Ensuring you know market rates for job roles
Critical to attracting and retaining the best is knowing where the market is in respect of your key roles. It is not enough to ‘best guess’ the suitability of comparator groups and ‘similar roles’ which is why we offer a comprehensive external benchmarking service at both senior executive and operational levels.
Initially we focus on understanding your business in terms of size, geographical reach, markets and short/medium/long term strategy. We then analyse the job content of the posts to gain comprehensive understanding of the required roles. Working closely with you, we will assess which benefits you require to be benchmarked and to what level you want the data delivered.
To provide benchmarking that truly reflect your requirements, our service includes:
- UK & international
- Comparator group analysis
- Role analysis
- Benchmarking questionnaire design
- On-line collation of data
- Full comparison of roles using total pay information including base and specified benefits
- Market comparison reports
- One off job pricing
- Pay modelling and recommendations