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    IAMAIIAMAIIAMAIIAMAI- -- -MAMAMAMA FOIFOIFOIFOI COMPENSATIONCOMPENSATIONCOMPENSATIONCOMPENSATION &&&& BENEFITSBENEFITSBENEFITSBENEFITS

    BENCHMARKINGBENCHMARKINGBENCHMARKINGBENCHMARKING SURVEY SURVEY SURVEY SURVEY REPORTREPORTREPORTREPORT

    FFFF OROROROR

    IIIINTERNETNTERNETNTERNETNTERNET AAAA NDNDNDND MMMM OBILEOBILEOBILEOBILE IIIINDUSTRY OFNDUSTRY OFNDUSTRY OFNDUSTRY OF IIIINDIANDIANDIANDIA

    PRESENTED BY

    MA FOI CONSULTING SOLUTIONS LIMITED

    MARCH 2010

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    CONTENTS

    1. Foreword

    2. Compensation An Overview

    3. Introduction

    4. About IAMAI

    5. About Ma Foi

    6. Industry Overview

    7. List of Positions Covered

    8. Scope of Work

    9. Assumptions and Definitions

    10. Compensation Analysis

    11. People Policies

    Annexure

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    Many organizations have experienced unprecedented staffing and compensation reductions related to cost control considerations. These challenges and

    associated opportunities had caused a heightened sense of anxiety over salary budget planning for many organizations. For most organizations, people costs

    (i.e., salaries, benefits, etc) represent one of the most significant bottom line expenses.

    Historically, only a handful of organizations (about 2 percent) report freezing salaries in a typical year. Its a good time for organizations to strengthen their HR

    systems and gear their HR strategies towards creating high performance culture.

    Organizations are planning to grant pay increases in 2010. Salary increase budgets for this year typically comprises of merit pay increases, market adjustments,

    cost of living adjustments, general increases or a combination of these increases. Most industry verticals are planning to give double digit percentages for this

    years increment.

    Companies are gradually strengthening the performance linkages in the pay increase to improve efficiency, boost productivity and effectively deploy the talent pool

    available. The efforts are geared towards aligning the compensation strategy with the improved economic scenario.

    The key to their success is to integrate the HR strategy with business strategy in todays economic scenario. Indian industry has realized the importance of

    competitive advantage. Companies have realized that to compete and sustain competitive advantage, people are paramount. Firms are seriously talking of

    developing competitive advantage by aligning people with business strategy.

    Dr. Subho RayPresidentInternet and Mobile Association of India

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    Introduction Ma Foi Consulting Solutions Limited is pleased to present to you the results of the Compensation and Benefits survey duly completed for IAMAI. IAMAI and MCSL

    had come together to do a Compensation and Benefits Benchmarking Study for the Internet and Mobile Industry in India for which the companies in this industry

    have participated.

    In this economy of new markets, leaner budgets and shrinking pools of quality talent companies are searching for ways to maximize revenue and optimize costs.

    People are the only resource to confront constant change and unforgiving competition. Employers are trying to balance workforce costs while attracting and

    retaining the right talent.

    Human resource development has become important not only from the point of view of Indian companies but also the government, which wants to market it as the

    nations competitive advantage. Paradoxically, talent of the kind many companies are looking for is not so easy to find even though India has a large trained

    manpower pool. There is a supply-demand mismatch.

    Employers are increasingly acknowledging that their pact with the employees should be mutually beneficial. So while pay levels are going up for employees,performance linked pay is becoming a significant component of the pay. There is a trend towards different rewards for high performance and acceptable

    performance.

    The purpose of the survey report is to analyse the market trends in compensation and people policies and practices among the surveyed companies. Market

    trends for the total remuneration (based on standardised Ma Foi formats) of the different positions surveyed have been analysed for different statistical brackets.

    The information is provided to help companies understand where they are vis--vis the market. The report gives market trends for the different benefits, policies,

    non-monetary rewards, and performance assessments. The report also highlights people policies mentioned by the companies surveyed in the study.

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    About IAMAIThe Internet & Mobile Association of India (IAMAI) is the premier trade association representing the online content and advertising, e-commerce and mobile

    content and advertising industry. The association addresses the issues, concerns and challenges of the Internet and Mobile economy and takes a leading role in

    its development. The Internet & Mobile Association of India (IAMAI) is a not-for-profit industry body registered under the Societies Act, 1896. Its mandate is to

    expand and enhance the online and mobile value added services sectors. It is dedicated to presenting a unified voice of the businesses it represents to the

    government, investors, consumers and other stakeholders. The associations activities include promoting the inherent strengths of the digital economy, evaluating

    and recommending standards and practices to the industry, conducting research, creating platforms for its members, communicating on behalf of the industry and

    creating a favorable business environment for the industry. The Strategic objectives of IAMAI are listed below:

    Become the primary advocate for:

    o the online content and business realization through advertising

    o e-commerce and

    o mobile content and business realization through advertising Provide a platform to discuss and evolve strategies to achieve the shared aspirations of the industry Prove and promote the effectiveness of online advertising, e-commerce and mobile advertising among advertisers, marketers and the media by building

    credibility for the medium.

    Educate the above communities about the core strengths and competencies of the Internet. Expand the breadth and depth of IAMAI membership while increasing direct value to members.

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    About Ma Foi

    Ma Foi is an international HR service provider servicing world class companies across the globe. Ma Foi which was started in 1992 has grown into a full spectrum

    HR services provider for clients worldwide. Ma Foi offers the broadest HR services portfolio ranging from Executive Search, Staffing, Consulting and Outsourcing

    to Automation and Training. The organization has built a network of offices across the country to be within reach of candidates and flex workers.

    Ma Foi continues to focus on developing customized and innovative HR services, leveraging on its unique strengths of geographical presence and end-to-end

    capability across all HR service functions. The ISO 9001:2000 certified process-driven approach, along with strong customer service has helped them to further

    their insight and knowledge and thus enhance their quality of services. Ma Foi is a global one-stop-shop to meet all HR requirements - senior-level Search,

    Database Selection, Turnkey Recruitment, Assessments and Human Resources' Consulting, Compensation Consulting and HR automation. Ma Foi offers the

    following solutions in the HR consulting domain:

    HR STRATEGY & SYSTEMS SOLUTIONS:This deals with HR systems, structures, policies and culture. Some of the major areas of our consulting are:

    HR Strategy Organization Design / Redesign and Role and Responsibilities Mapping.

    Competency Mapping and assessment Centre HR Systems Design. HR policies development and documentation

    PRODUCTIVITY SOLUTIONS

    Economic uncertainty, corporate structuring, stress levels, dissatisfaction or better financial or career growth prospects are important in todays context. Employee

    loyalty and productivity have assumed paramount significance in the business world. Ma Foi collaborates with organizations to effectively motivate, enhance

    productivity and performance and to retain employees. Ma Foi understands the clients requirements through an initial sensing and then offers appropriate

    solutions such as:

    Compensation Management Compensation and Benefits benchmarking surveys

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    Commissioned surveys Syndicated surveys Compensation Structuring / Restructuring Design of Variable Pay Systems/Sales Incentive Plans/Profit Sharing plans Job Evaluation and Broad Banding

    Retention management

    Employee Satisfaction and Engagement Surveys

    Exit Diagnostic

    PEOPLE DEVELOPMENT SOLUTIONS

    People Development Solutions team believes that training plays a significant role in the development of human resources. The company therefore provides end to

    end customized training solutions by supporting the individual members in an organization and helping them develop themselves and their teams, while fulfilling

    the organizational objectives. Apart from soft skill training programs, Ma Foi facilitators also conduct programs on Vision Mission, Goal Alignment, Organization

    culture and value system etc.

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    List of Positions covered

    Sales/Business Development1. Executive / Sr. Executive / Asst. Manager/Deputy Manager

    2. Manager / Team Leader

    3. Key Account Manager

    4. Branch / Regional / Area Manager

    5. General Manager/Deputy General Manager

    6. Head / VP / National Manager/Director

    Marketing/Advertising/Communications

    7. Executive / Sr. Executive / Asst. Manager/Deputy Manager

    8. Executive / Sr. Executive / Asst. Manager Product / Brand Management

    9. Manager / General Manager - Product/Brand Management

    10. Head Of Department Marketing

    Network/System

    11. Network/System Administrator

    12. Tech Support Engineer

    Human Resources

    13. Executive / Sr. Executive

    14. Assistant Manager / Manager 15. General Manager/Head

    Finance

    16. Executive / Sr. Executive

    17. Assistant Manager / Manager

    18. General Manager/Head

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    Legal19. Executive

    20. Manager 21. General Manager/Head of Department

    Client Servicing

    22. Client Service Executive / Sr. Executive

    23. Account Manager

    24. Head of Department

    Media Planning and Buying

    25. Executive / Sr. Executive

    26. Account Manager

    27. Head of Department

    Content/Creative

    28. Content Writer / Copywriter / Content Developer

    29. Content Manager / Content Specialist

    30. Head Content / Creative Director

    Technology

    31. Software Developer / Engineer / Programmer

    32. Graphic / Web Designer / Senior Designer

    33. Search Engine Optimizer / Sr. Search Engine Optimizer Customer Service

    34. Executive / Senior Executive

    35. Assistant Manager / Manager / Team Leader

    36. General Manager / Head

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    Operations / Back Office

    37. Executive / Senior Executive / Assistant Manager

    38. Manager / Team Leader

    39. General Manager / VP / Head

    Design and Development

    40. Software Engineer/Programmer/ Sr. Software Engineer

    41. Help Desk Engineer/ Support Engineer

    42. Web/Data Designer

    43. User Interface Designer / Sr. User Interface Designer

    44. Architect Server Development / Sr. Architect Server Development

    45. Project Manager

    46. Product Manager / Product Head

    47. Vice President / Sr. Vice President Technology

    Planning & Design 48. Business Analyst / System Analyst

    49. Solutions Architect / Tech Architect/System Architect

    50. Team Lead - Solutions Architect

    Design & Integration

    51. Software Developer / Engineer / Programmer

    52. Team Lead / Tech Lead/Project Lead / Project Manager

    Quality

    53. Engineer

    54. Manager

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    Scope Of Work

    Ma Foi Consulting Solutions Ltd conducted a Salary Benchmarking survey for the Internet and Mobile Industry of India, to give pay information needed, quickly

    and accurately.

    This Report consists of detailed information on benchmark positions/levels contributed by member companies in India. The report contains data on salaries,

    allowances, benefits and bonuses of locally hired employees.

    All of the data contained in this report have been carefully reviewed for validity, accuracy and reasonableness. Data has been collected by Ma Fois

    consultants and validated through various sources. Ma Foi has put in best efforts to hit optimistic levels of accuracy while collecting and collating information

    on compensation but in no way is to be held directly liable for any inferences drawn on the report submitted.

    The contents of this report are designed to present a clear and comprehensive picture of pay and benefits practices in the participating companies, to the

    extent of information shared and researched by Ma Foi through varied sources. Each section of the report contributes to a fuller understanding of the current

    environment. We encourage you to review the entire report to derive maximum value from the information contained herein.

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    Assumptions and Definitions

    Cost to Company (CTC)

    Total Guaranteed / Fixed part of the compensation of an employee which includes Cash and Retirals.

    Variable Pay

    The sum of all performance bonuses, profit share payments and commissions paid for an employee. In cases where actual payout figures were not available,

    target figures have been included in the calculation

    Statistical Terms

    Minimum :The lowest figure recorded.

    P10 : The figure below which 10% of the relevant data fall.

    P25 : The figure below which 25% of the relevant data fall.

    P50 : The figure above and below which 50% of the relevant data fall.

    P75 : The figure below which 75% of the relevant data fall.

    P90 : The figure below which 90% of the relevant data fall.

    Maximum :The highest figure recorded.

    The market range of data in the report is represented depending upon the number of data points available for a position or a compensation and benefit

    element

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    COMPENSATION ANALYSIS

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    Compensation Analysis

    Analysis of the compensation data has been carried out functionally. The functions covered for the study are in the following order:

    1. Sales/Business Development

    2. Marketing/Advertising/Communications

    3. Network/System

    4. Client Servicing5. Media Planning and Buying

    6. Content/Creative

    7. Technology

    8. Customer Service

    9. Operations / Back Office

    10. Design and Development

    11. Planning & Design

    12. Design & Integration

    13. Quality & Legal

    14. Human Resources & Finance

    The compensation data presented in the tables is for Total Guaranteed / Fixed part of the compensation of an employee which includes Cash and Retirals.

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    1. Sales and Business Development Function (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Executive / Sr. Executive / Asst. Manager/Deputy Manager 130 188 260 324 450 531 656

    Manager / Team Leader 300 400 460 728 955 1092 1300

    Key Account Manager 472 522 596 889 1298 1411 1750

    Branch / Regional / Area Manager 500 590 764 1186 1593 1858 1900

    General Manager 1000 1100 1250 1500 2000 2644 3074

    Sales andBusiness

    Development

    Head / VP / National Manager/Director 1362 1505 1600 2750 3055 4640 6144

    0

    2000

    4000

    6000

    8000

    Sales and Business Development

    MinMedian

    Max

    Min 130 300 472 500 1000 1362Median 324 728 889 1186 1500 2750Max 656 1300 1750 1900 3074 6144

    Executive / Sr.

    Manager /

    KeyAccount

    Branch /

    GeneralManag

    Head / VP /

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    2. Marketing, Advertising and Communications (In 000s)

    Function Position Min P10 P25 Median P75 P90 MaxExecutive / Sr. Executive / Asst.Manager/Deputy Manager 228 310 369 424 528 582 641

    Executive / Sr. Executive / Asst. Manager Product / Brand Management 300 430 496 558 626 851 1002

    Manager / General Manager -Product/Brand Management 710 828 986 1265 1525 2530 3200

    Marketing/Advertising/Communications

    Head Of Department Marketing1200 1425 1896 2000 2556 3525 4313

    0

    2000

    4000

    6000

    Marketing /Advertising/ Communication

    MinMedianMax

    Min 228 300 710 1200

    Median 424 558 1265 2000

    Max 641 1002 3200 4313

    Executive / Sr. Executive

    Executive / Sr. Executive

    Manager / General

    Head OfDepartment

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    3. Network Support/Security (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Network Administrator/System Administrator 180 200 325.5 400 600 605 858Network/Security

