Knowing the reward market in which your organisation operates, what competitors are paying and the ways in which they structure those payments are all critical to ensuring that your pay bill is deployed most cost effectively. These surveys should include:
- Base pay
- Bonuses and other incentives
- Terms and conditions including e.g. hours and holidays
since all can go to make up a significant part of the remuneration package.
It is critical – whether the survey involves research into secondary (published) sources or is a true survey of primary sources, that survey data is matched closely to the size and nature of jobs in your organisation. We take the time to assess job size to make the matches most relevant to your needs.