Case: Salary benchmarking

6,993 views
6,641 views

Published on

Salary Benchmarking is the first step towards compensation rationalization, and is a key component of inTouch's Predictive Salary Analytic Practice

Published in: Business
1 Comment
6 Likes
Statistics
Notes
No Downloads
Views
Total views
6,993
On SlideShare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
0
Comments
1
Likes
6
Embeds 0
No embeds

No notes for slide

Case: Salary benchmarking

  1. 1. Case:Salary benchmarking for an American Design firm<br />
  2. 2. salary benchmarkingthe first step towards salary rationalization<br />What does my industry pay for the skills I need?<br />Are we paying – more, less or on par with Industry ?<br />How do we position ourselves in the job market?<br />My Industry<br />My Company<br />8/10/2010<br />2<br />Case: Salary Benchmarking Report - Jul 2010<br />
  3. 3. solution featuresscope, methodology & deliverables<br />8/10/2010<br />3<br />Case: Salary Benchmarking Report - Jul 2010<br />
  4. 4. A large American Design firm with Architectural-Engineering offices in India<br />Study involved estimating market salaries and benchmarking them against client’s salaries, for a set of job profiles<br />The Client & the assignment<br />8/10/2010<br />4<br />Case: Salary Benchmarking Report - Jul 2010<br />
  5. 5. Secondary Information study on compensation levels in the Architecture & Engineering industry in India<br />Primary data on Salary levels derived from job portals and candidate interviews<br />Analysis involved removal of outliers, computation of statistical averages & variances<br />Data & Analysis Methodology<br />8/10/2010<br />5<br />Case: Salary Benchmarking Report - Jul 2010<br />
  6. 6. Report snapshotsmedian salaries within a salary category<br />8/10/2010<br />6<br />MASKED<br />Case: Salary Benchmarking Report - Jul 2010<br />
  7. 7. Report snapshots where Client business scores<br />8/10/2010<br />7<br />MASKED<br />Case: Salary Benchmarking Report - Jul 2010<br />
  8. 8. Report snapshots benchmarking across job categories & cities<br />8/10/2010<br />8<br />MASKED<br />Case: Salary Benchmarking Report - Jul 2010<br />
  9. 9. Report snapshots Median salary & variance across profiles / cities<br />8/10/2010<br />9<br />MASKED<br />Case: Salary Benchmarking Report - Jul 2010<br />
  10. 10. Client benefits<br />Fact based & strategic reward structure<br />Client knows stance in the talent market<br /> & can modify positioning to attractrequired skills<br />Can budget for short& medium termstaffing needs andfor skills not acquired so far<br />Can bring salaries in line with market reality, retain talent and save money<br />8/10/2010<br />10<br />Case: Salary Benchmarking Report - Jul 2010<br />
  11. 11. More details & information:<br />Arun Prabhu inTouch analytics private limitedEmail: arun@be-in-touch.comPhone: +91-96202-71950<br />© 2010 inTouch analytics <br />

×