We assist in designing and optimizing payroll structures to enhance employee retention and ensure a competitive compensation framework. Additionally, we deliver critical data-driven insights to guide strategic decisions on production expansion, taking staffing costs and workforce availability into account.
By leveraging up-to-date salary data from regional and micro-regional employers, we provide a clear picture of current pay levels and industry benchmarks. Our salary benchmarks help identify key factors affecting a company's appeal to potential candidates and the retention of existing employees. Moreover, it uncovers underlying causes of turnover, enabling businesses to refine their compensation strategies for long-term stability and growth.
Methodology and content of the salary survey
Why a salary survey is essential for your compensation strategy.
Additional analyses we can provide:
- Regional Comparisons: A detailed analysis of labor market trends and conditions across different regions.
- Education Market Insights: Forecasting graduate availability and the capacity of educational institutions to meet labor market demands.
- Workforce Availability by Regio: Identifying where the highest supply of skilled workers in high-demand occupations is located.
- Trends in Salary Expectations: Tracking how candidates‘ salary and benefit expectations evolve over time.
- Competitor Hiring Strategies: Analyzing wages, benefits, and employment conditions that other companies use to attract talent.
- Regional Working Conditions: A comprehensive comparison of not just pay and benefits but also working hours, overtime policies,
- and career growth opportunities.
- Employer Appeal Analysis: Identifying which companies attract candidates and the key factors behind their success.
Contact us, we will be pleased to prepare an offer tailored to your needs: