Aon Hewitt Performance, Reward & Talent. Corporate IT. Remuneration Report (Australia) Information pack Risk. Reinsurance. Human Resources.

Transcription

1 Aon Hewitt Performance, Reward & Talent Corporate IT Remuneration Report (Australia) Information pack 2015 Risk. Reinsurance. Human Resources.

2 Data in this report covers 177 positions from 104 organisations Corporate IT Remuneration Report 2015 This remuneration report was established in 1987 and represents Australia s premier source of remuneration information for IT professionals working within large corporations, covering a broad range of IT specific technical roles. Aon Hewitt is calling for subscriptions to join the leading remuneration report for IT professionals across all industries Results are based on the salaries and benefits information of over 27,000 individual employees, from 104 organisations across a broad range of industries. Comprehensive remuneration and benefits tables are published for 177 separate positions. Participants in the November 2015 remuneration report included: Commonwealth Bank of Australia Coca-Cola Amatil (Australia) Pty Ltd Deloitte Foxtel Lend Lease Management Services Nestle Australia Ltd Telstra Corporation University of New South Wales This report is produced on a biannual basis in April and November each year. 2

3 Why participate in an Aon Hewitt remuneration report? As an Aon Hewitt remuneration report participant you have access to the very latest market data to ensure informed salary decisions within your organisation. Along with Aon Hewitt s high level of client service, your remuneration report subscription includes: Online remuneration data through Data Centre that can be filtered according to your needs. With enhanced data visualisation, individual report dashboards and real-time polling and updates, Aon Hewitt s Data Centre is at the forefront of online remuneration analytics. Comprehensive coverage with data on all major elements of the remuneration package; salary, benefits and both short and long-term incentives. Historical coverage of actual salary movements, as well as forecasts for the coming year. Online access to remuneration reports from the past five years. Career level data that provides separate remuneration tables for each job family, which can be used to enhance job matching, or as an alternative source of data for non-standard positions. Staying informed of market movements is critical to ensure your reward strategies are meeting your business needs whilst minimising costs. The money spent on a remuneration report subscription can be made back many times over in savings through optimising total reward spend and retaining key talent. Attendance at remuneration forums, complimentary events that provide a chance to discuss and critically evaluate data findings and market trends and network with industry peers. Easy access to relevant economic indicators via Data Centre. Invitation to participate in the annual Policy and Practice Report that provides access to quantitative and qualitative information which supports the review and design of total reward programs. From year to year we see many variations in the way organisations reward their employees. Some positions begin attracting a significantly higher rate of pay whilst others drop, as supply and demand for various skill-sets shift and change. As circumstances change organisations adjust their reward packages to get the most out of limited salary budgets. 3

4 Job families surveyed Job family: Senior IT Management Chief Information Officer IT General Management Applications Services Infrastructure Architecture IT Outsourcing Security/Risk IT Projects Job family: Project Management Project Management - General Project Management - IT Applications Project Management - IT Infrastructure Project Management Office Project Management - Resources Job family: Architecture General Architecture Solutions Architecture Enterprise Architecture Business Solutions Architecture Infrastructure Architecture IT Security Datawarehousing/Business Intelligence Job family: Applications Services Systems Analysis Applications Development Java/J2EE Programmers SQL/Oracle Programmers Lotus Notes Programmers.NET Programmers Peoplesoft Programmers Test Analysis Technical Writing Datawarehousing/Business Intelligence Database Administration Digital/Online Mobile Applications DevOps Job family: Infrastructure IT Operations Management Systems Programming Network Engineering Voice Communications Testing Microsoft Systems Administration Systems Administration Unix Systems Administration Job family: IT Risk and Security IT Risk Management IT Security Cybercrime Investigations Job family: SAP SAP Project Management SAP Programmers SAP Solution Architects SAP Application Specialists SAP Integration Specialists SAP Business Analysts SAP Basis Administration SAP Consulting Job family: Operations Computer Operations Computer Operations Support Job family: IT Support Management Desktop Support Advanced Helpdesk Support Helpdesk IT Training Quality Assurance Job family: Professional Services Business Analysis IT Relationship Management IT Incident/Problem Management Supplier/Contracts Management Job family: Other Specialists Configuration Change Control Graduates Facilities Management IT Asset Management For detailed descriptions of all positions surveyed, and participating organisations please visit our website: (aonhewitt.com.au/home/resources/reports-and-research/australian-corporate-it-rem-report) 4

5 Single Data Capture Submit your data once per year, at a time that suits you. At Aon Hewitt, we know submitting remuneration data takes time, especially if you participate in multiple remuneration reports. So to make things easier, we utilise a single data capture document regardless of the survey you subscribe to. We also allow you to elect the time of year to complete your submission*. One data submission per year saving you time Flexible data submission dates select the timeframe that suits you Position matching matrices to make job matching easier. * As most Aon Hewitt reports are participant only, data submission may be required pre-survey release to begin your first subscription. Data submission The provision on your organisation s remuneration data is a condition of participation in Aon Hewitt remuneration reports. This ensures the veracity of the data provided in the remuneration report. Our customised data input software Rapid Rem makes submitting remuneration data a simple process. Aon Hewitt also provides participants the support of a dedicated remuneration analyst, who can assist with submitting your data and interpreting the report results. 5

