
A key element in attracting and retaining talented employees within the Life Sciences / Biotech industry
As part of our program of targetted members services, BioMelbourne Network has negotiated a member-only price for CSi's Australian Biotech Industry Salaries & Benefits Survey.
The Australian Biotech Industry Salaries & Benefits Survey provides you with the market intelligence you need to ensure that your organisation is offering competitive remuneration rates to employees.
CSi is currently looking for biotech organisations to join the November remuneration survey program.
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BioMelbourne Member Discount: |
As the most comprehensive source of market remuneration and benefits data for the biotech industry, the Australian Biotech Industry Salaries & Benefits Survey features:
Market remuneration rates for more than 25 roles in the biotech industry.
Match your organisation’s roles to the survey positions, then compare your employees’ remuneration to the market rate for each role to assess the competitiveness of your organisation’s pay.
Biotech industry specific roles including:
Corporate support roles including:
CSi continuously monitors the Australian Biotech Industry to ensure that all key positions are surveyed on an ongoing basis.
Detailed position descriptions to enable you to easily match your organisation’s roles to the survey roles.
Comprehensive remuneration tables that allow you to assess what the market is paying for specific roles.
Supporting statistics and additional information that provides you with a better understanding of the biotech industry in Australia, as well as the broader business environment.
You will have all the information you need for making competitive market related pay decisions.
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Feature |
Benefit to You |
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% salary increases received by employees over the past 12 months. |
Check to see whether your organisation’s last salary review was competitive. |
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Average and median salary budget forecasts for the coming 12 months. |
Ensure your budgeted salary increases are aligned to the market. |
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Economic statistics and analysis. |
Keep up-to-date with the business environment. |
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Staff attrition rates. |
Gauge employee turnover and make adjustments to your recruitment and retention processes. |
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Comprehensive explanations of all formulae/ methodologies used to produce market data. |
Be assured that the market data is accurate, reliable and defensible. |
Market pay rates formulated from actual remuneration and benefits information collected from survey participants.
Industry leaders as well as different sized organisations feature in the survey . All participants are listed to ensure that you know exactly what the market data represents.
In assessing the value of the Biotech Salaries & Benefits Survey to your organisation, contrast the survey subscription fees with the cost of recruiting and training just one new employee to a role that has been left vacant due to uncompetitive remuneration offered by your organisation.
For further information: Jodie Fraser 9900 6112 email: jodie.fraser@hewitt.com
Disclaimer: BioMelbourne Network accepts neither responsibility nor liability for any errors and or omissions contained in the communication material or products and services in this or any other promotional offer.