    Tech Support Engineer 140 164 200 351 370 508 600

    0

    500

    1000

    Network/System Security

    Min

    Median

    Max

    Min 180 140

    Median 400 351

    Max 858 600

    NetworkAdministrator/System

    Tech SupportEngineer

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    4. Client Servicing (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Client Service Executive/ Sr Executive 200 276 325 385 401 425 480

    Account Manager 360 398 455 550 647 700 810Client

    Servicing Head of Department 823 1100 1250 1512 1750 1921 2000

    0

    500

    1000

    1500

    2000

    Client Servicing

    MinMedianMax

    Min 200 360 823

    Median 385 550 1512

    Max 480 810 2000

    Client ServiceExecutive/ Sr Account Manager

    Head ofDepartment

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    6. Content/Creative (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Content Writer / Copywriter / Content Developer 150 186 205 300 375 550 936

    Content Manager/ Content Specialist 400 513 602 715 832 920 1320Content/Creative

    Head - Content / Creative Director 600 710 800 1100 2009 2894 4150

    0

    1000

    2000

    3000

    4000

    5000

    Content/Creative

    MinMedianMax

    Min 150 400 600

    Median 300 715 1100

    Max 936 1320 4150

    Content Writer /

    Copywriter /

    Content Manager/

    Content Specialist

    Head - Content /

    Creative Director

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    7. Technology (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Software Developer / Engineer / Programmer 180 198 210 300 488 572 858

    Graphic / Web Designer/Sr Designer 200 250 300 400 625 660 1092

    Technology Search Engine Optimizer (SEO)/ Sr SEO 220 300 375 500 654 756 1086

    0

    500

    1000

    1500

    Technology

    MinMedianMax

    Min 180 200 220Median 300 400 500

    Max 858 1092 1086

    SoftwareDeveloper /

    Graphic / WebDesigner/Sr

    Search EngineOptimizer

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    11. Customer Service (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Executive / Sr. Executive 150 165 194 221 242 280 360

    Asst. Manager / Manager / Team Leader 250 360 470 640 898 1116 1980Customer

    Service General Manager / Head 600 680 800 970 1000 3055 4426

    0

    1000

    2000

    3000

    4000

    5000

    Customer Service

    MinMedianMax

    Min 150 250 600

    Median 221 640 970

    Max 360 1980 4426

    Executive / Sr.

    Executive

    Asst. Manager /

    Manager / Team

    General Manager /

    Head

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    12. Operations Back Office (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Executive / Sr. Executive Asst. Manager 110 164 250 300 334 365 400

    Manager / Team Leader 300 360 425 550 820 925 950Operations/Bac

    k Office General Manager / VP / Head 440 518 635 1179 1678 1987 2543

    0

    500

    1000

    1500

    2000

    2500

    3000

    Operations/BackOffice

    MinMedianMax

    Min 110 300 440

    Median 300 550 1179

    Max 400 950 2543

    Executive / Sr.Executive Asst.

    Manager / TeamLeader

    General Manager / VP / Head

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    13. Design and Development (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Software Engineer/Programmer/ Sr. Software Engineer 200 265 290 350 410 480 512

    Help Desk Engineer/ Support Engineer 150 190 215 265 325 360 405

    Web/Data Designer 200 282 310 365 485 560 620

    UI Designer / Sr. UI Designer 300 380 463 500 690 880 1000 Architect Server Development / Sr. Architect Server Development 700 745 813 925 1250 1700 2000

    Project Manager 546 638 721 936 1075 1440 1800

    Product Manager / Product Head 500 650 725 1365 1910 2700 3000

    Design &Development

    Vice President / Sr. Vice President Technology 972 1289 1750 2500 3361 4560 5400

    Design and Development

    0

    1000

    2000

    3000

    4000

    5000

    6000

    MinMedianMax

    Min 200 150 200 300 700 546 500 972

    Median 350 265 365 500 925 936 1365 2500

    Max 512 405 620 1000 2000 1800 3000 5400

    SoftwareEngineer/Pr

    Help DeskEngineer/

    Web/DataDesigner

    UI Designer / Sr. UI

    ArchitectServer

    ProjectManager

    ProductManager /

    VicePresident /

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    14. Planning & Design (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Business Analyst / System Analyst 300 340 480 590 689 832 980

    Solutions Architect / Tech Architect/System Architect 400 445 515 625 1000 1540 1900Planning

    & Design Team Lead - Solutions Architect 500 545 610 725 1000 1360 1600

    0

    500

    1000

    1500

    2000

    Planning and Design

    MinMedianMax

    Min 300 400 500

    Median 590 625 725

    Max 980 1900 1600

    Business Analyst / System Analyst

    Solutions

    Architect / TechArchitect/System

    Team Lead -

    SolutionsArchitect

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    15. Design and Integration (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Software Developer / Engineer / Programmer 200 240 300 339 650 920 1000Design

    and

    Integration Team Lead / Tech Lead/Project Lead / Project Manager 500 570 643 690 889 1315 1700