6 Sample position description Position title IT Security Consultant Position code Aon.ITC Career level 3 Responsible for Advising business and IT units in all facets of Information Security, so as to facilitate compliance with the organisation s information security policy, business requirements and risk position Reports to IT Security Manager Supervises No supervisory responsibilities Main activities Implementing security technologies under the direction of the IT Security Manager Assisting with identification of security requirements for new applications and other software products Evaluating and making recommendations on new security products, and advising on implementation into existing environments without interruption to services Liaising with other business units in the identification of controls and preparation of reports to management on security incidents Assisting with development, deployment and maintenance of security policies, procedures, standards and strategies. Assisting with development of security tools (where required) to provide customised security solutions Assisting with security awareness training programs Investigating, responding to, and reporting on, security incidents as directed Identifying business risks/vulnerabilities and suggesting enhancements to existing security products Monitoring emerging security technologies, issues and directions Key skills Broad knowledge of Information Security principles and practices Broad understanding of IT Security principles associated with networks, internet, , operating systems, firewalls, VPN s, databases, virus management, intrusion detection, cryptography and e-commerce, with a deeper specialisation in at least two of these fields Specialised knowledge in the areas of IS Governance, Risk Management or Technical Services Good interpersonal and consultative skills Good project, analysis, problem solving, and business relationship skills Internal contacts Applications, Infrastructure, IT Support, Users External contacts Security Vendors, Hardware/Software Vendors, security peers in other organisations, external auditors, professional associations Typical experience At least 3-5 years of IT experience, with previous relevant experience in an Information Security, Information Technology, Risk Management, Audit or equivalent role, coupled with relevant formal education or certification 6

7 Remuneration data Position title IT Security Consultant Position code Aon.ITC No. of Incumbents 135 Career level 3 No. of organisations 28 Percentiles Remuneration Component % Rec Average % of FR 25th 50th 75th Taxable Base Salary (TBS)* 100% 93,288 90% 80,083 93, ,884 Nominal Base Salary (NBS) 100% 93,288 90% 80,083 93, ,884 Company superannuation 100% 9,491 9% 8,001 9,196 10,317 Annual leave loading 39% 966 1% 831 1,045 1,173 Car allowance 2% Company car/novated lease Health insurance 4% 6,147 6% 6,598 7,390 7,390 Other benefits /other cash 8% 478 0% Total Benefits 100% 10,490 10% 8,488 9,543 10,633 Fixed Remuneration (FR) 100% 103, % 89, , ,866 Target incentive 46% 7,950 8% 5,207 7,050 8,634 Target commission Target Short-term Incentive 46% 7,950 8% 5,207 7,050 8,634 Target Annual Remuneration (TAR) 100% 107, % 91, , ,966 Long-term incentive 1% Target Total Remuneration (TTR) 100% 107, % 91, , ,966 Additional Payments Overtime 3% On-call/standby allowance 4% 9,425 9% 4,885 10,780 13,740 Shift allowance SAMPLE DATA ONLY Total Employment Cost 100% 107, % 92, , ,284 Actual Remuneration for comparison Actual incentive 59% 8,122 8% 3,825 6,152 11,144 Actual commission Actual ad-hoc bonus 16% 5,004 5% 2,325 4,380 6,442 Actual Short-term incentive 73% 7,619 7% 3,285 5,601 9,997 Actual Annual Remuneration (AAR) 100% 109, % 92, , ,454 Please refer to Data Centre for statistics on the following: Industry No. of Inc s No. of Org s Engineering/Resources 1 1 Financial and Insurance IT & Telecommunications 21 2 Professional Services 3 3 Property/Construction 1 1 Scientific and Technical 1 1 Transport/Logistics 8 2 Other 2 1 State No. of Inc s No. of Org s New South Wales Victoria 44 9 Queensland 7 3 Western Australia 15 2 South Australia 0 0 Australian Capital Territory 1 1 Tasmania 0 0 Northern Territory 0 0

8 About Aon Hewitt s Reward practice Aon Hewitt provides expert advice and innovative solutions to assist organisations with all areas of remuneration management. With a reputation for excellence and integrity, we are the primary source of remuneration information and advice for entire industries, as well as individual organisations of all sizes. Our clients Over eight hundred organisations throughout Australasia and across various industry sectors use Aon Hewitt s products and services, ranging from small to large local firms through to the largest multinationals. Our people Aon Hewitt is a team of knowledgeable, experienced, passionate, creative and energetic people who thrive on exceeding client expectations, providing expert advice to organisations, and leading the market in the design and development of innovative remuneration solutions, products, training and technology. 8

