Whitepaper: How to perform salary benchmarking
To solve this, 3R Strategy, has produced a whitepaper aimed at ensuring employers have just this.
Its latest whitepaper discusses the need for up-to-date market data, how to challenge recruitment salary data, and how jobs can be best mapped onto and matched to that data.
It finds:
- Most salary surveys tend to have a job-levelling structure, and so special attention needs to be paid to this
- The simplest and most effective way to present data is by showing the compa-ratio for each employee (and how to calculate it)