cro industry global compensation & turnover survey overview · 2018. 11. 14. · labor market...

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CRO Industry Global Compensation & Turnover Survey Overview The CRO Industry Global Compensation & Turnover Survey focuses on the clinical research outsourcing industry and provides comprehensive compensation and employee turnover data for over 200 jobs in the U.S. and in over 50 countries around the world. It includes an extensive policy and practice section covering compensation plan design, benefits, allowances, and perquisites. The survey is designed by industry-leading human resources professionals and continues to be updated to meet the ever changing needs of this dynamic and global industry. The CRO Industry Global Compensation and Turnover Survey is entering its twenty- first consecutive year. It continues to have excellent participation with over 25 CROs from around the world participating annually. PAST PARTICIPANTS X Acurian, Inc. X Atlantic Research Group X BioClinica, Inc. X Celerion X Chiltern (now owned by Covance) X Clinipace X Covance X CTI Clinical Trials and Consulting Service X Duke Clinical Research Institute (DCRI) X Harvard Clinical Research X ICON X INC Research (now Syneos Health) X inVentiv Health / PharmaNet (now Syneos Health) X MCRA X Medpace X MPI Research X NAMSA X NEOMED-LABS X Novotech X Ora Clinical Research X Parexel X Path NGO X PPD Inc X PRA Health Sciences X ProTrials Research, Inc. X PSI CRO X Quanticate X Quintiles (now IQVIA) X ResearchPoint Global X Rho, Inc. X Robarts Clinical Trials X Sarah Cannon Research X Synteract Inc. X Syneos Health X Theorem Clinical Research (bought by Chiltern) X TKL Research X United Biosource – Express Scripts X UHG – Ingenix (now Optum360) X Westat X Worldwide Clinical Trials

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CRO Industry Global Compensation & Turnover Survey Overview

The CRO Industry Global Compensation & Turnover Survey focuses on the clinical research outsourcing industry and provides comprehensive compensation and employee turnover data for over 200 jobs in the U.S. and in over 50 countries around the world. It includes an extensive policy and practice section covering compensation plan design, benefits, allowances, and perquisites. The survey is designed by industry-leading human resources professionals and continues to be updated to meet the ever changing needs of this dynamic and global industry.

The CRO Industry Global Compensation and Turnover Survey is entering its twenty-first consecutive year. It continues to have excellent participation with over 25 CROs from around the world participating annually.

PAST PARTICIPANTS XX Acurian, Inc.XX Atlantic Research GroupXX BioClinica, Inc.XX CelerionXX Chiltern (now owned by Covance)XX ClinipaceXX CovanceXX CTI Clinical Trials and Consulting ServiceXX Duke Clinical Research Institute (DCRI)XX Harvard Clinical ResearchXX ICONXX INC Research (now Syneos Health)XX inVentiv Health / PharmaNet

(now Syneos Health)XX MCRAXX MedpaceXX MPI ResearchXX NAMSAXX NEOMED-LABSXX NovotechXX Ora Clinical Research

XX ParexelXX Path NGOXX PPD IncXX PRA Health SciencesXX ProTrials Research, Inc.XX PSI CROXX QuanticateXX Quintiles (now IQVIA)XX ResearchPoint GlobalXX Rho, Inc.XX Robarts Clinical TrialsXX Sarah Cannon ResearchXX Synteract Inc.XX Syneos HealthXX Theorem Clinical Research

(bought by Chiltern)XX TKL ResearchXX United Biosource – Express ScriptsXX UHG – Ingenix (now Optum360)XX WestatXX Worldwide Clinical Trials

SURVEY DETAILS & TOPICS Comprehensive Compensation Intelligence

XX Actual base salary

XX Annual incentive eligibility

XX Annual incentive type (including corporate and sales incentives)

XX Target incentive

XX Actual incentive paid

XX Total cash compensation (target and actual)

XX Long-term incentive eligibility and projected value

XX Total direct compensation

Jobs Covered

XX 217 benchmark job titles

XX Technical, Managerial and Executive jobs in 18 job families - Biostatistics, Business Development, Clinical Pharmacy, Clinical Research, Database Management, Medical Affairs, Medical Writing, Nursing, Pathology, Patient Recruitment, Quality Assurance (Clinical), Regulatory, Safety/Pharmacovigilance, Site Start-up, Site Operations, Site/Study Contract Management, Technicians, and Toxicology

Employee Turnover Rates

XX By key job families

XX U.S. and globally

XX Voluntary and involuntary

Special Analysis

XX U.S. geographical pay differentials

XX Early stage and late stage

Pay, Benefits, & Perks

XX Annual incentive plan design

XX Long-term incentive plan design

XX Business development/sales compensation plan design

XX Talent attraction and retention bonuses

XX Benefit plan design and prevalence

XX Perquisite prevalence

XX Allowance prevalence

XX Prevalence of other compensation arrangements such as deferred compensation, employment contracts, change-in-control, and severance agreements

SURVEY COST & HOW TO PARTICIPATETo participate, complete and return the survey registration form. Cost is $3,500 for the United States plus one additional country. Global results are available at a cost of $395 per country, to a max of $3,250 for data reported on all countries. Results are only available to participants. Contact Judy Canavan, Compensation & Benefits Managing Director, Global Employer Services, at 215-636-5635 or via email at [email protected] with any questions.

SURVEY TIMEFRAMEXX Questionnaires Distributed: March 15

XX Completed Questionnaires Due: April 30

XX Report Publication: September/October

XX Talent Management Round Table: December

“The CRO Industry Global Compensation & Turnover Survey provides thoughtful, unique and highly credible information, covering a niche in healthcare and the life sciences industries that is simply not captured effectively through another survey resource. Participating in this survey allowed us to equip our management team with timely information to support fair and competitive pay practices as part of a critical talent retention strategy. Participating in a forum that welcomes creative thinking, is open to new ideas, and is highly responsive in the competitive CRO Labor market has been invaluable in managing the firm’s compensation and retention strategies.”

KIM M FUCHS Formerly Senior Director, Corporate Human Resources, TKL Research Inc.

CRO INDUSTRY GLOBAL COMPENSATION & TURNOVER SURVEY OVERVIEW 2

COUNTRIES COVERED

XX Argentina

XX Australia

XX Austria

XX Belgium

XX Brazil

XX Bulgaria

XX Canada

XX Chile

XX China

XX Colombia

XX Costa Rica

XX Croatia

XX Czech Republic

XX Denmark

XX Egypt

XX Finland

XX France

XX Germany

XX Greece

XX Hong Kong

XX Hungary

XX India

XX Indonesia

XX Ireland

XX Israel

XX Italy

XX Japan

XX Jordan

XX Kenya

XX Lebanon

XX Malaysia

XX Mexico

XX Netherlands

XX New Zealand

XX Norway

XX Peru

XX Philippines

XX Poland

XX Portugal

XX Romania

XX Russia

XX Serbia

XX Singapore

XX Slovakia

XX South Africa

XX South Korea

XX Spain

XX Sweden

XX Switzerland

XX Taiwan

XX Thailand

XX Turkey

XX Ukraine

XX United Kingdom

XX Vietnam

CRO INDUSTRY GLOBAL COMPENSATION & TURNOVER SURVEY OVERVIEW 3