Sponsored by
REMUNERATION SURVEY NIGERIA - 2005
Market Environment
Nigeria’s highly volatile economic environment creates a major need for accurate and relevant information. Compensation data covering the remuneration of company staff is essential in these high inflationary times to be able to retain key employees and reduce the costs associated with high turnover. Compensation data is essential to companies: just as important is critical information on market movement of functions and key positions and developments in the Nigerian's compensation market.
Over the past 5 years major changes have occurred in the development of fringe benefits offered by companies to their staff - both managerial and non-managerial. Companies have also become more advanced, sophisticated and focused in their remuneration strategies as they are a large cost component of every company which needs to be carefully managed and controlled.
About the Survey
The survey provides :
- Compensation practices & policies
- Benefits in kind
- Major medical schemes and Pension Plans
- Salary analysis
- Incentive payout analysis - both short and long term
- Total cash compensation analysis
- Individual data calculations compared with the market
- Raw data information representing all company inputs
- Benchmark position descriptions
- Survey methodology
Benefits information includes car, major medical, pension, vacation policy, incentive remuneration practices and data on cost of living and merit increases.
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:
tel : +41 79 693 1211
fax : +41 22 735 8889
