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Global Automotive Compensation Group 2015

32 © Aon Hewitt Global Automotive Compensation Group 2015 © Aon Hewitt Global Automotive Compensation Group 2015

About Aon HewittAon Hewitt empowers organizations and individuals to secure a better future through innovative talent, retirement and health solutions. We advise, design and execute a wide range of solutions that enable clients to cultivate talent to drive organizational and personal performance and growth, navigate retirement risk while providing new levels of financial security, and redefine health solutions for greater choice, affordability and wellness. Aon Hewitt is the global leader in human resource solutions, with over 30,000 professionals across six continents serving more than 20,000 clients worldwide. For more information on Aon Hewitt, please visit www.aonhewitt.com.

About the Group

Aon Hewitt’s Global Automotive Compensation Group is an exclusive industry club for senior Compensation & Benefits specialists with an international remit. The Group was established in 2013 in Europe, successfully growing into North America, and now expanding into Asia.

The Group provides a discussion and networking platform for over 100 C&B professionals, representing the majority of global Automotive Producers and Automotive Suppliers, providing data for 64 countries. This makes it the largest, most comprehensive, globally connected and consistent Automotive compensation forum in the world, with discussion items ranging from strategic to operational issues.

Group participation benefits include: free membership with survey data submission, regular face-to-face meetings with a participant driven agenda, members-only access to an online research repository and discussion forum, a comprehensive Automotive Compensation Survey covering 87 industry-specific job families on 19 job levels, as well as regular flash surveys on hot compensation topics in the industry, including: LTI Plan Design, Company Car Programmes, Merit Increases, Salary Structure Approaches, and other.

Aon Hewitt Global Automotive Compensation

Group is the

largest, most

comprehensive,

globally

connected and

consistent

Automotive

compensation

forum in the

world.


Company Coverage

Global Automotive Compensation Group meeting and survey participants, and interested companies include:

Country Coverage

Automotive Producers

• BMW

• Changan

• Daimler / Mercedes

• Fiat Chrysler

• Ford

• General Motors

• Honda

• Hyundai

• Jaguar Land Rover

• Kia

• Mitsubishi Motors

• Nissan

• PSA Peugeot Citroen

• Renault

• Tesla

• Toyota

• Volkswagen

Automotive Suppliers

• American Axle Manufacturing

• Antolin

• Asahi Glass

• Autoliv

• Autoneum

• Benteler

• BorgWarner

• Bosch

• Bridgestone

• Calsonic Kansei

• Continental

• Cummins

• Dana

• Delphi

• Denso

• Donaldson

• Eaton

• Faurecia

• Federal Mogul

• Freudenberg

• GKN

• Hitachi Automotive

• Honeywell

• IAC

• Inteva

• Johnson Controls

• Key Safety Systems

• Knorr Bremse

• Lear

• Leoni

• Magna

• Mahle

• Mann+Hummel

• Melexis

• Meritor

• Michelin

• Navistar

• Omron

• Panasonic

• Pirelli

• Schaeffler

• Tachi-S

• Teijin

• Tenneco

• TI Automotive

• TMD Friction

• Tower Automotive

• Trelleborg Vibracoustic

• TRW Automotive

• Tyco Electronics

• Valeo

• Visteon

• Wabco

• Yazaki

• ZF

The Global Automotive Compensation Group consists of over 100 senior C&B professionals representing the majority of the leading brands in the industry

EMEA• Austria

• Bahrain*

• Belgium

• Bulgaria*

• Croatia*

• Czech Republic

• Denmark*

• Egypt*

• Finland*

• France

• Germany

• Greece*

• Hungary

• Ireland*

• Italy

• Kuwait*

• Luxembourg*

• Macedonia*

• Morocco*

• Netherlands

• Norway*

• Oman*

• Poland

• Portugal*

• Qatar*

• Romania

• Russia

• Saudi Arabia*

• Serbia*

• Slovakia*

• Slovenia*

• South Africa

• Spain

• Sweden

• Switzerland*

• Tunisia*

• Turkey

• Ukraine*

• United Arab Emirates*

• United Kingdom

Asia Pacific• Australia*

• Cambodia*

• China*

• Hong Kong*

• India*

• Indonesia

• Malaysia

• Myanmar*

• New Zealand*

• Philippines*

• Singapore

• Taiwan*

• Thailand

• Japan

• South Korea

• Vietnam*

Americas• Argentina

• Brazil

• Canada

• Chile*

• Colombia*

• Mexico

• USA

• Venezuela*

* new in 2015


Global Automotive Compensation Survey

Overview

As part of the wider global initiative, and to give Automotive Producers and Automotive Suppliers an accurate, globally consistent and comprehensive source of reward data, Aon Hewitt established the Global Automotive Compensation Survey.

The survey methodology and format were developed in close partnership with the regional steering committees of the Automotive Compensation Group, consisting of Automotive Producers and Automotive Suppliers. The survey covers 87 industry-specific job families on 19 levels, from top executives to blue collar workers, making it the most granular and globally consistent automotive survey on the market.

Methodology

The survey has a straightforward matching process that only requires to select a job family, sub-family and level, and it can easily be bridged to any internal grading or levelling system. In addition to size differentiation, the survey results also include statistical analyses of the levelling according to different

established job evaluation systems on the market (Hay, Mercer, Towers Watson).

