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The Jamaica Employers’ Federation (JEF) launched its 2007 Salary and Benefit Survey on (Sept. 25), at the JEF’s Ruthven Road offices in Kingston.
Speaking at the ceremony, President of the JEF, Audrey Hinchcliffe said the survey provided detailed and comprehensive information about compensation in the Jamaica labour market for employers and employees.
“The survey is user-friendly and contains benchmark jobs that are common to many organisations and industries. We hope that you find these new survey results as a most useful gauge in determining where you stand amongst your competitors, to help you to achieve competitive salary levels and with a comparatively competitive group of companies,” she said.
Presenting the findings of the Survey, Research and Development Executive of the JEF, Lisa Taylor-Stone said this year, the manual was presented in two volumes, with volume 1.1 of the study providing information regarding chief executive officers, executives and managers, while volume 1.2 gives information on technical, professional, supervisory, clerical and hourly-paid employees.
She pointed out that this was the highest coverage in the history of the survey, with a total of 95 companies participating, representing some 20 sectors. A minimum of four companies is represented in each sector.
“We have taken the time to ensure that representativeness is maintained for the credibility and validity of the survey,” she noted, adding that the methodology was revamped in terms of how data collection is approached.
“We have noticed that even though corporate Jamaica accesses this information on a yearly basis in terms of wage negotiations, (and) salary reviews, they are not very receptive to the idea of participating in the survey, and this has been a major limitation in the field. Another limitation is (that) some companies are more prone to provide (information for) non-management positions, but whenever we ask for the CEO or the top leadership positions within the organization, those are not provided,” she pointed out.
Mrs. Taylor-Stone said that as was usually the case, this year the financial sector was over-represented in the survey, and that the Government sector had been very receptive to the initiative. “The second sector that contributed a lot to the distribution of the participants, is the Information Technology sector,” she informed. The survey was conducted over a period of seven months, from February to September of this year.
The respondent sectors include: education and training; government; information technology; engineering; professional services; telecommunications; transport and storage; wholesale and retail; janitorial and maintenance; automotive; advertising and public relations; media; hotels and restaurants; marketing and promotions; utilities; financial services and agriculture.
New additions to the survey are: the engineering, automotive, janitorial, telecommunications, marketing and promotions, and advertising and public relations sectors.
September is being observed as National Employers’ Month, under the theme: ‘Talent, Technology & Policy: Driving Innovation’.