    0

    500

    1000

    1500

    2000

    Design and Integration

    MinMedianMax

    Min 200 500

    Median 339 690

    Max 1000 1700

    Software Developer / Engineer / Programmer Team Lead / TechLead/Project Lead /

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    16. Quality and Legal (In 000s)

    Function Position Min P10 P25 Median P75 P90 Max

    Engineer 200 245 320 395 498 567 945Quality Manager 320 425 654 879 1441 1876 2132

    Executive 200 250 325 450 575 650 700

    Manager 510 530 600 800 1115 1470 1911Legal GM/Head of Department 989 1156 1389 1568 1897 3897 5735

    0

    1000

    2000

    3000

    4000

    5000

    6000

    Quality and Legal

    MinMedianMax

    Min 200 320 200 510 989

    Median 395 879 450 800 1568

    Max 945 2132 700 1911 5735

    Engineer Manager Executive Manager GM/Head of

    Quality Legal

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    PEOPLE POLICIES

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    Leave & Holidays

    Leave as a benefit is provided by all organizations in the comparator basket to employees across all levels. The IAMAI-Ma Foi study indicates that organizationstypically classify leave as Annual Leave, Sick Leave and Casual Leave.

    Annual Leave: Annual leave is to provide the employee a reasonable break in the normal occupation and an opportunity for rest and recuperation with a view to

    maintaining good health and revitalization.

    As per the study all the companies were providing annual leave to their employees. Different companies followed different practices for distributing leave. The

    patterns observed for Annual leave is as given below:

    Provision of Annual Leave

    12 days

    22%

    18 days22%

    20-24 days45%

    30 days11%

    12 days

    18 days

    20-24 days

    30 days

    Typically organizations specify uniform entitlement to all employees. Accumulation limit for Annual Leave ranges from 0 to 60 days, beyond which the leave is

    forfeited. Some companies provide leave encashment upto a maximum limit of leave accumulation.

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    Sick and Casual Leave

    As per the study, most of the organizations provide up to 15 days of Sick and Casual Leave each to employees. Typically organizations specify uniform

    entitlement to all employees. Some companies clubbed all the leave under annual leave category and did not provide sick or casual leave. The entitlement rangefor Sick Leave varies between 6 and 15 days and for Casual Leave it varies between 6 and 12 days. Accumulation limit for Sick Leave is up to 15 days. In most

    companies the casual leave would lapse at the end of the year if not availed.

    Holidays

    Most of the organizations surveyed provide 10-15 days holidays as per the stipulated number of holidays in the country. None of the companies surveyed

    differentiate holidays between their Head office and regional offices.

    Number of Holidays

    37%

    13%

    37%

    13%

    12 days

    11 days

    10 days

    8 days

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    Probation and Confirmation

    All the organizations surveyed have a probationary period for their employees.

    Length of probation

    Ranges between 3 and 6 months across management levels as illustrated alongside. One of the surveyed companies has a one year probation period for their

    management and graduate trainees.

    0 10 20 30 40 50 60 70 80 90 100

    Percentage Break up

    Mgmt Trainee/Grad. Engr

    Junior Management

    Middle Management

    Senior/Top Management

    L e v e l

    Probation Period

    3 months

    6 months

    1 Year

    NA

    Confirmation processMost of the organizations have a formal written confirmation process whereas in few (20%) organizations the employees are automatically confirmed at the end of

    the probation period.

    Salary increase after confirmation

    Eighty percent of the companies surveyed do not have a salary increase policy after confirmation of employees. Those companies that do give a salary increase

    to employees give it on the basis of management discretion or performance.

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    Salary Review

    Most of the companies have a salary review on an annual basis. Those companies that follow a bi-annual salary review policy usually review the salaries of

    employees in the month of April.

    Frequency of Appraisal

    70%

    10%

    20%

    Yearly Appraisal

    Bi Annual Appraisal

    Anniversary of Appointment

    The companies having an annual appraisal carry out the same in the months as shown below:

    Month of Appraisal

    January14%

    March14%

    April58%

    October14%

    January

    MarchApril

    October

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    The following parameters are used as the basis of computing salary increase for an employee.

    Determinants of salary increase

    All companies determine the salary increase as per the market pricing within the industry. Recommendations by the functional head and internal company

    assessment as per overall business strategy are other important factors considered by companies.

    36%

    32%

    32%

    Based on market pricing within the sameindustry

    Based on the recommendations by theFunctional head

    Internal assessment of the company basedon the overall business st rategy

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    Average Salary increase

    The participating organizations gave a salary increase percentage ranging between 8 and 25%, 16% being the median. The median proposed salary increase is

    19%.Percentage of employees covered

    Most companies surveyed cover 80 100 % of employees in the salary increase policy.

    Variable Pay

    Fixed Bonus

    10% of the companies surveyed have a fixed bonus plan where the employees get a fixed amount that varies across management levels. Some companies give a

    percentage of the Basic Salary towards fixed bonus.

