Global Salary forecast 2020 - Korn Ferry Focus
GLOBAL SALARY FORECAST 2020
[ Focus on Asia-Pacific ]
What does our forecast mean for businesses?
Meet your presenters
Don Lowman Head of Reward and Benefits Consulting Korn Ferry
Based in USA don.lowman@
Harish Bhatia Regional Director Korn Ferry
Based in India harish.bhatia@
Trevor Warden
Co-Lead APAC, Rewards & Benefits and Work
Measurement
Korn Ferry
Based in Australia
Trevor.warden@
? 202108 Korn Ferry. All rights reserved
2
Agenda
1
ABOUT KORN FERRY
2
GLOBAL SALARY FORECAST ? DATA
3
WHAT THIS MEANS FOR BUSINESSES
4
SOME ADVICE AND BEST PRACTICE
5
Q&A
? 2020 Korn Ferry. All rights reserved
3
1
About Korn Ferry
Our expertise covers the whole talent journey
KORN FERRY SOLUTIONS
KORN FERRY PRODUCT SUITE
De livering
on your M&A promises
Driving
organizational e fficiency
INTEGRATED MARKET OFFERINGS
Delivering on
your functional strategy
Getting ahead
of digital disruption
Building an
inclusive organization
Transforming
your organization
Organization strategy
Organization design People strategy and
employee experience Top team performance Culture transformation Making change happen
Assessment and succession
Talent acquisition
Leadership development
Rewards and benefits
Success profiles Leadership
assessments Succession planning
Executive search
Board and CEO services
Professional search
Recruitment
process
outsourcing (RPO)
Project recruitment
Enterprise leadership Custom leadership Leadership accelerators
Executive pay and gov ernanc e
Employee rew ards Workmeasurement Salesforce
compensation
TALENT HUB
Asse ss
Listen
Se lect
Re cruit
Pe rform
Pay
KORN FERRY
ADVANCE (B2C)
5
Rewards and benefits
Executive pay and governance: We develop executive pay frameworks that attract the best talent and motivate them to deliver on your business strategy.
Employee rewards: We help you get the best ROI on your investment by developing fair and competitive reward programs that your employees value and that encourage the behaviors and performance your business needs.
Work measurement: We design and evaluate jobs, put in place grade structures and develop career frameworks so you can match the right people to the right role, pay them fairly and competitively and enable them to progress.
Sales compensation and incentives: We develop game-changing sales incentive programs that help you attract and retain key talent and build dynamic sales teams that deliver on strategic objectives and fill pipelines.
Korn Ferry Pay: We provide access to a comprehensive rewards database, which includes interactive reports on the effectiveness of your rewards programs and analytics on where your rewards program stands in the market, in order to deliver impactful rewards strategies.
By building integrated rewards programs that are in sync with your strategy, we give you more.
We get your business needs in line with the rewards your people value. As a result, you're in the best position to energize your teams, improve performance and grow your business.
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2
Global Salary Forecast Data
Our pay data: key figures
150+
Countries where we collect and provide pay data.
25,000
organizations in our pay database worldwide.
20m+
Job holders for whom we have salary data in 2019.
70
Every 70 seconds, a user logs into the pay platform.
71%
of the 60 largest countries where we are #1 or #2 in data density.
15+
years of sustained global database growth.
70%
of the Fortune 500 use our pay data & contribute to our database.
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