Data Coverage

With 46 participants across 27 countries in 2014 (expanding to 64 countries in 2015) separated into comparator groups of “All Automotive”, “Automotive Producers” and “Automotive Suppliers”, this is the largest and most consistent source of Automotive reward data available.

Participation

Survey data submission is a necessary requirement for participation in the Group networking meetings and various other activities (e.g. flash surveys, accessing the online research repository and discussion, etc). Survey participation is facilitated by Aon Hewitt consultants.

Results

Survey results are published in September (Tier 1 countries) and October (Tier 2 countries), and the deadline for data submission is 15 June 2015.

87industry-specific

job families

64countries

19levels


Pay Components

• Base salary

• Bonus / variable pay (actual, target, maximum)

• Other cash payments / allowances (incl. country-specific, e.g. Intéressement in France)

• Sales incentives

• Long-term incentives (by level)

• Benefits: pensions, healthcare (prevalence)

• Perquisites: company car (prevalence), gross list prices, lease amounts

AftersalesGeneral Aftersales, Parts & Accessories, Product Quality, Service & Support

Auto Finance*

Accounting*, Business Development*, Collections Operations*, Compliance, Controlling*, Customer Service*, Dealer Credit*, Lease Maturity*, Product Specialist / Product Development*, Regional / Area Sales*, Retail Credit*, Risk Management*, Vehicle Liquidations / Remarketing*

Dealerships*Dealership Management*, General Sales*, Sales New Vehicles*, Sales Second-Hand Vehicles*, Spare Parts / Shop Workshop / Garage*, Dealership After Sales*, Business Management*, Used Car Purchasing*

EngineeringApplication Engineering, Design & Drafting Engineering, Electronics Engineering, Maintenance Engineering, Manufacturing Engineering, Packaging Engineering, Product Engineering, Project Engineering, Software Engineering, Software Systems Engineering*, Systems Engineering, Test & Validation Engineering, 3D Printing / Additive Manufacturing, Noise /Vibration / Harshness (NVH) Engineering*

Finance*General Finance*

General Management*

General Management*, Operations*

Human Resources*

General Human Resources*

IT*General IT*, Enterprise-wide Programmer / Analyst*, Storage

Engineering*, Software Engineering / Applications*

Legal*

Contracts*, General Legal*

ManufacturingMaintenance, Production Management, Plant Management

MarketingBrand / Product Management, Events & Sponsorship, Marketing Communications, Pricing, Product Management / Channel Marketing, Social

Media Relationships, Online Marketing

Project ManagementProgram Management, Project Management (Product Development)

QualityGeneral Total Quality Management, Business Process Re-engineering, Quality Engineering,

Supplier Quality Engineering

Research & DevelopmentDesign, Innovation, Technology, User

Interface / Human Factors Engineer*

SalesAccount Management, Area Sales, Fleet & Remarketing,

Network Development, Sales Operations, Sales Support

Supply Chain

General Supply Chain, Purchasing, Procurement, Strategic Sourcing, Logistics*

Job Families80industry-specific

job families

* new in 2015

87industry-specific

job families


Survey Levels

Survey Cycle

Global Head

Global Head - Business Line

Regional Head (EMEA, NAFTA)

Regional Head - Business Line

Local Head

Manager A Principal

Manager B Expert

Manager C Advanced Specialist

Supervisor Senior Professional

Intermediate Professional

Entry Professional Blue Collar - Senior

Blue Collar - Intermediate

Blue Collar - Junior

Blue Collar - Unskilled

Automotive

Sample Report

In addition to an ‘All sizes’ analysis, the survey differentiates the Positional and Level analyses into ‘Small’, ‘Medium’ and ‘Large’ depending on the samples.

With each data cut, additional scoping information (Sales, Employees / FTE) and job evaluation levels are displayed. In 2015, ‘My data against the market’ will be included too.

Survey cycle

March - AprilKick-off meeting

Sept - OctResultsreports

Oct - NovResults

meetings

April - JuneData

collection


Flash Surveys

Online Forum and Research Repository

Our members-only online research repository and discussion forum allow access to documents relating to the Group meetings and research studies. Some of its key features include:

Discussion forum:

• Ask questions, start discussions with other companies, and download files

• Receive alerts when other companies ask a question or start a discussion

Research repository:

• Regularly updated information under two easy-to-navigate folders: ‘Meetings’ and ‘Documents’

• Additional information in multiple sub-folders

Contacts

Marco Reiners

Global Initiative Leader

+49 89 52305 4832

[email protected]

Gregor Loetsch

Global Project Manager

+43 676 888 21280

[email protected]

The Group regularly runs flash surveys on current compensation and benefits topics chosen by the companies. Some of the recent topics include:

• LTI plans

• Company car schemes

• Compensation trends in high-inflation environments like Russia / Ukraine

• Merit increases

• Salary structure approaches

• Compensation governance & transparency

• Home office arrangements

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© Aon plc 2015. All rights reserved.The information contained herein and the statements expressed

are of a general nature and are not intended to address the circum-

stances of any particular individual or entity. Although we endeavor

to provide accurate and timely information and use sources we

consider reliable, there can be no guarantee that such information

is accurate as of the date it is received or that it will continue to be

accurate in the future. No one should act on such information with-

out appropriate professional advice after a thorough examination of

the particular situation.

Risk. Reinsurance. Human Resources.