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inTouch predictive salary analytics


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inTouch predictive salary analytics

  1. 1. inTouch Salary AnalyticsLinking Pay to Performance, Skills & Longevity<br />Case: One of India’s largest & pioneering contract staffing companies<br />
  2. 2. our HR analytic solution portfolio<br />Salary Analytics: Case - Contract Staffing<br />2<br />7/23/2010<br />
  3. 3. salary analytics: the business case<br />Business<br />Employees<br /><ul><li> rationalize salary spend
  4. 4. pay for performance
  5. 5. reduce employee costs as% of total costs
  6. 6. get paid for worth (qualification,internal / external market rates)
  7. 7. get rewarded for performance, loyalty</li></ul>Compensation Managers<br /><ul><li> invest in the right capabilities
  8. 8. pay right & retain valuable talent
  9. 9. demonstrate a return on the investment</li></ul>Salary Analytics: Case - Contract Staffing<br />3<br />7/23/2010<br />
  10. 10. value proposition<br />Salary Analytics: Case - Contract Staffing<br />4<br />7/23/2010<br />
  11. 11. salary analytic solution set<br />Salary Analytics: Case - Contract Staffing<br />5<br />7/23/2010<br />
  12. 12. contract staffing solution features<br />salaries for profilesyou want<br />benchmark and / or compute salaries for virtually any profile<br />salaries fornew profiles+<br />create new (optionally blended) jobs based on desired skills<br />Optimizeskills &longevity<br />pay for skills and estimate costs over the candidate’s lifetime<br />Salary Analytics: Case - Contract Staffing<br />6<br />7/23/2010<br />
  13. 13. contract staffing solution features<br />Createhiring plans<br />- salary budgeting (including Y-o-Y adjustments)<br />- optimize for skills & salary<br /><ul><li> industry and company-size specs</li></ul>Add decision layers <br />- estimate lifetime cost<br />- skill models based on assessments <br /><ul><li> cross-industry look-up (source skills at least cost)
  14. 14. cost differential for relocation (home location or away?)
  15. 15. cost differential for experience (can I do with lower experience levels?)</li></ul>beyond compensation<br />- Workforce composition (right blend of perm and temp staffing)<br />- Performance management (performance metrics, measurement templates, value, attrition and rewards)<br />Salary Analytics: Case - Contract Staffing<br />7<br />7/23/2010<br />
  16. 16. application areas<br />Salary Analytics: Case - Contract Staffing<br />8<br />7/23/2010<br />
  17. 17. a unique solution for the client<br />Salary Analytics: Case - Contract Staffing<br />9<br />7/23/2010<br />
  18. 18. client benefits<br />Salary Analytics: Case - Contract Staffing<br />10<br />7/23/2010<br />
  19. 19. Call/Mail for Clarifications:<br />Arun PrabhuinTouch analytics private limitedemail: arun@be-in-touch.comPhone: +91-80-4120 3972Mobile: +91-96202 71950<br />Thank you!<br />7/23/2010<br />