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WorldatWork Forms Strategic Alliance with Worldwide Compensation, Leader in Global Compensation Solutions
Publish Date : 1/8/2008 4:37:00 AM   Source : World News Onlypunjab.com

WorldatWork, an association of human resource professionals from FORTUNE 500 and other leading organizations worldwide, today announced it has formed a strategic alliance with Worldwide Compensation (WWC) to provide its members with research, information and tools to create global rewards strategies in harmony with local practices. WWC is the leading provider of the Global Rewards Library, a comprehensive library of global rewards practices accessible to subscribers online in an easy-to-use format.

The alliance furthers WorldatWork’s strategy to provide its members with the resources they need to attract, motivate and retain talent in a global economy. WorldatWork members now have exclusive access to a database of thousands of documents on global rewards practices from around the world at no additional cost.

WWC’s Global Rewards Library contains information related to social benefits -- pension, medical, unemployment, family allowances -– for 170+ countries.

For select countries, country overviews are available, including population, wage, currency, economic indicators, and pay component. Up-to-date information is available related to labor law, equity and supplemental / prevalent benefit plans, and data privacy requirements.

Anne Ruddy, president of WorldatWork, said, “WorldatWork endeavors to provide its members with services that will help them stay abreast of current, best-in-class compensation, benefits and HR practices from around the world. WWC is considered the gold standard in global rewards information. They bring ease, efficiency and valuable information to the global rewards design process.”

John Halloran, CEO of WWC, commented, “WorldatWork shares our vision of de-mystifying global compensation by providing information from many emerging countries like China, India, Brazil, Argentina, Greece, Czech Republic, Russia, Egypt and Saudi Arabia in addition to European Union countries. We look forward to working closely with WorldatWork in meeting the needs of HR professionals for current, up-to-date information."

About WorldatWork®:
The Total Rewards Association

WorldatWork (www.worldatwork.org) is an association of human resource professionals from FORTUNE 500 and other leading organizations worldwide focused on attracting, motivating and retaining employees.

Founded in 1955, WorldatWork provides practitioners with training and education to effectively design and implement strategies and practices in total rewards, including compensation, benefits, work-life, recognition, and career development. With offices in Scottsdale, Arizona and Washington, D.C., WorldatWork supports its 30,000 members and professionals in 75 countries with thought leadership, publications, research and community. WorldatWork administers certification through the WorldatWork Society of Certified Professionals.

About Worldwide Compensation, Inc. (WWC):
Worldwide Compensation helps global companies achieve better business performance by rewarding their critical talent worldwide. WWC combines both global data and global transactions for performance driven total compensation for the global workforce. WWC enables global companies to localize compensation while retaining centralized financial control over total compensation investments. The result is that companies are able attract, align, and retain local talent while at the same time maximize their overall total rewards investments.



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