Presentation is loading. Please wait.

Presentation is loading. Please wait.

St. Petersburg, May 2008 Labour Remuneration in St. Petersburg: what employers offer Anna Egorova, Head of Labour Market Research Department.

Similar presentations


Presentation on theme: "St. Petersburg, May 2008 Labour Remuneration in St. Petersburg: what employers offer Anna Egorova, Head of Labour Market Research Department."— Presentation transcript:

1 St. Petersburg, May 2008 Labour Remuneration in St. Petersburg: what employers offer Anna Egorova, Head of Labour Market Research Department

2 St. Petersburg, May 2008 2 AVANTA Personnel is established in 2007 by high professionals with more than 15 years experience in the market of human resources services and solid reputation. We carry business in 9 regions of Russia, our staff is over 300 employees. By 2010 we plan to occupy the leader’s position in HR services market by the high quality of services, size of business and geography of business. Our Services:  Management and Specialists Permanent Recruitment (middle and top level)  Staff Leasing  Temporary Staffing  Large Scale Projects  Outstaffing  Labor Market Researches (Compensation Surveys)  Assessment Services and HR Consulting AVANTA Personnel

3 St. Petersburg, May 2008 3 We conduct : Regular salary & compensation surveys in following regions: Compensation Surveys Customized salary & compensation surveys for the definite market niche upon the client’s request Other investigations: labour market situation analysis, motivation surveys, etc.

4 St. Petersburg, May 2008 4 Salary and Compensation Survey in St. Petersburg Salary and Compensations Survey for many years serves the source of trusted information for the companies working on St. Petersburg market. Recent Salary and Compensations Survey - March 2008*: analyzed data received directly from 92 international and Russian companies includes data on HR-policies of over 43 500 employees investigates Salaries of over 27 400 employees Brief characteristics of the companies participated in the Survey: Investments:  49% foreign companies  40% Russian companies and  11 % joint ventures Activity:  71% are manufacturing companies  54% have Sales Departments  18 % provides Services Products:  40% - FMCG  54% - Industrial goods & services  18 % - Software Development  2% - other * this presentation contains only short extracts from the Survey. To know more about the detailed report please follow the link: http://www.avantapersonnel.ru/news/obzor_zp_spb_08/

5 St. Petersburg, May 2008 5 competitive salary flexible & clear bonus systems compensations & benefits training programs & career planning incentive programs 11 22 33 44 55 Employers & Employees: Offers & Expectations

6 St. Petersburg, May 2008 6 Competitive Salary  «white» salary, night work/ overtime compensation according to Labour Code - 92% companies  regular salary review based on inflation rate – 54% companies  regular salary review based on personal achievements, appraisal, company results – 93% companies 2007 95% companies increased salaries average salary increase came to 12-13%, maximum – 30% factors influenced on the increase: 2008 91% companies plans to increase salaries average planning salary increase comes to 10-12%, maximum – 30%

7 St. Petersburg, May 2008 7 Bonuses & Sales Commissions Bonuses:  66% of participants pay performance-based bonus (company performance, department performance, personal performance) average amount of bonus is 12-20% of annual base salary depending on position level  37% pay guaranteed bonuses (once/ twice a year, monthly, etc.) – for foreign companies average amount of bonus is 7-11% of annual base salary depending on position level – for Russian companies average amount of bonus is 12-18% of annual base salary depending on position level  47% pay anniversary bonuses Sales commissions: in average amounts 40-50% from base salary

8 St. Petersburg, May 2008 8 The most common benefits: medical insurance for employees – 78% companies: Insurance can cover: - out-patient treatment - inpatient treatment - dental service - pregnancy management average annual cost of medical insurance per employee RUR 14 803 lunch benefits - 73% companies: - lunches in own cafeteria - compensation in cash average daily compensation for lunch is RUR 107 Depending on the position: Corporate vehicle: - for top-managers - in 57% of companies - for managers – 29% - for sales personnel – 20-35% > 90% companies compensate cellular phone expenses average monthly compensation amounts from RUR 380 to 3150 depending on position > 80% covers business trips expenses (daily allowance) over the standards of Russian legislation 95% provide different training programs for employees Compensations & Benefits

9 St. Petersburg, May 2008 9 Other benefits: Compensations & Benefits

10 St. Petersburg, May 2008 10 Average monthly cash = base salary + actual bonuses Some examples

11 St. Petersburg, May 2008 11 In general: coaching at job - 83% companies internal programs of professional improvement – 58% companies For specialists/ supervisors: Short-term (1-7 days) seminars on professional qualification improvement conducted by external providers – 58% companies Long-term (1-12 months) courses of professional education and qualification improvement conducted by external providers – 50% companies Higher education For managers/ top-managers: Advanced education programs in management (MBA, CIMA, etc.) – 27% companies Advanced professional education programs (ACCA, etc.) – 26% companies Training programs & Career development

12 St. Petersburg, May 2008 12 Basic Level:  Corporate monthly, quarterly, semi-annual and annual contest on the appointment to a title “The Best” in various nominations with or without the Prize Pool  Placing the employee’s photo on the board of honor or mentioning the employee in corporate newspaper with his/her photo  Awarding employees with souvenirs with logos and corporate identities, presentation with corporate pins etc. For specialists/ supervisors:  interesting professional tasks, perspectives  career planning – in 40% companies, enrolling the employee into personnel reserve  well–known name of the company, good reputation of the employer etc. For managers/ top-managers:  interesting professional tasks  long-term perspectives in career development  freedom of choice, decision making  stability and positive dynamics of the business  well–known name of the company, good reputation of the employer, etc. Incentive programs

13 St. Petersburg, May 2008 13 Comparison with regions of Russia Average monthly cash = base salary + actual bonuses in total:

14 St. Petersburg, May 2008 14 Comparison with regions of Russia Benefits:

15 Anna Egorova, Head of Labour Market Research Department phone: 7 (812) 329-57-70 e-mail: egorova@avantapersonnel.ru Thank you for your attention!


Download ppt "St. Petersburg, May 2008 Labour Remuneration in St. Petersburg: what employers offer Anna Egorova, Head of Labour Market Research Department."

Similar presentations


Ads by Google