You know how much your business relies on the experience and knowledge of your valued employees, but do you know if your compensation practices fit the market and are going to help retain them? In the competitive Bermuda market, companies are increasingly developing more sophisticated reward strategies and programmes to help recruit, retain and motivate key staff to achieve business objectives.
The Bermuda International Business Compensation Survey provides insight into the compensation practices of others in your sector and examines market trends. Participating in the survey helps you to determine the strengths of your own compensation practices—and also alerts you to areas you may need to review to stay competitive.
In addition to salary and bonus information on over 140 benchmark positions, the report also covers stock options, housing allowances, payroll deductions, leave allowances, pension contributions, expatriate pay packages and more.
There is only one way to gain access to this valuable information—participate in the Survey! The survey questionnaire will be available May through June, and the survey results will be released in September.