February 2012 - Normandin Beaudry’s Compensation and Performance team launches the Benchmarking Community
On February 1, Normandin Beaudry’s Compensation and Performance team launched a new initiative entitled the Benchmarking Community. This initiative is an annual series of rapid response surveys on current topics related to total compensation. The first survey was a great success, thanks to more than 100 organizations that participated.
This first survey on referral programs provided valuable and interesting information. For instance, the results indicate that one out of two organizations offers a referral program with an average bonus of $1,100 for all types of jobs.
These surveys, which are targeted to Normandin Beaudry’s client organizations with operations within Quebec, will generate a significant amount of data that will allow the development of ever more innovative total compensation solutions.
In exchange for their participation in the Benchmarking Community, participating organizations will receive a report detailing the results of every survey that they completed.
If you would like to take part in the movement and contribute to the development of a flagship total compensation project within Quebec, please contact Normandin Beaudry’s Compensation and Performance team’s consultants at: