your top talent by making sure their pay reflects how “hot” they are in the market – and use your benchmarking data to prove you’re paying them the market rate.

Source: European Commission, PWC

of employees say they won’t apply to a job where a pay gap exists between men and women.Source: European Commission, PWC

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Korn Ferry Pay: Your one-stop-shop for the answers you need

Is our pay internally fair as well as externally competitive?

Does it comply with regulation in all our markets?

Where is it better to build talent and where does it make more sense to buy?

How does our structure and headcount compare with our competitors?

Are we spending our reward budget more or less efficiently than them?

Where can we access the trustworthy data we need to make strategic decisions and back up our recommendations to the Board?

How can our reward program make people more engaged and productive, while keeping pace with our rapidly changing organization?

Korn Ferry Pay makes it easy to answer these and all your other questions. So you can get the most out of your investment in reward.

Why not discuss how it can help you today?

Three simple steps to get started with Korn Ferry Pay

1. Contact your local KF representative to discuss your annual subscription options.

2. Have one of our consultants map your jobs against our success profiles , to give you a single, consistent approach for defining and managing talent.

3. Use our AI-enabled data submission tool to upload your data to Korn Ferry Pay – quickly and easily.

To find out more, visit kornferry.com/pay

About Korn FerryKorn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.

© 2019 Korn Ferry. All rights reserved.