    Performance Bonus/Variable Pay

    The criteria considered for Variable pay are as follows:

    1. Individual performance

    2. Pre-set targets

    3. Company performance

    4. Team performance

    5. Business unit performance

    Performance Bonus/Variable Pay

    0

    1

    2

    3

    4

    5

    6

    Individual Performance P reset Targets Company Performance Bus iness UnitPerformance

    Team Performance

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    Trends observed in the survey for the disbursal of performance pay/variable bonus are as given below:

    1. Quarterly

    2. Semi Annual3. Annual

    Profit Sharing plan

    Few organizations surveyed (10%) have a Profit sharing plan in place. The basis for determining the entitlement amount is usually by established formula or

    management discretion. Only Senior and Top management are eligible for the Profit sharing plan.

    Frequency of payment is annual incase of profit sharing plan.

    Incentives/Commission earnings

    20% of the organizations have a Commission scheme in place for their employees. The frequency of payment was observed to be annual in the surveyed

    companies

    Management Level

    Minimum % of target to

    be achieved for

    eligibility

    Top management 80 100%

    Sr. management 80 100%

    Middle management 80 100%

    Jr. management 100%

    In c e n t iv e / C o m m is s i o n P la n

    2 0 %

    8 0 %

    Y e sN o

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    Perquisites

    Company provided accommodation

    Companies provide accommodation only to Senior and Top management. Few companies (10%) provide company leased accommodation. None of thecompanies pay Housing Deposit or house maintenance expense to the employee.

    Telephone usage

    Few (40%) of the companies provide telephone usage expense as a perquisite to employees. The telephone expense is provided at actuals for the Senior and

    Top management and as a fixed amount to employees at other levels, usually as per the grade of the employee. There has also been an observed trend of

    providing black berry phones to the Senior and Top Management teams in the organizations.

    Company Car

    It has been observed that company car is provided by employers to middle, senior and top management employees. Fuel expenses are provided to employees at

    actuals or as a fixed entitlement. Drivers cost is also reimbursed to employees in senior/top management.

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    Insurance

    Hospitalization Insurance

    Most of the companies surveyed provide Hospitalization insurance to employees across all levels. The employee, spouse and dependant children are covered bythe policy and the sum assured is in the range 2 to 6 lacs. The usual practice is that the total cost is borne by the employer.

    Insurance Benefits

    50%

    36%

    14%

    Hospitatalization Insurance

    Accident Insurance

    Life Insurance

    Accident Insurance

    Many (60%) of the companies provide Accident Insurance to the employee ONLY, and not to any dependant. The sum assured is usually a fixed amount ranging

    from 5 lakhs to 50 lakhs or specified as number of months of Basic.

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    Retirement

    Retirement Age

    The retirement age of employees is in the range 58 to 65 years, 59 being the median retirement age.

    Gratuity

    Gratuity as a retrial benefit is paid to employees as per the Payment of Gratuity Act by close to 80% of the companies. The minimum service period required is 5

    years and there was no limit on the benefit paid.

    Provident Fund

    Provident Fund, as a retiral benefit, is provided by most companies surveyed (70%), as a percentage of Basic. The benefit is administered by the Regional

    Provident Fund Commission.

    Provision of Provident Fund

    70%

    30%

    Yes

    No

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    Attraction and Retention

    The Attraction and Retention practices observed from this survey are similar to what was observed in the previous Compensation and Benefits Survey conducted

    for the industry.Sources of Recruitment

    The various sources of recruitment used by the companies surveyed are as follows:

    1. Selection firms

    2. Direct applications

    3. Personal network

    4. Employee referrals

    5. Job portals

    6. Advertisements

    Web based recruitment (job portals) is the most frequent source of recruitment used by the surveyed companies.

    Attraction tools

    The most frequent tools used by companies to attract employees are:

    1. Career growth opportunities

    2. Additional benefits

    3. Variable Pay

    4. Flexible work schedules

    5. Advanced training opportunities

    Target Industries for Recruitment

    1. Competitors within the industry

    2. IT/ITES

    3. Telecom

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    Reasons for employees leaving the organization

    In the opinion of various companies surveyed, the various reasons for employees leaving organizations are:

    - Better pay opportunities- Better growth in career - Dissatisfaction at the workplace- Personal reasons

    Motivators for Employee Retention

    From the employers perspective, the following are the key motivators for retention of employees:

    - Pay above market- Market adjustments to base salary- Employee referral bonus- Cash Incentives- Long term incentives

    - Recognition awards- Growth opportunities

    Reason for difficulty in recruiting

    From the employers perspective, the following are the reasons for difficulty in recruiting suitable candidate sin these positions:

    - Requirement of rare skill set- Low initial salary- Non-availability or inadequacy of suitable skill set- Mismatch in employees need to work with a big MNC brand and the small size of the company/industry- No steady/consistent recruitment source

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    ANNEXURE

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    ANNEXURE 1 JOB DESCRIPTIONS OF THE POSITIONS SURVEYED

    Designation Department Job Profile

    Executive / Sr. Executive / Asst.

