Microfinance Focus Announces Compensation & Benefits Survey

January 7, 2010 Posted by Media Exposure

Second Annual ‘Unitus-Hewitt Microfinance Compensation & Benefits Survey’ Announced on Microfinance Focus

From Microfinance Focus, Unitus announces 2nd ‘Microfinance Compensation & Benefits Survey’ for Indian MFIs.

“Jan. 7, 2010: Microfinance funding and consultancy firm Unitus has announced the second annual Unitus-Hewitt Microfinance Compensation and Benefits Survey.
Open to microfinance institutions throughout India, the survey is a successor to the 2009 Benchmarking study that provided participants with valuable insights into their operations and was identified as a key industry HR initiative in “Microfinance India: State of the Sector Report 2009.”

“The 2009 survey allowed us to add a key layer of understanding about the best practices in rewarding staff to our already strong HR Advisory practice,” said Unitus VP and India Country Director Ganesh Rengaswamy. “In 2010, we plan to take this initiative to the next level by expanding the assessment and by combining the survey results with our understanding of the microfinance space, the progressive practices of other industries, and an overall technical expertise in the space of compensation and benefits.”

The study will evaluate MFIs across India on key measures of compensation and benefits, including benchmarking of 25 key positions across eight organizational levels, and study 10 popular non-cash benefits like loans, insurance, incentives/bonus, leave, travel policy, ESOPs, reward and recognition, said a statement. Following the survey, participants will receive customized reports and an opportunity to participate in an implementation workshop to discuss results and recommendations.”

Read the full article on Microfinance Focus

Learn more about the Unitus-Hewitt Microfinance Compensation and Benefits Survey