There are two pricing variables for Premium access to Compensation Software: Number of employees in scope and length of contract. Reach out to your local WTW Data Services team and they will be happy to provide a customized fee quote.
Contact your local team and someone will reach out to you.
Request a demo and the team will contact you to discuss pricing.
Yes, calculated fields can be added.
Yes. For North American clients we have some artificial intelligence within the participation portal that you can access to suggest survey matches. This feature is coming for other regions.
The Premium functionality of Compensation Software is akin to that of the REWARD tool.
Yes, WTW Compensation Software can exchange data between any HRIS to maintain job and employee records. Fees vary, but average around $5,000 for a data integration.
For non-WTW data, you would use their tools to extract the data/peer cut, and we would load that cut of data into the WTW tool. From there, you can link your jobs/employees to that cut (or any other cut of data) and, if appropriate, blend market data between different survey vendors.
Yes, we currently have five Canadian HQ companies using the software. Also, many of our client organizations listed the United States as their headquarters, but they have Canadian operations too. If you are interested in more information on this (e.g., industry), please let us know.
To access the pre-populated workbook, you must be listed as the data provider for your organization. Upon logging into the participation portal and accessing the “My Participation” section, you will see the surveys your organization is due to participate in. When you click on “Participate now,” it will bring you to the resource page. From there, you can locate the pre-populated data.
Again, this is only listed for you if you are listed as the data provider. If you have questions on this, our Client Care Team can assist.
As long as you are listed as the current data provider, the pre-populated data will be listed for you to download from the participation portal. If you have questions on this, our Client Care Team can assist.
The module is called “Premium.” It is an additional feature set of WTW’s Compensation Software suite – the same suite used to browse and download our salary survey data.
No, we have clients with just one or two surveys and others with hundreds of surveys on the platform.
Yes, you can request a demo and we will be in touch.
The participation guide is available in the Participation Portal.
All of this information is in the participation resources of the survey in which you are participating. Upon logging into the Participation Portal, locate the survey in which you are participating. When you select “Participate Now,” it will bring you to a resource page. Within the participant guide, there is always a page dedicated to the changes that have occurred for the year. You can locate this by reviewing the index within the participant guide and finding the “Changes” section.
Yes, we do offer job matching sessions. Please reach out to your local WTW Data Services team for help.
In North America, it is 10. Outside of North America, it is 7. You must also have at least 3 differences in your peer-group companies.
It really depends on how many employees you have in a country. On average, though, maybe 4 hours.
We assume this is regarding WTW survey job codes aligning to other vendor job codes. We do have the ability to automate job matching to both WTW and other vendor job codes. This is determined using the attributes of the client job or employee, and an appropriate match generally is used as a starting point for further refinement in the system.
No data is future proof. However, there are many ways to mitigate the risk of large market swings. You can:
No, these are generally free to participants. To be included in these surveys, please contact your local WTW team.
Data come from our annual surveys and are supplemented with external data. To find out more, please contact your local WTW team.
Please contact your local WTW team for help with this question.
Contact your local WTW team and they will introduce you to one of the grading specialists for a conversation about your specific needs.
Contact your local WTW team and someone will be in touch to help with this question.
No, this is complimentary.
Please submit your current actual values.
Yes, with Custom access to Compensation Software, you can create and manage peer groups and recalculate the statistics.
WTW is in the process of moving our tools to the cloud. Currently, data is hosted in the UK but will be based in the Netherlands by the end of Q2 2022. Regardless, data privacy always has been of paramount importance to WTW, and our hosting services remain GDPR compliant.
Yes, contact your local WTW team and they will help you.
Yes, there are many charting capabilities. To explore more, request a demo.
This depends on the markets in which you compete for talent. Contact our compensation consultants and they will be happy to guide you.
Geographic pay policies primarily exist in larger markets and are becoming an increasingly important factor for clients when considering the impact of remote work on pay. Our Geographic Salary Differential Reports provide insights into how you may need to pay your employees differently across major cities, metropolitan areas and regions.
Contact your local WTW team and someone will be in touch to help with this question.