The Survey

  Why TEC

 Comp. Edge

  Design

  Timing

  Positions

  Data Entry

  Data Output

  Survey Fees

  Downloads

  TEC Help

  Flash News

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Today's competitive Executive Compensation is no more limited to a specific country remuneration where a headquarter is established. We are competing within a global market in which Europe is one of the key players.

When it comes to Executive Compensation, Corporations need to be aware of how much an executive should be paid in Europe, not only in the country where he or she is paid from! This is the backbone of the TEC survey. No other surveys on the market will bring you such global coverage and flexibility within one product! A survey concept driven by a team of professionals that all have solid C&B corporate and consulting experiences.

 

 

                                

 

 

 

 

 

The Survey

A Compensation Survey concept developed by a team of professionals that all have solid C&B Corporate and Consulting experiences. It addresses exclusively Senior European Executive Management compensation packages.
 
Because of its distinctive design, it is a reliable source of information for Corporations to assess its senior management European compensation levels (within 20 European countries including the Czech Republic, Hungary, and Poland, as well as Russia, plus the US and Canada should you report expatriates within the survey region) as well as specific/hybrid executive positions usually not covered by conventional surveys or that are hard to match.
 
A rather unique survey design that provides competitive executive salary data throughout Europe.

 

Why TEC?

What differentiates TEC Survey from other surveys:
  • The survey focuses on senior executive positions throughout Europe with international responsibilities;
  • •It is built around a user friendly database application enabling you to model various scenarios;
  • •It focuses specifically on individual remuneration data on a global market;
  • •There is no extensive policy questionnaire to be completed;
  • •It has a "Cafeteria approach";
  • •The report is run and customized by the participant;
  • Positions can be mixed (and compared) across Europe (incl. Russia, US and Canada) as we provide a Country Salary Coefficient (CSC) factor within the TEC application;
  • Executive compensation can be calculated within 23 countries mostly in Europe including the US and Canada;
  • Unique positions (usually not covered in any surveys) can be simulated through the application using the TEC built-in position evaluation module.
  • The job matching is a breeze and for participants using HAY, Mercer or Towers Watson job evaluation systems, they can bypass the survey job matching process by reporting directly their scores. These will be correlated automatically within the survey job matching system which is a great time saving process!
  • The survey output reports can, by a click of a mouse produce results based on you current job evaluation system (i.e. HAY, Mercer, and Towers Watson);
  • If you have no job evaluation system in place, the survey will help you define internal grades as well as a great correlation with the other existing job evaluation system as cited above.

Our Competitive Edge

We have a long experience in surveys, either as users (Towers Watson , Hewitt, Hay, Mercer, and Western Management surveys) or as previous consultant with Towers Perrin, Mercer and MCS.

As a result, we truly understand what the customer is looking for!  We believe that the TEC survey and the way it is designed will fill a gap that currently exists today in European Executive Compensation.

Due to the way we are structured, the overall TEC design and process are performed by experienced and dedicated compensation consultants. No work is, or will be, delegated to junior staff. This ensures the utmost quality of the output.

Survey Design

Some of the features of this survey are quite unique and are structured as follows:
  • •15 top benchmark positions within six regional/divisional levels for a reported entity (up to a total of 75 positions throughout Europe, from Corporate down to Area levels;
  • •Cash compensation is the driver;
  • •Data security is ensured through a multi password process. In addition survey results on the website cannot be read without the initial application which resides at the participant's site location;
  • •Beside the job code to identify the position to be reported, each job has to be individually assessed through a position evaluation process which is integrated into the TEC program survey;
  • •As the survey covers positions within multiple countries, the Country Salary Coefficient (with preset values that can be modified by the participant) will be provided for each country to enable cross-European job analysis.

One of the unique features of the TEC survey is the possibility for the participants to make their own customized reports, comparing any executive jobs in their organization with the surveyed positions (by combining one or more positions).

In addition, they have the option to select specific industry sectors, the companies reported data by geography (within one country, or multi-countries) as well as the revenue dimension.

With the country selection, you can define the different pay values of executives in any of the countries covered by the survey. This can also be used for evaluating expatriate transfer salaries.

See below some examples of data mix queries:

Job Matching

Another key feature, is the possibility to assess the value of any executive profiles by using the job matching program built-in the TEC program. It will deliver a point value for any jobs you will enter into the system (whether or not the position is listed in the survey). The program gives you the opportunity to store in the program your own specific positions.

This point value results from the job matching process which is part of the database questionnaire. It is structured around a multiple choice questionnaire. In order to optimize the value of the survey, the time to be devoted to the job matching is critical.

The evaluation table is built around six main factors and is the heart of the survey.

A. Qualification

B. Communication

C. Organizational Resources

D. Organizational Effectiveness

E. Leadership

F. Challenge

Each factor has a number of corresponding sub-factors with multiple choice questions to be entered.

Should the user not be in possession of the position evaluation questionnaire (which can be printed from the application), he/she can click on the heading of the factor or sub-factor to get the relevant question and response definitions, as the questionnaire is built-in the program.

For more detailed information about the job matching engine, go to the additional template screens that can be found on the full evaluation demo program (Netcomp) on which the job matching of the TEC survey has been based on! For participant that uses the full Netcomp version of job evaluation, the TEC survey can be linked directly to the job evaluation application!

Again, for participants currently using Hay, Mercer, or Watson Wyatt job evaluation systems, there will be no need (except some financial and people management questions) to go through the job matching exercise!

Timing

The survey questionnaire is expected to be completed by the participants no later than end of April for publication in late July.
 

