//reposted from APICS e-NEWS//
WHO'S MAKING WHAT WHERE?
Ever wonder how your job would stack up elsewhere, or what would happen
if you just took off, say for New Zealand, and found the same position
there? Frankly, I have. And so has Watson Wyatt Data Services. The
company's latest Global Remuneration Report contains pay and benefits
information for 50 key jobs in 50 countries, making it easy to
compare positions from Australia to Zimbabwe.
The report is based on a global grading system. Top
management falls in the high end of the 25-grade structure
with a global grade of 20+; manual or junior clerical
workers come in at the low end at a global grade of
1 to 4. The report divides jobs into ten distinct families
such as finance, manufacturing, and information technology,
and then breaks jobs down into roles that reflect a
difference in the scope of skills requirements and responsibilities.
The following positions earn a global grade of 15:
--a purchasing manager or chief buyer who reports to the
head of manufacturing in a smaller organization and
typically has eight to ten years of experience
--a distribution center manager who works in a small
logistics operation and has at least five years of
management experience
--a plant manager who coordinates a small number of manufacturing
operations and reports to a general manager or head of manufacturing at
a group level.
What do these positions pay across the globe in U.S.
dollars? The median range of annual base pay in a
sampling of countries is as follows: United States,
$95,600; Hong Kong, $89,480; Italy, $77,500; Saudi
Arabia, $69,440; Canada, $63,300; Sweden, $56,130;
Greece, $46,400; New Zealand, $44,690; Brazil, $43,160;
and Romania, $17,000. This is, of course, the 30,000-
foot view. Remuneration depends on a number of
criteria such as the country's tax structure, the
reward environment, incentives, and benefits.
Making money is one thing. Having time to enjoy it is
something else. In New Zealand, you'll earn 4 weeks
of paid vacation; in Hong Kong it is 1. Sweden's
Annual Leave Act prescribes a minimum of 5 weeks of
annual leave. Italy offers 5 to 6 weeks. And in Brazil?
A worker is awarded 30 consecutive days in every period
of 12 months worked. Legislation in that country also
requires that a bonus equivalent to 33 percent of the
employee's base salary be paid at the time of his or
her vacation.
Is it time to pack your bags?
--Amy Azzam, Managing Editor
APICS--The Performance Advantage
To order the report or for more information, visit
http://www.wwdssurveys.com <http://www.wwdssurveys.com/> .