www.pwc.com.al
PwC’s PayWell Salary
and Benefits Survey
Albania
PwC’s PayWell Salary and Benefits Survey
Albania
The following presentation
provides detailed information
regarding:
About Paywell survey
Survey methodology
Survey report content
PayWell Albania 2014 – Your
involvement
2
PayWell Albania
Salary and benefits survey
Why choose PayWell Albania
• most detailed view of market salary statistics of individual positions
• interactive tool allowing you to compare your salary levels with the selected
market sample
• detailed job catalogues providing benchmark job descriptions for 800
positions
• detailed employee benefit cost provided for individual positions
• detailed summary of typical market remuneration and employee benefit
policies
• local PwC consultations available to help during job matching phase and
output interpretations
• data confidentiality procedures making sure your inputs are protected
• internationally recognized methodology successfully implemented in several
countries across CEE region
PwC
Slide 4
PayWell
Survey methodology
Survey methodology
PayWell survey is based on job matching methodology, integrating :
• Benchmark jobs catalogues of more than 800 standard jobs
Benchmark jobs catalogues are the result of 15 years of close interaction with
our clients. Each year we improve our data based on market trends and client
feedbacks. The benchmark jobs catalogues for Albania PayWell survey include:
o
Core / General jobs, common to all industries (211 jobs);
o
Sector specific jobs: banking sector (370 jobs), IT (44 jobs),
manufacturing (61 jobs), pharmaceuticals (49 jobs), retail (45 jobs),
leasing (10 jobs), and Outsourcing & Shared service centres (14 jobs)
• Correspondence between PwC catalogue jobs and jobs within participating
companies, through one-to-one meetings.
PwC
Slide 6
Survey methodology: Confidentiality & Accuracy
of data
•
•
Internal:
• data coding
• limiting the number of consultants on the project
External:
• one to one data collection meetings
• individual data validation based on internal equity controls and external
competitiveness
Data protection measures
making sure that the information
provided by the individual
respondents is not identifiable and
validity of outputs is secured.
PwC
Slide 7
PayWell
Report content
PayWell Survey
Report content: Compensation data
The report presents statistics for the analysed jobs,
in the following format:

Mean, median, lower and upper quartiles, 10
and 90 percentiles for the following values:
J17
Accountant
Statistics
Monthly
base pay
Annual
guaranteed cash
Annual
v ariable pay
Variable pay
(pay out) %
Variable pay
(target) %
T otal annual cash
•
Monthly gross base pay;
Statistics
Benefits v alue per y ear
Car v alue
•
•
Annual guaranteed cash (i.e. monthly
salary x 12 + fixed bonuses);
Annual variable pay (performance bonuses
and/or sales commissions);
Count
Percentile 1 0
Percentile 25
Av erage
Median
Percentile 7 5
649 / 102
2,300
2,7 02
3,503
3,346
4,1 94
4,854
34 / 6
28,41 6
33,900
43,387
41 ,084
51 ,936
60,359
0
0
3,349
2,488
4,453
7 ,1 24
349 / 55
0.00%
0.00%
7 .05%
6.20%
9.01 %
1 5.23%
158 / 34
6.1 9%
8.00%
1 2.39%
1 0.42%
1 2.7 5%
1 8.87 %
349 / 55
29,283
34,800
45,1 01
42,27 6
53,595
64,659
Count
Percentile 25
Av erage
Median
Percentile 7 5
564 / 86
2,1 1 0
2,97 0
2,640
3,456
15 / 4
-
-
-
-
Count
Percentile 25
Av erage
Median
Monthly base pay
Annual guaranteed
cash
339 / 68
3,1 55
3,893
3,800
4,450
9/3
38,7 7 4
47 ,968
46,942
55,299
Total annual cash
233 / 44
39,7 41
50,1 7 9
48,000
59,022
Monthly base pay
Annual guaranteed
cash
1 81 / 34
2,37 8
3,066
2,900
3,57 7
17 / 3
30,61 2
38,561
36,250
46,1 91
Total annual cash
80 / 1 3
30,624
39,698
37 ,020
46,331
Monthly base pay
Annual guaranteed
cash
35 / 4
2,332
2,905
2,598
3,354
-
27 ,984
35,697
31 ,897
41 ,7 50
Total annual cash
10 / 3
27 ,984
36,990
32,441
43,550
Monthly base pay
Annual guaranteed
cash
94 / 1 5
2,27 1
2,658
2,681
3,01 3
8/1
27 ,87 7
32,938
32,87 4
37 ,1 1 6
Total annual cash
26 / 5
28,908
33,388
33,399
37 ,1 1 6
Count
Percentile 25
Av erage
Median
Percentile 7 5
Statistics
Bucharest
BanatTransy lv ania
Regional data



