Whitepaper: How to perform salary benchmarking

With demand for skills at a premium, it’s even-more important organisations have the right market intelligence in place to enable them to set the right reward and salary strategies.

How to perform salary benchmarking 1

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)

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