Positions covered by the TEC survey:

 

 

Survey Dashboard

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The below screen helps you to download the data entered in the TEC program as well as uploading data from an Excel spreadsheet.

This should enable you to transfer data from your favorite HRIS system (e.g. PeopleSoft, SAP, Oracle...)

DATA ENTRY SCREEN

The below table illustrates the basic survey data entry screen that has to be completed for each position by the participant. The access to the survey results could be

limited to the group level(s) should a participant reported fewer positions. However, the point value is still calculated on the overall positions across all group levels

for the selected drawdown report.

USING THE BUILT-IN  TEC JOB MATCHING

 

 

Again the job matching process as well as the output report produce evaluation points with automatic links to Hay, Watson Wyatt and Mercer evaluation levels/points.

With this approach, participants using the latter systems will not have to go to a lengthy job matching process. The will just report basic data on financial and

hr resources (section C - see below).

USING THE HAY JOB MATCHING (similar approaches for Mercer and Towers Watson)

RESULT OUTPUT SCREEN

To get more screen views of the questionnaire, either download the Questionnaire application below or go to the TEC Help menu

Survey Fees for 2011

Hewlett Packard and Philip Morris have been co-sponsored the launch of the TEC survey in 2005 and 2006. As the survey is running now on its own, the annual participation fees has been fixed to € 995.- .

Add a 8.0% VAT for companies invoiced within Switzerland

TEC 2011 Questionnaire download  (version 2.5)                                                              Register

The questionnaire will be on line by early March (you will be informed by email once available for download)

Program Questionnaire

IMPORTANT :

If you want to test this application, the download can be used as a demo and therefore doesn't need a registration from TymWork. However, the application will run for a limited period (30 days) and some of the functionalities of the program will not be activated.

 

Should you decide later on to proceed with the TEC survey, go to the registration button and complete the form to confirm your participation to the TEC 2011 Survey. We will email you a registration number that will give you the full access to the questionnaire. All your data entered on the demo version will automatically be recovered on the full version even if your demo version shutdowns after the 30 days trial period.

Installation Instructions

A window will be prompted asking you if you would like to open the file or save it to your computer! Select "Open". A password will be requested, enter "montana".

Once the questionnaire is downloaded, the questionnaire file can be located in: C:\Program files\TEC Questionnaire 011

A shortcut (TEC Quest 011) will automatically be created on your desktop.

The operating system should at least be Windows XP.

Make sure that the questionnaire file remains in its initial directory and that the file name be not altered. This is important as the results of the survey will use the same process and will look up for this folder when downloaded.

If whatever reasons you cannot download the questionnaire on-line, please contact us to get the questionnaire on a CD Rom via regular mail. Please make sure to indicate on the email your full postal address!

Account Name and Password

To enter the questionnaire a user name and password (cap sensitive) are required :

Account Name : user

Password :        montana

Completion Deadline

Once you have confirmed your participation to the survey, you will be provided with a registration number to access to the full questionnaire. The transfer of your input will be automatically forwarded to us (through an email attachment) by pressing the send button on the main application screen.

Questions & Answers

Q. How do I install the questionnaire on my computer?

A. When you will click on the above icon, you will be asked whether you want to open the file or save it to your computer! Select "Open" and follow the instructions. Once downloaded, the survey icon TEC will appear on your desktop screen. Click on it to start the program!

Q. The questionnaire shortcut is not visible. How do I open the application?

A. If the shortcut is not visible on your desktop, you might be using a windows version older than Win 2000 and/or your operating system is not in English. To remedy to this problem, start the program directly by selecting  C:\Program files\TEC Questionnaire_011\TEC Questionnaire 2011.exe

    or

    as the shortcut should be residing in : C:\Documents and Settings\All Users\Desktop, you can drag it manually out from the folder onto your desktop!

    or

    create your own shortcut!

Q. How do I complete the questionnaire?

A. An interactive help screen is accessible directly from the TEC questionnaire application.

Q. How do I sent it back when completed?

A. Once you've completed the questionnaire, you come back to the main application screen. You will see on the bottom center part of your screen a button  By clicking on it, you will be asked if you want to send your data! Select Send and it will automatically create an email to the attention of TymWork with you inputs. Make sure that you are on line (internet or cpy intranet as well as your Outlook on) as your email program will be solicited to perform this action. Once the email shows up on your screen, send it!

Q. It seems that no automatic email is being created to forward my inputs?

A. Should, for whatever reasons, the automatic email does not work (could be some issues with lower versions of Windows XP or Outlook Express and Lotus Notes), your inputs to be transferred to TymWork can be located in C:\Program files\TEC Questionnaire_011\Xport.tec. Just create a new email with your mail program to the attention of surveys@tymwork.com with the attachment Xport.tec.

Q. How do I save my work?

A. Your input is automatically saved as you work on the questionnaire. Should you quit the application, you can re-enter the questionnaire at a later stage to come back where you left it!

Q, Can I print my work?

A. By clicking on the appropriate report print buttons you will get your data questionnaire printed for references.

    Beware that the questionnaire to be returned to TymWork is to be completed on the database and not on a hard copy!

About TymWork & Co

We are consultants focusing on human resources management based in Geneva, Switzerland, providing international expertise within EMEA. We have a proven track record since 1999 in delivering quality data, complete confidentiality and discretion, and an impartial, objective comprehensive market study. Should you have any further questions on any other consulting activities carried out by TymWork & Co, please do not hesitate to contact us at:

            info@tymwork.com

            tel :+41 78 630 7884

Home                fax:+41 22 735 8889