Total annual cash (monthly salary x 12
+fixed bonuses + variable bonuses).
Information on the number of job holders and
the number of companies that provide data for
each job.
Benefits value per year for each position.
Car value (total acquisition price) where
applicable.
Muntenia
Statistics
=
Monthly base pay
Annual guaranteed
cash
Total annual cash
Variation from
standard job
Percentile 90
349 / 55
Moldov a
•
Overall market
+
–
Percentile 7 5
637 / 1 00
2,7 09
3,492
3,333
4,1 88
34 / 6
33,966
43,266
41 ,058
51 ,7 56
342 / 55
34,7 1 7
44,988
42,292
53,466
Monthly base pay
Annual guaranteed
cash
7 /5
3,083
4,1 27
3,350
4,87 6
-
36,996
49,530
40,200
58,51 2
Total annual cash
4/2
36,996
49,530
40,200
58,51 2
Monthly base pay
Annual guaranteed
cash
5/4
-
2,1 1 6
2,1 1 2
-
-
-
25,865
25,656
-
Total annual cash
3/3
-
27 ,442
28,080
-
9
PayWell Survey
Report content: Analysis of compensation & benefits
policies
The report describes in detail the compensation and
benefits policies in the participating organisations, as
means, medians, and percentiles, as well as percentages
of the total. A sample of the information covered
includes:
Annual salary increase 2010
(Planned versus Performed)
5%
Salary review and adjustment policies and processes

Types and amounts of fixed bonuses and allowances
offered (13th salary, holiday bonuses)



Types and amounts of variable bonuses offered
(performance bonuses, sales commissions)
Data on probation periods, overtime, holiday, sick
leave, maternity leave policies
Types, amounts, entitlement and specifics of more
than 20 types of benefits offered
5%
Performance bonus entitlement
(% of participants)
4%
75%
2%
0%
Top Management

6%
5%
6%
Middle Management
Planned
Performed
80%
70%
60%
50%
40%
30%
20%
10%
0%
58%
Top Management
Summary of benefits offered
(% participants)
Company car
Middle Management
75%
83%
75%
Mobile phone
92%
75%
75%
Social activities
67%
67%
Subscription to private medical clinic
58%
58%
Transportation
58%
58%
Meal tickets
58%
58%
Life/ Accident Insurance
50%
50%
Special occasion gifts
42%
42%
Internet subscription
33%
Foreign languages courses
50%
33%
33%
Coffee and refreshments
25%
25%
Credit card
Overdraft
17%
17%
Stock options
17%
17%
17%
17%
Bank deposits
8%
Sport activities
Cafeteria
8%
8%
Incentive trips
8%
8%
0%
10%
17%
10
20%
30%
Top Management
40%
50%
Midle Management
60%
70%
80%
90%
100%
PayWell Survey
Report content: Data analysis tools
Enables to assess and
report the position of own
salaries against sample
statistics.
Allows the selection of a
sample of companies
based on number of
employees and turnover
Source: PayWell Albania 2012 salary and benefits survey, Data
analysis tools
PwC
Slide 11
PayWell Albania
Your involvement
Timeline and your involvement
Data collection questionnaires
Salary data collection sheet:
gathers information on: gross monthly
salary, fixed and variable annual
payouts, annual value of benefits per
job
Remuneration policies
questionnaire: gathers information on
company’s compensation policies and
on benefits granted to employees.
PwC
Slide 13
PayWell Albania team
Contact us:
Loreta Peçi, Director
e-mail: [email protected]
Phone no: +355 42 242 254
Arben Sulko, Senior Consultant
e-mail: [email protected]
Phone no: +355 69 40 21711
PwC
Slide 14
Thank you!
© 2015 PwC.All rights reserved. In this document, “PwC” refers to PwC Audit sh.p.k., which is a member firm of PricewaterhouseCoopers
International Limited, each member firm of which is a separate legal entity.