We asked Swiss employers about trends, challenges and priorities in today’s increasingly digital economy.
Running for the first time this year, KPMG’s Compensation & HR Management Survey examines HR and compensation priorities at Swiss companies. We asked leading HR professionals at Swiss firms about compensation trends emerging from developments like digitalization, good governance, diversity and globalization.
Our analysis shows digital transformation to be a driving force behind change in the HR landscape. It’s reflected not only in the growing place of technology in daily HR business management, but also in the escalating demand for tech-savvy employees. Some respondents are even considering the use of cryptocurrency in incentive programs.
The companies polled expect salaries to remain largely static. Only employees with specialist skillsets or in international roles can expect modest increases. As part of a general focus on talent retention and attraction, companies are seeking cost-effective ways to enhance existing compensation structures. An obvious approach could be to optimize current remuneration from a tax point of view. So it’s surprising that more than a quarter of respondents do not consider their compensation to be structured tax-efficiently and around a third had not sought tax rulings on their equity-based compensation components.
Our selected survey insights are a useful starting point for HR practitioners as they navigate compensation decisions and planning for 2019.
Download the results as PDF: