Evidence-based decision making

Salary and reward
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evidence-based insight relative to your company and the skills you employ.

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Salary benchmarking

What We Offer

In order for business leaders to create competitive and affordable salary and reward packages, we provide role specific data and insights which highlight trends at skill, sector, geography and company level providing you with more relevant information than generic salary survey reports.

Our blend of macro and micro data analysis enables you to benchmark more effectively through the utilisation of evidence-based insight relative to your company and the skills you employ.

Research Methodology

Cogito’s research team will collate relevant remuneration data from previously completed projects and industry contacts. This primary data will then be combined with open-source data points, including other published salary surveys and data collected from industry bodies.

We will also conduct calls on spotlighted roles and those that may have flagged some nuances.

Reports

Cogito will present the salary and reward benchmarking report, including all relevant remuneration information.

 Market remuneration analysis includes averages by role, distributions of salaries and a breakdown of your market position and competitiveness by percentile. This detailed analysis allows you to understand better how your proposition, in terms of pay, fits within candidate expectations and other employers’ offerings. 

Salary And Reward

PERIODIC QUARTERLY REPORTS
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real-time analysis every month.

ONE-OFF REPORTS TURNED AROUND IN 24 HOURS

STRATEGIC REPORTS

Salary benchmarking

Job Role Benchmarking

We will create a point of reference against which your roles can be compared and assessed.  We will analyse existing jobs, utilising your internal documents and provide consultative feedback to create a matrix of skills, experience and competencies from which we conduct internal and external benchmarking.

Our ability to interpret your information and gather competitor role intelligence ensures that you can create job roles and job descriptions which underpin business goals and recruitment, development and performance review workstreams.

 

Choose Your Level Of Report

Insights To Help You Win The War For Talent.

With Our Salary Benchmarking Insight, You Can:

  • Identify the strengths and weaknesses of your organisation’s salary structure, enabling you to create an accurate profile of your company.
  • Save time and money with accurate data.
  • Compare your salary offerings to your competitors.
  • Take what is working across the industry and apply it to your business.
  • Make evidence-based decisions upon salary budgeting.
  • Compare the salaries across the market and similar industries.
  • Adjust your salaries accordingly.
  • Highlight performance measures and processes.
  • Attract new talent.
  • Implement improvements.
  • Improve employee retention.
  • Enable equal opportunities.

What To Do With The Data?

You now know the facts, but how do you produce a robust, meaningful plan to shape your future people strategies that align with your business goals?

Kelly Anderson

Kelly Anderson

Business Development Executive

Kelly is our expert in supporting our clients to use the data to develop robust people strategies, pay frameworks and benefits packages.

She has led international HR teams during her career as a board level leader within the private sector. Her experience ranges from developing and implementing people strategies, to the more specialised elements of cultural change, reward and pay frameworks, organisational development, scale-ups and M&A diligence and integration.

Kelly has worked and continues to work with leading companies on reward projects including total reward frameworks, flexible benefits implementation, job evaluation, incentive scheme designs and benchmarking.

She is acknowledged by peers as a thought leader in the area of pay and reward, creating innovative strategies and solutions to support organisations in the attraction and retention of employees. She pushes boundaries to implement contemporary solutions and speaks at industry events on these areas.

KellyAnderson@cogitotalent.com

salary benchmarking blog

Salary Benchmarking: How To Attract And Retain Top Talent

There’s no doubt that salary and reward benchmarking is an essential component of any business strategy. In today’s competitive candidate market, and with salaries on the rise, no one wants to lose their best employees to better offers and packages from their competitors. Crucial to any talent retention strategy, it aims to understand what other companies are paying for similar roles to ensure that businesses can ensure that they are offering a fair wage to their employees. In a nutshell, the concept aims to compare what pay and benefits are provided by your competitors. It also allows a business to see how competitive they are within their marketplace.

Get In Touch

We would love to set up a call to understand your recruitment needs and chat through our services in more detail.

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