Salary benchmarking – Enable your leaders to make more informed decisions

Having market intelligence as well as a good understanding of where your organisation sits in relation to the market is essential in order to set an effective reward strategy. This will enable you to recruit new employees at the right salary and ensure you are rewarding your existing employees appropriately in order to retain your key talent. 

With a wealth of information available for free through recruitment agencies and online forums, employees are more informed than ever about market rates of pay for their roles. In order to compete for talent and retain key people in the long run, your organisation must not only develop fair and market competitive salary ranges but review them on a regular basis to ensure you are keeping up with the market.

Our short 2-minute video gives a brief summary on how to perform salary benchmarking

For more information, download our whitepaper on how to perform salary benchmarking here.  

Associated Supplier

Read the next article

Sponsored By

Topic Categories

Related Articles

Five steps to better pay benchmarking

Big data & pay benchmarking - what do they have in common?

Sponsored Articles

Editor's Picks

How to outsource pensions management – a case study

Join our community


Sign up for REBA Professional Membership and join our community

Professional Membership benefits include receiving the REBA regular email alert, gaining access to free research and free opportunities to attend specialist conferences.

Professional Membership is currently complimentary for qualifying reward and benefits practitioners. 

Join REBA today