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Salary data can help you modernize your total rewards programs and practices to successfully attract and retain business-critical talent. Responding to and solving these challenges requires you to have a strong salary survey partner that delivers the timeliest, most credible data on the market.
Benchmark compensation data based on job, location, industry, and organization size and access a robust salary survey database. Generate the market index by comparing the salary survey mean to the actual salary paid. Use market salary data to plan salary increases by incentive amount or percent increase.
Benefits and prevalence policies. A summary of organizations’ remuneration policies, which include salary budget forecasts, compensation mix by employee groups, short-term and long-term incentive global an local practices, as well as benefits.
Access compensation surveys through Korn Ferry Pay in three easy steps. See our survey schedule here to learn about upcoming data submission dates in order to participate. Instant access. Easy upload. Comprehensive analysis. Let us be part of your success story.
Benefits from Korn Ferry’s Pay data: Regional Salary Surveys: Evaluate and adjust salaries based on regional cost-of-living variations. Ensure fairness in your salary benchmarking approach. Industry-Specific Insights: Discover ideal salary ranges tailored to your industry and experience levels.
10 Οκτ 2023 · A key solution lies in salary benchmarking — using aggregated market data to establish competitive pay rates. Recent research in collaboration with a leading U.S. payroll processing company...
Create a clear process and timeline for completing your salary survey submission: Ensure you compile the incumbent compensation data (including salary, bonus, incentives and so on) and organization data (including revenue, number of employees and industry) for all selected benchmarks and talent markets; Complete all requested information