    Manager/Deputy Manager Sales/Business Development

    Carry out Business Development activities

    Develop Competitive strategies

    Acquire Market Intelligence

    Ensure Target achievementHandle Presentations & training

    Ensure Order closing

    Ensure proper negotiations

    Handle Collections/Payments

    Customer/Distributor Relationship mgmt

    Manager / Team Leader Sales/Business Development

    Concentration on location profitability

    Monitoring sales processes

    Recruiting & managing team of Sales Executive / Sr. Executive / Asst.

    Manager/Deputy Manager

    Makes strategies for market penetration.

    Planning/Implementing Mktg Strategies taking new Initiatives.

    Achievement of Targets allocated

    Key Account Manager Sales/Business Development

    Responsible for handling Key Account in the region, handling Institutional

    Sales, generating sales thru existing clients and developing new clients.

    Meeting Targets as per the productivity norms set by the Vertical Head.

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    General Manager / Head HR

    Overall Responsibility of managing the HR Department, To ensure

    compliance of all corporate policies of HR. Responsible for recruitment,

    training, appraisals, compensation mgmt, statutory compliance, grievancehandling & general administration. Guide & mentor a team across location &

    Business verticals

    Executive / Sr. Executive Finance

    MIS, Sales Tax, Excise, Service Tax Related, Invoicing, Export collection

    documents submission and reconciliation with bank for compliances,

    Handling Bank Reconciliation, Managed accounts with responsibility for

    Forecasting, Employees Compensation, Accounts Payable and Receivable,

    Handled Cash and Banking Work, Maintained Petty Cash Book.

    Asst. Manager / Manager Finance

    MIS Budgeting, Analyses Business Performance, MIS & Reports, Financial

    Analysis, Financial planning & organizing annual budgeting calendar,

    Controlling of Finances &capital expenditure. Accounting related decisions,

    Budgeting, Finalization of Financial Statements with analysis of

    variances.Mgmt reporting for decision-making .MIS Preparation.

    General Manager / Head Finance

    Overall Responsibility of managing Finance and treasury related matters,

    ensuring proper and timely maintenance of financial records.

    Executive Legal

    Obtaining & renewal of licenses. Maintaining & updating all files. Reply to all

    legal notices in co-ordination with respective consultants, Preparation of sale

    deed, arrangement of stamp etc. Proof checking of all Legal documents atoffice/ party's office. Ensuring submission copies of Registry and other

    related documents to Accounts Department. Ensuring filing and submission

    of schedules forms of existing properties

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    Manager Legal

    Vetting of all documents. Obtaining Legal compliances with various

    concerned authorities. Due diligence in Revenue records. Verification of all

    documents; Overseeing submission copies of Registry and other relateddocuments to Accounts Department also overseeing filing and submission of

    schedules forms of existing properties

    GM/Head of Department Legal

    Heading the legal department of the company independently, leading a team

    of people and coordinating with external agencies for all legal and allied

    matters.

    Client Service Executive/ Sr Executive Client Servicing

    Independently handles high profile brands in an extremely high speed work

    environment. Executes, coordinates and handles existing clients as well as

    newly developed clients. Manages client-agency interests which is the focal

    point of functioning

    Account Manager Client Servicing

    He keeps a day-to-day point of contact with clients, articulating client

    requirements to the team members, ensuring smooth running of the project &key deliverables-onetime, on budget, on specifications etc. & Keeping track

    of the projects status.

    Head of Department Client Servicing

    Independently prepare client proposals/presentations based on client brief,

    Manage the working of the CSE/Sr CSEs, Account mining (generate new

    business from the account), Responsible for all commercials for the account,

    manage one or more large accounts through team of CSM's/Sr CSE's,Manage the workings of the account team, Carry the business & commercial

    targets for the account(s), Analyze & value add to existing projects being

    executed, Independently manage these accounts

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    The job in ol es creati e designing independentl generating concepts and

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    Graphic / Web Designer/Sr Designer Technology

    The job involves creative designing, independently generating concepts and

    ideas. Besides having sound lay outing and design /art knowledge. Handles

    website designing

    Search Engine Optimizer (SEO)/ Sr

    SEO Technology

    Develops and maintains templates and standards for web page addition and

    development; Works with and Brainstorms with senior management to

    determine future direction and growth of the company via SEO; Maintains

    subject matter on SEO developments and techniques; Maintains all

    documentation that pertains to the above responsibilities; Works with content

    development and product development to make sure that SEO norms are

    being followed while publishing new pages and/or services; Being the Point

    of Contact for any SEO issues; Training, managing and mentoring

    subordinates; Reporting activities on a weekly basis

    Executive / Sr. Executive Customer Service

    Provide essential customer service on the aspects of fund transfer, bill

    payment, Attending customers complaints and solving the same.

