CHiPS Professional & Managerial Total Compensation Survey

In This Section:

1) About the Survey 2) Survey Reports 3) Steering Committee 4) Participants 5) Request Information 6) Sign Up Now!

ABOUT THE SURVEY
The CHiPS Professional & Managerial (P&M) Total Compensation Survey is the longest running survey of its kind. CHiPS is led by a Steering Committee of companies and is managed by Pearl Meyer & Partners, an information technology human resources consulting firm.

The survey covers all positions (FLSA exempt and non-exempt) other than executive and sales positions. All components of the total compensation package are provided giving you the information needed to analyze your competitive position and compensation mix from a total compensation perspective.

Our survey objectives are to:

• Provide the highest quality compensation and benefits information available anywhere.
• Include the benchmark competitors our clients need.
• Provide the best value proposition.
• Offer a survey experience that is as easy as possible.

DATA REPORTED
The CHiPS P&M survey is the most comprehensive total compensation survey currently available. No other survey provides total compensation data on as broad a group of positions. In addition to base salary information, the CHiPS survey reports eligibility rates, participation rates, and dollar values for each of the following elements of compensation:

• Short term incentives, including annual bonuses, lump sum merit bonuses, team-based incentives, recognition awards, and gainsharing awards.
• Cash profit sharing.
• Long term incentives including Stock Option Awards, Stock Price Based Awards, and Non-Stock Price Based Awards.

The CHiPS P&M survey also provides extensive policies and practices reports covering all of the most important HR practice areas on which you need regular and current information. Including:

• Policies and Practices, such as merit budgets and structure adjustments, compensation policies, benefit programs, short and long term incentive programs, and perquisite practices.
• Detailed information on the prevalence of benefits programs and features including health, welfare, retirement, and capital accumulation plans.
• Perquisite prevalence information covering cars, computers, wellness programs, subsidized cafeterias, etc.
• Paid time off plan information covering vacation, holiday and sabbaticals.

Data is reported for all companies combined as well as for 7 industry groups, including:

• Computer / Peripheral / Storage / Components
• Semiconductor / Semiconductor Equipment
• Software / Internet
• Communications / Networking Hardware
• Tax Exempt / Government Chartered / Defense
• Telecommunications Services
• All Other

COMMITMENT TO QUALITY
Providing participants with the highest quality total compensation information is a key objective of the survey team. To ensure we meet this objective, we have implemented a rigorous quality assurance process that includes:

• Job matching guidelines that contain clear and concise job descriptions, level guide matrices, education and experience profiles, typical population distributions, and scope definitions.
• An annual Total Remuneration Conference that includes detailed job matching sessions as well as current and innovative human resources content. Annual participation in this meeting is strongly encouraged in order that the CHiPS Surveys continue to provide the highest quality data available anywhere.
• Survey Account Manager review of participant input using a series of statistical quality assurance programs. Your survey responses are analyzed to identify potential matching discrepancies, and a Quality Assurance Report is forwarded to you early in the process for your review. Your Account Manager is available to review and discuss your Quality Assurance Report.

High quality and extraordinary client service have been the keys to our success.

POLICIES AND PRACTICES
The CHiPS P&M survey provides in-depth policy and practice information on a wide range of compensation and human resource programs. Competitive practices are summarized by primary industry and geographical location. Topic areas covered include:

Compensation Practices:

• Organizational Information
• Salary Administration
• Cash Incentives - Annual Short Term Incentive Program
• Cash Incentives - Individual Incentive Program
• Cash Incentives - Spot Bonuses
• Cash Incentives - Achievement Awards
• Cash Incentives – Other Programs
• Long Term Incentives
• Perquisites
• Various Work / Life Initiatives