Willis Towers Watson has announced significant enhancements to its global executive compensation data offering. The enhancements build upon Willis Towers Watson’s existing offering for executive compensation data by making it even more robust while also improving the functionality of Willis Towers Watson’s compensation software and offering global organisations flexible new options for purchasing executive compensation data.
Specific enhancements include a new membership opportunity designed for large multinational organisations that submit executive compensation data in a single global submission covering at least 90% of their executive jobs. This provides exclusive access to global data purchasing options, enhanced discounts on select reports and the support of a dedicated survey team
Another new feature is borderless, multi-country reports, providing compensation data blended across 30 or more countries based on each client’s unique peer group of organisations. For example, the Europe borderless report blends job data across Belgium, France, Germany, Ireland, Italy, the Netherlands, Spain, Sweden, Switzerland and the UK, enabling companies to benchmark executive jobs against a geographically wider and more relevant talent pool.
There’s also the addition of disclosed executive compensation data in countries with strong disclosure regimes, including Germany, the Netherlands, the UK and the US and a more intuitive interface and improved tools for competitive benchmarking, cost analysis and reporting for clients that access executive compensation data via Willis Towers Watson’s Compensation Software.
“Many of the 3,000 companies that participate in our executive compensation surveys worldwide are complex global organisations that require transparent, decision-quality data that their boards and shareholders can trust to support their executive talent strategies,” said Mark Reid, leader of Willis Towers Watson’s Executive Compensation consulting practice globally. “Our enhanced executive compensation data offering and new global data purchasing options make it easier and more cost-efficient for these clients to secure reliable and consistent pay benchmarking data for a global executive cadre.”