We support organizations in conducting compensation analysis to attract and retain high-performing people.
What this might look like for your organization…
W&G can conduct a competitive market analysis of your compensation offerings by:
- Completing a discovery of your current compensation offerings by reviewing existing compensation practices, job descriptions, employee data, market data and any analysis completed to date.
- Providing market pay information for positions based on location, industry and revenue size.
- Recommending third-party compensation survey providers based on your competitive landscape, hiring and retention strategy.
- Matching roles to third-party market surveys.
- Completing a robust compensation market review (base, bonus and equity) to determine market competitiveness based on role, industry, level, geography etc.
- Preparing and presenting the summary of findings of market competitiveness.
- Providing recommendations on compensation increases and approach to compensation decisions.
- Providing analysis on gender pay within market analysis to flag areas of opportunity or areas that require further analysis.