Flash News
June 22, 2009
The TEC 2009 suryey questionnaire is online. Completion deadline is mid-September 2009. The program has been greatly improved for downloading data and the job matching exercise simplified for current Hay, Mercer, Watson Wyatt users. Also new countries (Czech Republic, Hungary, Poland, and Russia) have been added as more and more regional executives are based in these countries.
March 6, 2009
The TEC 2009 survey will be launched shortly. Some major improvements regarding upload and download have been made which should improve the inputting of participant's data.
December 1, 2006
The TEC 2006 survey results are now available and
downloadable at the following address :
http://www.tymwork.com/Survey/TEC06results.htm
TEC 2006 participants (26) :
Alcatel (Corporate)
British Petroleum (Corporate)
Brocade (EU HQs)
Bünge (EU HQs)
Cargill (EU HQs)
Ebay (EU HQs)
Edwards Lifesciences (EU HQs)
Hewlett Packard (EU HQs)
Hilti (Corporate)
Ingram Micro (EU HQs)
Ipsen (Corporate)
Johnson & Johnson (EU HQs)
Kraft Europe (EU HQs)
Masterfoods Europe (EU HQs)
Nokia (Corporate)
Novalis (EU HQs)
Novartis Consumer Health (Corporate)
Orange (Corporate)
Philip Morris Int'l (Corporate)
Serono (Corporate)
SICPA (Corporate)
SITA (Corporate)
Swiss Re (Corporate)
Temenos (Corporate)
Tetra pak (Corporate)
TNT (Corporate)
Regarding the companies which have missed the deadline, we will try to get them included in the 2007 survey edition
Firmenich (Corporate)
Barclay's bank (Corporate)
Getronics (Corporate)
Medtronic (EU HQs)
Procter & Gamble(EU HQs)
Overall, more than 900 incumbents have been reported to the survey (50% more incumbents reported compared to 2005). We will continue our active marketing of the TEC survey in 2007 to increase the participation rate in order to offer our clients a solid multi-countries, multi-sectors executive database.
May 30, 2006
One week after the marketing campaign, Barclays Bank confirmed their participation for 2006, and Shell as well as TNT have shown strong interest. We are currently working on the companies which missed the last year deadline (Firmenich, Getronic, Microsoft, ST Electronics and Symantec) and they should normally be part of the 2006 edition.
May 10, 2006
In the meantime, we have worked on the software to improve some functionalities. One of the major improvement, beside fixing some minor bugs, is the possibility for participants using Hay, Mercer or Watson Wyatt job evaluation systems to report their current evaluation scores which considerably simplifies the job matching process. The TEC program now integrates this option and also gives the possibility to participants to get output report with the choice of job matching points (i.e. TEC, HAY, Mercer or Watson Wyatt scores).
A word of warning: the TEC software has no intent to replace any evaluation systems cited above, but just merely give the participants some correlation of TEC job matching points vis-à-vis the other existing well established evaluation systems!
November 29, 2005
The TEC 2005 survey results are now available and
downloadable at the following address :
http://www.tymwork.com/Survey/TEC05results.htm
TEC 2005 participants (23) :
Alcatel
(Corporate)
BP (Corporate)
Brocade (EU HQs)
Bünge (EU HQs)
Cargill (EU HQs)
ebay (EU HQs)
Edwards Lifesciences (EU HQs)
Hewlett Packard (EU HQs)
Hilti (Corporate)
Ingram Micro (EU HQs)
Ipsen (Corporate)
Kraft Europe (EU HQs)
Masterfoods Europe (EU HQs)
Nokia (Corporate)
Novartis Consumer Health (Corporate)
Orange (Corporate)
Philip Morris Int'l (Corporate)
Serono (Corporate)
SICPA (Corporate)
SITA (Corporate)
Swiss Re (Corporate)
Temenos (Corporate)
Tetra pak (Corporate)
Regarding the companies which have missed the deadline, we will try to get
them included in the 2006 survey edition
Firmenich
(Corporate)
Getronics (Corporate)
Microsoft (EU HQs)
ST Electronic (Corporate)
Symantec (EU HQs)
Last minutes dropouts:
SAS
software (EU HQs)
Columbia Sportsware (EU HQs)
Ralph Lauren (EU HQs)
Overall, more than 600 incumbents have been reported to the survey. We will
continue our active marketing of the TEC survey in 2006 to increase the
participation rate in order to offer our clients a solid multi-countries,
multi-sectors executive database.
Next TEC publication expected for mid-year 2006 where participants will be
asked to update their data should any salary increases being planned until
June 2006 inclusive. Also, as it is the first edition of the TEC
survey, and now that participants have access to the results, it would be
wise to review carefully the job matching to ensure that the reported
positions have not been over or under evaluated. We have spend a lot of time
doing some data cleaning as well as to review some of the evaluation and we
would appreciate if you could validate them for the next release.
April 4, 2005
The survey marketing has been launched.
November 24, 2004
Hewlett Packard and Philip Morris International will be the sponsors of the 2005 edition. As as result, and as previously said, the cost of the survey for 2005 will be reduced to € 1'000.-. As far as the timing is concerned, the participants data will have to be returned by the end of June 2005, and the results will be expected by mid to end of September.
November 2, 2004
In order to optimize the quality of the survey and due to some recent strategic alliances, we have decided to postpone this project to next spring 2005. In the meantime we have teamed-up with additional geographical partners and are negotiating with Hewlett Packard, Serono and Philip Morris to co-sponsor our survey. As a result of this corporate support, we should enjoy a far better market visibility (within the High Tech, Pharma and Consumer Goods sectors), and last but not least, should come-up with an attractive participation fee for 2005 of € 1'000.- (in lieu of the initial € 2'850.-).
July 16, 2004
This news board will be updated on a quarterly basis to give you the latest info about the survey development, e.g. new participants that joined the survey, updated database due to focal point review of participating companies within specific periods of the year, new program functionalities, participant requests and eventually create a discussion forum if needed.
The TEC Survey is a dynamic project giving you the latest trends in top executive compensation. Our main objective is to optimize your investment, time and money wise, by delivering you a top quality product.