What is the Comp-Ratio market analysis?
A commonly used measurement to determine how salaries are different from the market, is the comparative “market compa-ratio”. The calculation is quite simple.
–First you have to set the target salary position. This is the market range position you want you competent staff’s compensation to be measured against (e.g. at market median or market 75th percentile).
–If, for example, your target is to be at the median of a salary range, the market compa-ratio will be calculated using the median of the market group as follows :
Average of all salaries in a specifc job
Median (Market target)
A market ratio of 1 suggests that the average actual pay is in line with the market target.If the ratio is above 1, the average actual pay is higher than the market target. If the ratio is less than 1, the average actual pay is lower than market.
As of 2009 Survey Cycle, CompTrack includes an interactive built-in market compa-ratio tool (following the fore mentioned methodology) that combines your compensation data submission with the market results, merging both in a clear and easy to understand tabular output.
Watson Wyatt Data Services offers a broad range of general (all) industry compensation surveys in the Middle East and globally which are arranged similar to ensure cross country comparisons. These reports cover position specific salary data (total compensation), the respective benefits and allowances as well as general information like social security and salary increases etc.
All of our reports will be published through our online compensation software CompTrack.
To view a demonstration of the CompTrack system, please click here. Below are some instructions on using the system.
Simply click “Enter CompTrack (Without Login)”. In the Demo version you will find Data from 2007:
General Industry > Middle East & Africa > UAE> Country Report
The black coloured positions which are AD1140 Secretary, FI000 Head of Finance and MK1540 Product Marketing Executive contains actual data.
Further to our general industry surveys we offer sector specific compensation reports which include specific jobs and roles tailored to the related industry such as:
Please find below a presentation containing further information on Watson Wyatt Data Services.
THE PARTICIPATION DEADLINE IS JUNE 22, 2009.
THE DATA SHOULD BE EFFECTIVE AS AT APRIL 1, 2009.
If you are interested in joining our surveys or in case of any questions please do not hesitate to contact:
Robert Richter
Compensation Consultant
Watson Wyatt Middle East
Premises No.1, 8th Floor, Block 10
Dubai International Academic City
00971 44363513 (direct)
00971 43640096 (office)
00971 501895816 (mobile)
Robert.Richter@watsonwyatt.com
www.watsonwyatt.com
Dubai, January, 2009 – By international standards, United Arab Emirates (UAE) middle managers receive a high proportion of their earnings in the form of bonuses and profit share.
These findings are part of an analysis by leading global consultants Watson Wyatt that shows the differing patterns of ‘at risk’ pay across 57 countries.
The average actual bonus and profit share as a proportion of base pay for UAE middle managers is 25 per cent, which is the seventh highest globally, according to Watson Wyatt analysis of its latest Global 50 Remuneration Planning Report.
CompTrack is the electronic reporting tool for Watson Wyatt Data Services compensation surveys and publications. It provides access to the latest compensation data and a series of international reports, covering more than 97 countries across six continents.
It allows users to travel “paper-free” and access compensation reports from any PC with Internet Connection and Internet Explorer 5.5 or above.
To learn more about CompTrack please refer to the Userguide:
Userguide (PDF)
Or enter the Demo version of CompTrack (log-in without username):
