Transcript Document
Labour Remuneration in St. Petersburg: what employers offer Anna Egorova, Head of Labour Market Research Department St. Petersburg, May 2008 AVANTA Personnel 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 St. Petersburg, May 2008 2 Compensation Surveys We conduct : Regular salary & compensation surveys in following regions: Customized salary & compensation surveys for the definite market niche upon the client’s request Other investigations: labour market situation analysis, motivation surveys, etc. St. Petersburg, May 2008 3 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/ St. Petersburg, May 2008 4 Employers & Employees: Offers & Expectations 1 competitive salary 2 flexible & clear bonus systems 3 compensations & benefits 4 training programs & career planning 5 incentive programs St. Petersburg, May 2008 5 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% company performance personal achievements of employees 28% 52% 66% labour market situation factors influenced on the increase: inflation 49% 2008 91% companies plans to increase salaries average planning salary increase comes to 10-12%, maximum – 30% St. Petersburg, May 2008 6 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 St. Petersburg, May 2008 7 Compensations & Benefits 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 St. Petersburg, May 2008 8 Compensations & Benefits Other benefits: Corporate entertainment programs 91% Financial aid in emergency case 79% Stock options for employees Private pension programs 15% 9% Loans 23% Sport benefits Medical insurance for families Life and accident insurance 40% 21% 24% Additional paid days-off 41% Additional compensation of sick leaves 37% Shuttles to the factory Public transportation allowance 35% 18% etc….. St. Petersburg, May 2008 9 Some examples 180 160 140 120 100 80 60 40 20 000 000 000 000 000 000 000 000 000 0 170 406 Plant Manager 145 578 144 199 Regional Sales Manager Operations manager (SW Dev) RUR/ month, Gross RUR/ month, Gross Average monthly cash = base salary + actual bonuses 100 90 80 70 60 50 40 30 20 10 000 000 000 000 000 000 000 000 000 000 0 89 563 HR Manager St. Petersburg, May 2008 73 212 73 797 IT Manager Chief Accountant 10 Training programs & Career development 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 St. Petersburg, May 2008 11 Incentive programs 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. St. Petersburg, May 2008 12 Comparison with regions of Russia Average monthly cash = base salary + actual bonuses in total: 120% 100% 100% 80% 67% 62% 55% 60% 63% 58% 58% Perm Rostov-on-Don 64% 40% 20% 0% St. Petersburg Vladivostok Yekaterinburg Krasnodar Novosibirsk St. Petersburg, May 2008 Samara 13 Comparison with regions of Russia % of companies providing the benefit Benefits: Medical Insurance 78% 75% 39% 62% 58% Perm Rostov-on-Don 65% 44% 26% St. Petersburg Vladivostok Yekaterinburg Krasnodar Novosibirsk Samara % of companies providing the benefit Lunch Benefits 73% 25% St. Petersburg Vladivostok 33% Yekaterinburg 41% Krasnodar 48% 47% 34% Novosibirsk St. Petersburg, May 2008 Perm Rostov-on-Don 43% Samara 14 Thank you for your attention! Anna Egorova, Head of Labour Market Research Department phone: 7 (812) 329-57-70 e-mail: [email protected]