SLASSCOM launches Compensation and Benefits Survey 2019

The Sri Lanka Association for Software and Services Companies (SLASSCOM) together with PricewaterhouseCoopers (PwC) will launch the SLASSCOM Compensation and Benefits Survey for the year 2019 at an industry event planned for 21 June.

This report will provide an in-depth analysis of the emerging human resource management trends and practices in the Sri Lankan IT and BPM sector whilst providing a comprehensive analysis of the compensation strategies along with the employee attraction, retention and engagement strategies adopted by the industry. The report will also provide a skill based analysis of common skills identified to provide an understanding of the variance in pay associated with such skill sets.

The comprehensive compensation and benefits analysis will be carried out covering 150 job positions across a wide range of job families, representing the practices and perspectives of a variety of small, medium and large IT and BPM companies. The report provides the statistical analysis of the market mean, median and percentiles for job positions in the IT and BPM sector, thereby providing the opportunity for effective forecasting and positioning. The report will also cover graduate salary scales of select job positions to provide a benchmark to the entry level salary scales in the IT/BPM sector in Sri Lanka. 

Responding to the survey is free of charge and discounted rates are offered to the companies who participate in the survey when purchasing the report. In addition, SLASSCOM member companies enjoy a further concession on the pricing. The survey will commence from 21 June and the final report will be available for purchase in November 2019.

Companies in the IT/BPM industry who are interested to take part in the survey are invited to join the initial briefing meeting with PricewaterhouseCoopers (PwC) on Friday, 21 June from 10 a.m. to 11:30 a.m. at the Auditorium, Hatch Works, No. 14, Sir Baron Jayathilake Mawatha, Colombo 1. Please confirm the participation of your company for this meeting before Wednesday, 19 June by emailing to [email protected].

The IT/BPM industry is recognised as a thrust industry within the National Export Strategy (NES) as is promoted globally as the ‘Island of Ingenuity’ for world-class knowledge solutions. The industry goal is to reach $ 5 billion by 2022, powered by over 200,000 skilled jobs in the industry, along with a thriving ecosystem for startup companies.