Offering leading-edge remuneration surveys

Benchmarking for success

REMchannel® is an extensive and detailed internet-based remuneration survey. It is customized for the complexities of various remuneration practices and since its launch in 2000, the participants list has grown to over 540 companies and organisations. This year, the benchmarking survey is launched on the market in Luxembourg. The REMchannel® uncompromised data collection process, job matching methodology, stringent validation phases and ongoing service and support enables us to deliver high-quality survey results. This provides our participants with a real return on their investment.

More about REMchannel®

REMchannel®, the product, was launched in late December 2000. Today, it provides benchmark data for more than 1 800 positions across a variety of disciplines and industries. The sample size has increased in excess of 1 million data points.

Our leading-edge survey system allows discerning practitioners to make informed reward and strategy decisions based on the following distinctive features of the system:

Real time: a rolling, live database, capable of constant updating
Choice: supreme flexibility in defining comparator market
Friendly: absolute ease of data submission and retrieval
Access: instantaneous, finger-tip driven, generation of reports
Freedom: freeing up HR time to pursue strategy and not drudgery
Value: one data submission once per annum provides access to multiple surveys

REMchannel® offers participants an exceptional value proposition that allows access to more than one survey for one data submission annually and one survey fee:

Top executive survey
General staff survey
Industry-specific survey
Job-based survey
Grade-based survey (correlated to all major grading systems)

Value-added features

In addition to the exceptional value proposition offered by REMchannel®, the survey offers extra value-added features:

Stringent validation of data
Job-matching facilitation
Gender analysis
Age analysis
Internal and external equity measure
Detailed benefit quantum analysis
Selection of own package component analysis
Selection of percentile comparison
Automatic age correction of data
Interactive web-based selection ("what if" scenarios)
Real-time database
Reports can be copied and exported into Microsoft Office packages for presentation to the remuneration committee

The latest data

The data upload process consists of three validation phases and an ongoing Service and Support element, which is captured in the REMchannel® data collection model overleaf.

The confirmation and validation of remuneration and benefit data as well as accurate job matching is critical to the success of the REMchannel® Survey. It is also important to note that outdated remuneration information is not retained in the database. All participants agree contractually that data will be removed if refreshed information cannot be provided timeously.

The Key Account Managers assist participating organisations with their job matching to the REMchannel® suite of jobs, based on job content and not just job title. The REMchannel® job matching methodology applied is illustrated:

The REMchannel® uncompromised data collection process, job matching methodology, stringent validation phases and ongoing service and support enables us to deliver high-quality survey results. This provides our participants with a real return on their investment. A satisfaction questionnaire is forwarded to all participants after the completion of a data collection process, to ensure that we receive feedback which will allow us to continuously enhance our services.