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Whether it's creating a bespoke market report or delivering a full reward project, our data-driven approach and tailored solutions are sure to suit your needs.
Reed Talent Solutions, has been delivering solutions to organisations, like yours, since 1995.
Ensure your pay and rewards attract and retain the best professionals.
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In its simplest form, salary benchmarking is a process in which the rates of pay and benefits for your job roles are matched to similar jobs in other companies, to identify what salaries and benefits you should be offering.
Why are salary and reward benchmarking important to your organisation?
Understanding how your organisation's salaries and benefits compare with competitors can help you to ascertain where you lay within the market. By benchmarking, you can build on your salary and reward offerings where needed, to ensure you are offering the best possible packages to attract and retain the best talent.
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Our team can help you understand your marketplace, identifying all the relevant variables that need to be considered to paint a reliable picture with data.
Your bespoke report will draw upon data sourced from a bespoke talent market analytics tool, access to Reed.co.uk - our leading digital jobs platform, and recruitment placement data.
We can help you by reviewing your current structure, from a pay review to a total reward. Additionally, helping you to understand your current position in the market using a SWOT (strengths, weaknesses, opportunities and threats) analysis - allowing you to benchmark your offering against competitors. This analysis can be provided to you alongside a recommendations report.
Reed Talent Solutions can help you to implement a fair reward strategy that fosters a positive culture across your organisation. This solution can either be implementing a review conducted by us, or based on work conducted by yourselves.
We can help you communicate, upskill and support your hiring managers to educate them on your strategy. As well as helping your managers and employees understand the changes that are taking places, highlighting the benefits and how their voices are heard by the organisation they work for.
Reed Talent Solutions specialises in delivering outcome-based projects and solutions. Our unique approach delivers value in the gap between hiring people and outsourcing services, which means you can enjoy the best of both worlds.
Reed Talent Solutions’ Managing Consultant for talent advisory, Steve Dilley, answers questions on the importance of looking beyond salary as a strategy for future workforce satisfaction.
Our talent market analysis helped The South Yorkshire Pensions Authority with its salary and benefits offer.
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