HR Diagnostics provide a complete picture of an organization's needs. While at one end the TRS Salary Survey tool is used to analyze industry wide compensation data, at Human Resource Diagnostics - AbacusConsultingthe other end the Employee Engagement Survey reflects on a host of issues such as Career Development, Retention, and Organizational Climate factors, all of which have a strong bearing on the overall company performance. In order to assist our clients evaluate their particular situation, we offer a number of services.
Total Remuneration Survey (TRS)
Our Flagship product is Mercer's Total Remuneration Survey (TRS) which is an "All Industry" syndicate survey conducted annually in 60 countries across the globe. In Pakistan, we had 94 plus participants in 2011 including MNCs and reputed local companies from diverse sectors such as Engineering, Manufacturing, Chemicals & Fertilizers, Pharmaceuticals, Agriculture, Telecom, Technology, FMCGs, Logistics, and Energy etc.
The service is offered through our strategic alliance with Mercer on an exclusive basis for Pakistan. TRS encompasses the collection and reporting of compensation and benefits data of up to 600 benchmark positions in every possible job family for our client organization. TRS is the market leading solution that utilizes the most advanced and flexible data analysis tools that include:
Mercer's International Position Evaluation System (IPE)
Through this tool we employ a systematic approach of conducting Job Evaluations, and linking the resulting grading structurewith external benchmarks obtained through the Total Remuneration Survey (TRS). Role evaluation is conducted through an analytical approach based on a point-rating system resulting in a comprehensive and exhaustive understanding of each job in the organization
Mercer Pay Monitor
A web-based interactive application data-mining application, Mercer Pay Monitor is another one of our tools which allows you access to the most up to date and unlimited queries of compensation and benefits information. It has options to customize searches and statistics according to your individual needs, giving you instant comparison of your data against the market.
Benefit Prevalence Report (BPR)
From the day an employee is recruited to the time they leave an organization, the remuneration and benefits strategy is one of the most complex, and sometimes, controversial issues of the employment relationship.
The Benefits Prevalence Survey, another Mercer's global product, is geared towards helping HR professionals understand where their respective company stands as opposed to their peer group and to provide a comparative framework in terms of benefits offered. Our Benefits Survey includes data for over 85 organizations within Pakistan and covers around 20 policies/benefits covering statutory benefits, sales incentives and other perquisites at various tiers across a wide range of industry sectors. Mercer offers BPR through a state of the art cutting edge solution named as Mercer Benefit Monitor.
Client Sponsored Compensation and Benefits Survey
A client sponsored survey is provided where the client wants a quick comparison of selected benchmark positions with a chosen group of companies.
Client Sponsored surveys provide analysis on just about anything within a given industry, ranging from basic salary to an all inclusive benefits comparison. The methodology of this survey is developed by AbacusConsulting, keeping in view the local business environment and the best global practices.
Employee Engagement Survey (EES)
Employee Engagement surveys help employers measure and understand their employees' attitude, opinions, motivation, satisfaction and overall organizational climate. Research shows that employee turnover costs organizations a significant amount of money each year. By understanding the concerns of your employees through tools such as employee satisfaction surveys, companies are better able to implement policies and procedures that can improve retention.
We offer Mercer's exclusive services to conduct EES to our clients and help them deal with any or all of the above mentioned elements present in a given organization. EES can assess a number of key factors pertaining to the work environment, like Career Development, Performance Management, Training and Development, Ethics and Integrity, Leadership and Direction, and Compensation and Benefits etc.
Manpower Optimization Study
Our Manpower Optimization Model provides strategic approach for addressing present and anticipated workforce issues. AbacusConsulting accepts the fact that people are the most important asset and we recognize that all improvements, achievements and goals that are achieved by the organization come from having the right type, skills and competency of people at the right place and at the right time.
About Abacus Consulting
For almost 30 years, AbacusConsulting has been offering cutting-edge business solutions which enable organizations transform their aspiring Introduction to AbacusConsultingvisions into realities. The business value offered by AbacusConsulting has a deep scale, is industry focused and technology driven with a world class delivery capability. The aim is to help the clients realize their dream of being the market leader.
AbacusConsulting’s team specializes in establishing clear cut and explicit business strategies for all kinds of businesses. We can help our clients determine who can be a most valuable business partner, ensure a smooth and hitch-free merger, conduct business research for clients, offer environmental advisory services, implement SAP and train employees in the software. Furthermore, we assist our clients enhance their supply chain and other management models, outsource business processes, develop mobile and other applications for clients, and conduct all sorts of HR activities like organization design, restructuring, development, change management including a wide array of training activities. This, however, is only a small portion of what the Company is about; the next level is just the beginning. Our strengths include:
- Regional scale and offshore delivery capabilities
- Integrated services
- Deep industry expertise and knowledge of business processes
- Cutting-edge solutions and tailored service offerings
- Rich technology skills
- Strategic alliances with global business leaders
- Premier client list and experience
- Ongoing investment in innovative solutions, people development, and intellectual capital