Napthens People Projects have developed a Benchmarking Support service which enable a business to outsource an entire benchmarking project, our professional accredited People Consultants have access to salary data from over 1 million employees to support accurate results. Simply provide us with information about the role you would like to benchmark, such as a job description and we will do the rest.
We can even filter down to include locality, company size and skill level, ultimately providing you with insight that you know is relevant, reliable and up to date.
In addition, if you would also like to know some of the other benefits which are typically offered by employers, and at what level, such as average company car allowances, pension contributions, bonus payment rate we can provide an increased level of insight in this area.
Undertaking a benchmarking activity can help employers to understand where they are in the marketplace, ensuring competitiveness and fairness.
The bad news is that the process of benchmarking can be fraught with difficulties due to the lack of readily available data and is often resource intensive. The more data you have to compare the better the benchmarking exercise will be.