Ensuring long-term success through salary benchmarking

What is salary benchmarking?

The employment market is evolving rapidly. With hybrid working, flexible hours, an increasing variety of benefits and changes to employment law, it can be a challenge to keep up.

Salary benchmarking enables you to compare your salary and benefits package to others in the market. This process is crucial for aligning your team’s salaries with market value, which in turn helps retain your top performers, as well as enabling you to attract fresh talent in a highly competitive and tight market.

Our process

With over 35 years’ experience and data from over 21,000 candidates and 3,000 businesses in the South West region, we have a unique insight and can conduct highly accurate salary benchmarking to improve your proposition for both existing employees and potential hires.

We conduct reviews of job descriptions, job titles, company sizes and employment packages to see how these compare in the region. We gather data from various sources, using our own robust database, salary surveys, as well as paid-for tools to give you a comprehensive view of your offering.

Staying competitive in an evolving market can be a challenge. Let us make it simple and save you valuable time, so that you can focus on growing your business.

Why it matters for your business

Being open and transparent with salaries and benefits increases trust and boosts morale long term. This process will allow you to maintain employee satisfaction and reduce employee turnover.

Conducting salary benchmarking can be a time-intensive process, requiring you to use paid-for databases and tools, along with the valuable time of your team. Not all roles are created equal, and varying responsibilities, locations and skillsets can skew results.

We capture the latest salary and benefits data through horizon scanning, using our expert insight to advise and support businesses like yours across the region.

Get in touch

Tap into our extensive experience and local market knowledge to stay competitive in an evolving South West employment market. Get in touch now to find out how we can help.