    Asst. Manager / Manager / TeamLeader Customer Service

    Responsible for co-ordination for various process related follow-ups,

    Responsible to maintain Team MIS, Responsible for timely uploads of data,

    Responsible for ensuring customer complaint documentation & updation,

    Responsible for maintaining training material and team briefings on new

    updates and refreshers, Maintaining & Updating of Data base of Corporate

    within circle along with all contact details of the Key contact with eachdecision making unit

    General Manager / Head Customer Service

    Responsible for Setting Up & Efficiently managing the Customer Service

    Division, responsible for managing a team of customer service/ operations

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    support material to the sales and marketing teams

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    support material to the sales and marketing teams

    Architect Server Development / Sr.

    Architect Server Development Design & Development

    Responsible for timely development of all services, Will lead the respective

    service developer teams and advise them on server architecture and

    software development patterns and practices, Will interact with design and

    policy team for preparation of implement able specifications, Will work

    closely with product management team for development scheduling and

    requirement fulfillment, Work with client team for client server protocol

    refinement and definition, Work for resolution of pitfalls in technology,

    architecture and resourcing, Will interact closely with Implementation team

    for product deployment and localization on commercial networks, Will be

    representing the company at highest levels in dealing with our esteemed

    customers

    Project Manager Design & Development

    Responsible in managing overall delivery of projects related to value added

    services. Role holder will directly interface with customers, develop andmanage project plans, co- ordinate between various internal departments

    and resources, track and report results

    Product Manager / Product Head Design & Development

    Responsible for the overall Product Management, Conceptualization of New

    Product, Technical Product document creation for technical Team, Product

    marketing documentation & presentation for sales team, Implementation of

    product, Deployment across networks, Driving Traffic & Revenue.

    Vice President / Sr. Vice President

    Technology Design & Development

    Participate in the evolution of product concepts & designs, Streamline

    software development processes , Recruit & mentor technologists in various

    product groups, Guide technical leads in achieving their technical goals

    associated with their product lines, Establish process for sharing of technical

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    associated with their product lines, Establish process for sharing of technical

    resources/IP/etc between product teams , Provide guidance to network

    operations team

    Business Analyst / System Analyst Planning and Design

    Requirement Analysis, Scope document, Work Breakdown Structure

    Document, Assisting Business Development team in understanding technical

    aspects of client's requirements, Technical Design Documents of finalized

    projects, Understand client requirements, design high level Internet

    applications, coding and testing; Independently handle client communication

    and manage client expectation in terms of schedule and quality

    Solutions Architect / Tech

    Architect/System Architect Planning and Design

    To analyze the customer's business requirements and suggest solutions, To

    handle change requests related to the solutions, Knowledge Transfer to the

    local Solution managers/ Architects, Secure the function and technical quality

    of deliveries (solution binder) in customer contracts/projects, Guard and/or

    handle change requests and the consequences of such requests for

    delivered offers and/or ordered deliveries.

    Team Lead - Solutions Architect Planning and Design

    Mentor and assist the team in analysing, designing, coding, testing,

    debugging and documenting solutions, Provide technical leadership for

    firmware development. Manage team for career development, work load

    leveling, technical mentoring and training.

    Software Developer / Engineer /Programmer Development & Integration

    Responsible for System Study, Software Design, Software Development,Implementation, Testing, Trouble Shooting

    Team Lead / Tech Lead/Project Lead /

    Project Manager Development & Integration

    Manage and execute assigned project or subproject in a large program,

    Understand all aspects of client requirements, Use project management

    methodologies, quality standards and technical concepts to execute a project

    to the full satisfaction of the client, Understand client requirements and work

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    , q

    with designers and developers, Manage a team of people, Ensure project

    completion in timely manner while utilizing resources as per budgetprovisions, Give periodic status reports as required, to keep management

    and client in synch with project progress

    Engineer Quality

    Controlling quality in all areas, handling customer complaints, assisting in

    development activities, implementing quality systems, Quality auditing, etc

    Manager Quality

    Undertake Strategic projects and initiatives to meet & exceed customer

    SLA's, Act as a technical expert, coaching and mentoring Process Owners

    and Team Members, Conduct training sessions for; Map Business

    Processes & Identifying Improvement Opportunities; Drive continuous

    improvements, Develop, implement, monitor and report on quality and

    reliability goals, internal and customer-facing metrics, Develop and support

    technology solutions to support process quality and re-engineering efforts,

    Develop Systems and Structures for New Processes and improve current

    processes

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    Published By:Dr. Subho Ray, President, on behalf of Internet and Mobile Association of India,406, Ready Money Terrace, 167, Dr. Annie Besant Road, Worli, Mumbai 18

    For details, please contact:Mr. Gaurav Chopra, IAMAI,[email protected] Mr. Kalpesh Vohra, Ma Foi,[email protected]