Real Time Market Benchmarks

Access real time market data, instantly!

A powerful benchmarking solution providing real time market benchmarks with instant access to live data by title and grade. Make confident, data-driven pay decisions with insights tailored to your organization’s structure, industry, and scale.

Core Features of Real Time Market Benchmarks

Use the power of live data points and real time market benchmarks to transform how you manage market data and control pay discussions. We’ve simplified the entire end-to-end salary survey process to put you in control.

How does the tool help you?

Real-Time Market Data

Access to live, up-to-date market salary information allows companies to make informed decisions quickly. This is particularly valuable in the dynamic environment we are operating in with talent and skill scarcity and market conditions changing rapidly.

Competitive Edge in Talent Acquisition

By understanding current pay rates for similar roles in the industry, companies can offer competitive salaries to attract top talent. This is crucial in highly competitive job markets where the difference between average and top-tier salary offers can significantly impact a candidate’s decision.

Retention Strategies

Keeping abreast of the latest compensation trends helps companies adjust their own pay structures to retain valuable employees. This is essential in preventing turnover and the loss of institutional knowledge, especially for high-demand roles.

Simplification of Compensation Management

A live benchmarking tool simplifies the complex task of compensation management. It reduces the need for extensive, manual, once-a-year surveys, significantly saving time and cost.

Enhanced Transparency and Fairness

With access to reliable and current data, companies can ensure that their pay practices are fair and transparent. This can improve employee satisfaction and trust in the organization, leading to a more harmonious workplace environment.

Strategic Decision Making

Live benchmarking tools enable HR and management to strategically plan salary budgets and adjustments based on actual market conditions rather than outdated data or conjectures. This strategic approach can lead to more efficient use of company resources.

Compliance with Pay Equity Laws

Ensuring compliance with local and national pay equity laws is easier with a tool that provides detailed insights into prevailing pay rates by role, industry, and region. This helps prevent potential legal issues related to pay discrimination.

Multiple sources of data

Run reports using live new hire offer data from our Total Offer Modeller or using the payroll information in our system. We empower companies to take control of their compensation and use sources of data that makes sense for them.