9 Our technology The Aon Hewitt Data Centre is an innovative, intuitive platform allowing you to access exactly the data you need quickly and easily, on your PC or mobile device. Data Centre provides remuneration report data visualisation, individual dashboards, position description matrix views and real-time polling and updates. In addition, functionality includes: Advanced filtering: enables you to filter data by multiple options including organisation size (headcount/turnover), industry and/or geography. Peer cut: enables you to filter data by a select group of report participants to ensure alignment in a competitive talent market. Compa-ratio reports: enables you to review how your employees compare to market data. We pride ourselves on outstanding customer service and our ability to tailor solutions that are aligned to your remuneration needs and contribute to the success of your business. Age data: enables you to age the data to ensure you are future proofing projected remuneration movement in the near future. Create custom position(s): enables you to combine multiple roles where there is no current market data for hybrid/mixed positions. 9

10 Our services Remuneration consulting services Remuneration and benefits strategy design Remuneration structures/systems Policy development and review Job analysis Position description writing Remuneration benchmarking Customised market surveys Job pricing Performance pay plan design and review Salary budget planning and reviewing the remuneration environment Salary review assistance Remuneration outsourcing Employee opinion surveys Survey services Industry-specific and general industry salaries and benefits surveys Customised salary surveys tailored to individual organisations needs HR benchmarking and remuneration policy and practice survey reports Access to international market data Survey forums Training services Public training seminars ranging from a basic introduction to remuneration through to advanced remuneration theory and practice topics Customised in-house remuneration training, designed to meet specific organisational requirements and conducted on client premises Access to comprehensive HR reference manuals Remuneration mentoring Executive remuneration services Executive benchmarking Long and short term incentive design Providing remuneration advice and recommendations to Boards of Directors For further information regarding the Corporate IT Remuneration Report, or to participate, please contact: Wan Wisani t e wan.wisani@aonhewitt.com

11 Contacts For further information regarding this remuneration report, please contact Wan Wisani directly: t e wan.wisani@aonhewitt.com Sydney Level 33, Aon Tower 201 Kent Street Sydney NSW 2000 t f Melbourne Level 51, 80 Collins Street Melbourne Vic 3000 t f Brisbane Level 2, 175 Eagle Street Brisbane Qld 4000 t f Perth Level 7, 28 The Esplanade Perth WA 6000 t f About Aon Hewitt Part of Aon plc, Aon Hewitt is the global leader in human resource consulting and outsourcing solutions. Our services focus on helping organisations mitigate risk in their workforce and realise the untapped potential of their employees. We also help individuals maximise their wealth to enable people to live the life they want. In Australia, our team of experts partner with your organisation to develop and deliver people strategies that achieve positive business outcomes in the areas of: superannuation and retirement; financial advice; workers compensation; work, health and safety; workforce risk solutions; employee benefits; talent, leadership and employee engagement; remuneration and incentives; total rewards; actuarial services; and mergers and acquisitions. With more than 30,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. Aon Hewitt is the global talent, retirement and health solutions business of Aon plc. For more information on Aon Hewitt, please visit aonhewitt.com.au.

12 About Aon Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world s best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon s global partnership and shirt sponsorship with Manchester United Aon Hewitt Limited Terms and conditions Please note: Aon Hewitt is still trading as Hewitt Associates in Australia. Hewitt Associates reports of salary and benefits are produced and issued under the following conditions. Confidential and copyright Hewitt Associates Remuneration Reports are confidential and copyright. Contributors may only use the reports within their own organisations and are not to convey the contents to any third parties. Contributors may not photocopy or reproduce by any other method, the contents of the reports extra copies may be purchased at nominal extra copy cost rates. Hewitt Associates Remuneration Reports are contributor only reports. Contributors are required to supply accurate salaries and benefits data by the due dates which are outlined in our annual planners. Disclaimer/limitation of liability This Remuneration Report is designed to provide a summary of pay rates as at the date of publication. The report does not purport to be conclusive or to provide specific guidelines. No responsibility can be accepted by Hewitt Associates for loss occasioned to any person acting or refraining from acting as a result of any statement in this publication. This Remuneration Report has been produced using contributors data that, to the best of Hewitt Associates knowledge, was current and correct at the time of publication. Whilst considerable lengths have been taken to verify all contributors data, Hewitt Associates gives no guarantee as to the accuracy or validity of the information contained herein, nor its applicability to any specific circumstances. The Remuneration Report is intended as a guide only and Hewitt Associates will not be liable to any person for any claim or loss as a result of any actual or perceived inaccuracy contained in the report. Hewitt Associates privacy policy Hewitt Associates has had a long standing commitment to respecting the privacy of the information entrusted to it by clients and others. This commitment has ensured the ongoing success of our business and our clients ongoing support of our products and services. Our formal Privacy Policy document explains Hewitt Associates commitment to comply with the Privacy Act 1988 (Cth) and how we collect, use, disclose and protect the information we collect from our clients. To view this policy document, please go to our website aonhewitt.com.au for further information. A0283_1039D C aonhewitt.com.au Risk. Reinsurance. Human Resources.