Regular Compensation & Benefits Leaders Group Meets for Quarterly Trends Discussion

Hosted by: AstraZeneca

The Chapman Consulting Group were delighted to co-host a lively C&B Directors Q2 Market update with AstraZeneca last week. Jenny Teo, Regional Rewards Head of AstraZeneca, hosted the session. The session brought together over 30 C&B leaders with APAC (and in some cases International) remit. Representatives attended from a variety of companies, including Hilton, Hitachi, Energizer, Abbott Labs, BHP Billiton, Deutsche Bank, Aviva, GSK, Singtel, Microsoft and many more.

Having a broad mix of attendees from banking, pharmaceutical, consumer goods, hospitality and technology industries served to help spark plenty of idea sharing. Matt Chapman, CEO of The Chapman Consulting Group, chaired the session and outlined the latest C&B trends since the last gathering in January. Bonus payments, 2012 budget confirmation and reduced demand in the financial services space has slowed things down. C&B talent remains in short supply around the region and C&B Leaders are having to be very creative to build their teams.

More leaders are thinking about inter-Asian movements of C&B talent (so switching high potential C&B talent out in the countries into the regional locations for development). Other leaders are asking for external European and Australian/NZ talent to relocate into Singapore (ideally on local terms). The group debated mobility strategy, expat transition challenges (from expat packages to local remuneration) and had contrasting views on total reward management from industry to industry.

The next meeting of the group will take place at GlaxoSmithKline (GSK) and will be hosted by Lynette Ng, Global Rewards Lead) for GSK.


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Key Contributors:

Matthew Chapman

Non-Executive Chairman

Global Management
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Global Management

Matthew Chapman

Non-Executive Chairman

Matthew (Matt) Chapman is the Founder of ChapmanCG. Matt oversees ChapmanCG’s future strategy, innovation and image across the globe. He also personally provides HR search and career counsel to HR leaders whose careers have grown alongside ChapmanCG — some of whom are now the biggest HR names in the world.

Matt has a Bachelor of Commerce in Accounting and Business Law from the University of New South Wales, Australia. He is a Singapore Citizen and divides his time between Asia Pacific, the Americas and EMEA.

Matt is a wellness, self-improvement and fitness addict. He has completed six desert, 250km ultra-marathons in Chile, China, Egypt, Antarctica, Namibia and Madagascar.

EA Registration Number: R1111550 Licence Number: 08S3543

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