Why benchmarking salaries matters

It’s important to benchmark your organisation’s salaries for multiple reasons – like being able to attract the best talent, optimising your employees’ performance and productivity, and knowing how to retain your staff. We’ve discussed what salary benchmarking...

What is salary benchmarking?

Salary benchmarking is about comparing your organisation’s salaries to similar roles in different companies, usually factoring in which industry you’re in. It’s a way of understanding if you’re offering the right compensation. Money makes the world go round....