Make sure your salaries measure up to your talent
Amongst employees, remuneration is one of the biggest motivators when they are considering a new role. Most employers find it difficult to identify the market rate for a particular skill set, making it extremely challenging to hire new talent and retain existing individuals.
A basic salary survey for each of our core disciplines can be downloaded below. This survey provides an average salary indicator for all common job titles across the UK.
For a more specific requirement within a certain geographical area, industry or skill set, please contact our team to discuss our in-depth salary benchmarking services and how it can add value to your process.
What is salary benchmarking?
Salary benchmarking, also known as ‘compensation benchmarking’ is an in-depth investigation of the true market value of a given role.
Opposed to a basic salary survey, which will provide average salaries based on only a select few metrics, salary benchmarking delivers far more detail and takes into account a range of factors which have a bearing on an individual’s salary package, including their location, education level, market sector, company size and experience level.
The information gathered in every benchmarking process is bespoke to an individual client’s needs. The idea is that by analysing the market and your competitors, you can identify and establish a reliable set of benchmarks against which you can set your own salary offerings. This will allow you to not only compete for the best talent, but do so without overpaying.
Why do I need it?
An accurate and efficient salary benchmarking service can be highly valuable. It allows hiring managers to make an informed decision based on verifiable and unbiased information.
In order to recruit and retain the most capable individuals in the industry, it’s imperative to ensure they receive a salary package that compensates them for their experience, qualifications and capabilities.
By undervaluing existing employees, you run the risk of losing them to competitors, while offering below market value when recruiting will all but guarantee you missing out on the best available talent.
Due to these challenges, we have found an increased demand for our in-depth salary benchmarking services.
What is the process?
- Briefing: A detailed brief is taken from you in confidence which investigates the reasons behind the salary benchmarking exercise and what you wish to achieve from it.
- Consultation: Once we are satisfied with the objective, we will develop a benchmarking plan, which will include our approach and the information we will gather.
- Data Gathering: There are many approaches to gathering the necessary information, most of which make use of our extensive network of industry contacts. We will proactively gather all information highlighted in the consultation phase.
- Progress Report: Before preparing our final report, we will discuss our current progress with you and welcome any feedback. This is to ensure that the final survey meets with your expectations and delivers truly useful and actionable data.
- Delivery: The electronic report is delivered to you and any questions are answered.
For a confidential discussion regarding your Salary Benchmarking needs, please contact our office.
Our Service Speaks For Itself
Mase Consulting is one of the most trustworthy and professional recruitment businesses I’ve had the pleasure of working with. One of the major challenges I face is having a recruiter understand my industry and the skills associated with it, but Mase definitely excel at this. They have helped me fill various difficult and challenging roles over the last 10 years, and have saved me invaluable time wading through CVs. In the vast majority of cases we have succeeded in securing candidates from them. I can’t recommend them highly enough.
Against all odds, Mase Consulting came up with a candidate who fitted our requirements perfectly. They spent time asking the right questions in the early stages, which meant they came back with a number of relevant options for review. We look forward to working with the team again.
I have used Mase Consulting on more than one occasion to help me place key staff. They are extremely professional and very good at finding excellent candidates. I can highly recommend them.
Global Sales & Marketing Director
Mase Consulting have always been focused and enthusiastic on the Key Account Management vacancies we have worked together on. They are great at pushing projects to completion within tight deadlines.
Head of National Accounts
The energy and determination Mase demonstrate in fulfilling assignments is fantastic. I have yet to meet another recruitment business that shares that level of passion and enthusiasm. They leave no stone unturned, which makes the hiring process straightforward and effective.
Having spent 8 unsuccessful months searching for a Service Engineer to service our specialist scientific equipment, it was a relief to finally find a recruitment company who took a proactive approach to sourcing. We had resigned ourselves to the fact that the skills we required didn’t exist, however we were pleasantly surprised when Mase delivered on their promise and presented 3 high-profile candidates. Following a successful round of interviews, an offer was accepted and the successful candidate starts with us next week.
Thanks again for your help on this assignment. You are certainly on a roll!
Having worked with Mase Consulting for a number of years, I believe tenacity is one of their key strengths. They have now successfully placed four difficult-to-find individuals within my team, all of whom are still with the business today.
National Sales Manager
Mase Consulting’s thorough understanding of the industry and 1st class sales ability means they are always able to identify candidates who otherwise would not be on the market. Mase Consulting holds a firm place as our first choice recruitment partner as we can always count on them find those special gems.
We were very impressed with Mase Consulting. Having worked with other recruiters for several months and going through the frustration of continually explaining the skills and team fit we required, we finally hit gold with Mase. They were able to listen to our needs and deliver a number of relevant candidates within two weeks. We could have happily hired any of the candidates shortlisted by their team.
Global VP Sales & Marketing
Thanks for all your help! Mase have proven invaluable to us as a business and have always delivered the right fit for our team. They have proven to be very good at listening and understanding the brief accurately.
We’re often looking for niche skills and difficult-to-find individuals, but have struggled to find a recruiter that can consistently deliver. From our first meeting with Mase, we found their enthusiasm for delivery and results-driven approach refreshing. We’ve now worked together on three separate assignments, all successful.
We have worked with Mase Consulting for over 7 years and they have continually gone above and beyond to deliver the mix of technical and commercial skills we have needed to grow our UK operation. They have demonstrated a fantastic understanding of our market and I would highly recommend them to others.
Mase is focused on what we require, ensuring the candidates they put forward for selection are an excellent fit both technically and culturally. I’ve found the team to be very dedicated and engaged in the various recruitment drives we’ve worked on and I have no hesitation in recommending them to others who need results.
European HR Manager
I have used Mase for the last 6 years across numerous functions in the business, and the quality of candidates they have put forward have been first class. The candidates had clearly been vetted and interviewed prior to our meeting, which made the selection process easier. I would highly recommend Mase Consulting to other companies.
We have worked with Mase for over 5 years, and I believe consistency is one of their biggest strengths. Together, we’ve been able to build a business relationship and understanding of how we operate and what our business requirements are. We provide clear guidelines of our requirements from Sales, Manufacturing and Logistics, and Mase provide the candidates. We’re a very busy company, but Mase respect this, so you don’t get the constant hassle. Don’t ask me where they find the candidates from, but they do. They do what it is says on the tin.
Business Unit Director
I’ve been working with Mase Consulting for the past 7 years and have always found them very professional. They helped us with both senior and junior vacancies where we struggled to find the right candidate, listening to our needs and attracting the right individuals. A very positive experience overall.
Head of HR
Thanks for all your help Mase, yet another brilliant candidate for the business.