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Compensation Benchmarking

A companion to the Competitive Challenges Scorecard, the Compensation Benchmarking Data reports salary, bonus, and long-term incentive ranges for individual position titles throughout your firm. The report is organized by department to allow for quick and easy reference. Each position has unique codes within our database, which will stay static each year. Participants can match these position codes to internal spreadsheets and databases with confidence. This will allow your firm to easily continue the input process each year to ensure your employees are fairly compensated, and in turn, motivated.

See the compensation practices of your competition and how this compares to your firm's own compensation structure and which components of employee compensation hold the most weight in overall compensation.

All participating firms have access to the compensation position data, but only those firms who subscribe to plus or premium services are able to work directly with Competitive Challenges consultants to help interpret the information. In addition, it is important to see what portion of your overall firm operating expenses are comprised of salary and how that compares to the market standard for firms with varying product focus.

The advantage of using Competitive Challenges for Compensation Position Benchmarking over other services is its unique ability to be combined with the business management metrics available in the overall survey.





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