Make sure your salaries measure up to your talent.
Build a competitive compensation strategy & retain your best talent with our salary benchmarking reports.
Don’t worry, we never share your personal information with anyone!
Real Time Data
Our real-time data ensures that you're getting the most up-to-date information.
Trustworth Sources
We pride ourselves on only offering our clients with the most reliable data. We gather information from over 30,000 businesses across the globe so that you can make data-driven decisions.
Market Leading Insights
By using cutting-edge technology, our reports give you the confidence to create competitive pay strategies that retain top talent.
Bespoke Reporting
You will be assigned your own dedicated member of the team who will create a report that is bespoke to you, no bots here.
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.
Don't just take our word for it.
I have been extremely impressed with Mase’s salary benchmarking service. The insights provided in the report were nothing short of eye-opening. It’s given our company a competitive edge by allowing us to better understand our position in the market.
I would highly recommend Mase to any business looking to gain a better understanding of their position in the job market and, more importantly, to develop strategies for retaining staff. The service was really professional and effective.
With the knowledge gained from our salary report, we’ve been able to develop effective strategies to ensure our team remains happy and motivated. It’s made a big difference in staff retention, which has a direct impact on our company’s overall success. Really great work guys!
Why do I need salary benchmarking?
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.
Our salary benchmarking process.
You will sit down with a member of our team and a detailed brief will be taken from you in confidence which investigates the reasons behind the salary benchmarking exercise and what you want to achieve from it.
Once we are satisfied with the objective, we will develop a benchmarking plan, which will include our approach and the information we will gather.
There are many approaches to gathering the necessary information, most of which make use of our extensive network of industry contacts. We use cutting- edge technology to to proactively gather all the information highlighted in the consultation phase.
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.
The electronic report is delivered to you and any questions are answered.
Frequently asked questions about salary benchmarking.
If you're serious about structuring a strong employee retention plan, then salary benchmarking is important. A salary benchmarking report allows your organisation to understand all the different pay rates across your industry, as well as what competitors are currently offering in terms of bonuses and benefits. This information not only allows you to build a plan that attracts top-tier talent, but it also minimises the risk of the employees you already have leaving.
Planning to benchmark your salaries yourself could cost you valuable time and not end in accurate data. The process needs someone who has strong HR knowledge and quick, easy access to competitors, the market sector and other statistics.
By choosing the right company to partner with, Salary benchmarking should only be needed around one to two times per year.
Gathering all the up-to-date salary data that is accurate can be a time-consuming task. Most companies don't have the resources to fully dedicate themselves to it. Joining with a third party company allows you to spend time on other things that are important to you in your business. Here at Mase, our reports consist not only of real=time accurate data from thousands of businesses, but data that is also independent.
By choosing the right company to partner with, Salary benchmarking should only be needed around one to two times per year.
Be competitive. strategic. the best.
Unlock your personalised salary benchmark report and get ahead of the competition by creating a strategic approach to retain and attract talent.
Fill out our short form and a member of the team will be in touch to get the ball rolling.
