You get valuable information on industry salaries or salaries from specific companies of interest, giving you up-to-date data on employee earnings for effective HR management.
Why is this research valuable?
For Managers:
- How can I offer competitive pay?
- Which employees deserve a salary increase?
- What are the current labor market trends?
- How can I optimize the company’s budget?
For Business Owners:
- What is the appropriate salary range for my employees?
- Am I overpaying or underpaying?
- What bonuses can I offer to attract top managers?
- What expenses should I anticipate in a startup?
For HR Managers:
- How can I retain valuable employees?
- How can I reduce personnel costs?
- Where can I find reliable industry salary data?
For Managers:
- How can I offer competitive pay?
- Which employees deserve a salary increase?
- What are the current labor market trends?
- How can I optimize the company’s budget?
What do you gain from this research?
- Informed Decisions: Make management decisions based on accurate, relevant, and trustworthy information.
- Attraction Tools: Gain an effective instrument for attracting and retaining talent.
- Market Understanding: Understand how competitors structure their compensation and bonus systems.
- Brand Development: Use information to create an appealing HR brand and competitive employment offers.
Types of Salary Benchmarking and Compensation Review
- Brief: A list of job descriptions with corresponding monthly salaries for each position.
- Full: A comprehensive list that includes job descriptions, monthly salaries, compensation types, bonuses, benefits, and the social packages of surveyed companies.
- Detailed: An extensive report that includes job descriptions, monthly salaries, compensation types, bonuses, benefits, social packages, labor market trends by region, sector, industry, and additional information on the companies studied.
Note: Positions have a complexity adjustment factor ranging from 1.1 to 4.5, depending on the position, the industry under review, and the company’s confidentiality requirements. Pricing is negotiable for studies involving 15 or more positions.
What are we analyzing?
- The companies you’ve selected;
- The competitive environment;
- Your industry and field of activity;
- The labor market in your region.
Who conducts the research?
A company specializing in labor market analysis, employee search, and intelligence
Where do we obtain information?
- Conducted surveys and interviews;
- Statistical data;
- The company generated a database of job seekers;
- Business connections within the industry;
- Company reports;
- Insider information;
- Job sites, professional forums, and communities;
- Restricted sources.
What makes our research unique?
- We consistently find the information you need;
- We rely on factual data;
- We provide reliable information;
- We utiliz e sources that are not accessible to others.
Benefits of the research include:
- Attracting and retaining top employees;
- Optimizing personnel costs;
- Gaining insider information about competitors;
- Estimating startup costs;
- Building an effective employee motivation system.
The research includes:
- Salary information for competing companies;
- Types of compensation, bonuses, and benefits by position;
- Structure of the social package in selected companies;
- Description of the responsibilities for the positions studied;
- Recommendations from labor market experts.