From the inception of banking to the current day, the Italian market has always been a consistent provider of financial services expertise. In recent years McLagan's coverage of Italy has expanded considerably and McLagan can now provide insight and benchmarking on productivity, compensation levels and practice, as well as compensation advisory.

Compensation Benchmarking
Results from this study include full compensation results, analysed by division and level, for all roles within typical financial services institutions (Banking/Capital Markets, Infrastructure, Private Banking, Investment Management, Private Equity).

Participants
The 2008 survey included over 54 of the leading financial services firms doing business in Italy.

Business & Financial Trends
Performance data from league tables, analysis of the top European and American financial institutions, key economic indicators for key countries is presented, along with analysis on where business appears headed in the future.

Newly introduced services in Italy

• Productivity Report: takes revenue, cost and headcount and compares one firm’s performance against its peers at a granular level.

• Top Management Study: benchmarks and analyses compensation data for top management only.

• Severance Practice Study: assess how firms handled severance packages, including salary, bonus, long-term awards, benefit packages and accounting treatments. (Also includes loan administration and garden leave)
  Retail Banking Compensation Survey: follows the same concept as Compensation Benchmarking but focusing on Retail.