Market Pricing and Competitive Pay Assessment
Align Your Pay with The Market
To get pay right, you need to benchmark your roles – using external salary data to inform fair, competitive pay across your organization.
Salary.com’s consultants can help you do that important work. We’ll benchmark roles in your organization against the market and bring your internal processes in line with the latest industry standards.
Stay competitive and control costs with Salary.com. Get started today, book a free 30-minute consultation by clicking the button below:
Take the Guesswork Out of Pay
In a volatile market, every compensation decision matters. Market pricing gives you the clarity and control to make smarter, data-driven calls—so you can protect your budget, reduce risk, and retain key talent without overpaying.
Control Costs and Optimize Spending
We help you align pay with every job’s true value, based on hard data. That means you can allocate your resources where they’ll be most effective.
Reduce Risk and Ensure Compliance
Outdated or inconsistent pay structures can lead to costly errors, equity issues, or legal exposure – especially during periods of rapid change. We help you build robust structures that can stand up to an unpredictable economy.
Retain Key Talent Without Overpaying
Competitive, data-driven pay keeps your best people on board—without knee-jerk raises or inflated offers.
Make Tough Decisions Easier – and Earlier
When budgets tighten, clear benchmarks help you make smarter choices around hiring, raises, and restructuring.
Put Yourself in Position to Win the Recovery
A fair, scalable compensation framework keeps you agile now—and sets you up to move fast when the market inevitably rebounds.
Our Process: Structured, Strategic, And Backed By Data
Every engagement is unique, but here’s what our process typically looks like from start to finish.
Initial Assessment
- Analysis of current pay practices and how they serve your organizational goals. This includes reviewing job descriptions, internal leveling, and program documentation.
- Work with your team to confirm the relevant labor markets for your organization to compete in, based on factors such as location, industry, and organization size.
Match Jobs to Reliable Market Data
- We match jobs to market benchmarks using Salary.com’s proprietary solution, CompAnalyst®. If you already have benchmarked jobs, we can review and validate them from a neutral perspective.
- Gather market base, bonus, and total cash compensation data for each benchmarked role.
Competitive Pay Assessment
- Compare your compensation data to market benchmarks, identifying roles or incumbents that are over- or underpaid.
- Develop recommendations for pay adjustments or structural changes, such as grade reassignments, to ensure alignment with market conditions and organizational pay strategies.
Stakeholder Review and Feedback
- Present preliminary findings to core stakeholders for alignment and input. We walk through the analysis and proposed recommendations in detail, ensuring all parties understand the rationale and implications.
- Facilitate collaborative discussions to refine insights based on your compensation philosophy, organizational structure, and talent strategy. This step helps secure buy-in and ensures that any changes are feasible and supported internally.
Leadership Reporting and Support
- Tailor deliverables for senior leadership, including executive summaries, detailed data visuals, and recommendation overviews to support strategic decision-making.
- Offer optional support for downstream communication and implementation—such as rollout planning or manager training—ensuring a smooth transition from analysis to action.
Why Choose Salary.com’s Consultants
Diversified and Experienced Team
Our individual consultants have decades of experience in a variety of industries. We have the knowledge and skills to help you in your specific organization, industry, and circumstances.
High-Touch Communication
Clear communication is a cornerstone of our process, and we will be with you every step of the way. Our team of consultants are available to provide guidance and support.
Salary.com’s Powerful Solutions
We leverage Salary.com’s industry-leading total compensation management platform, making full use of its trusted data and award-winning compensation solutions.
An Extra Set of Hands
Serious analysis is a big undertaking that all too often gets pushed to the bottom of the to-do list. This is a mistake, and everyone knows it, but sometimes your internal team just can’t get the time. Our consultants provide the extra resources and expertise to implement your compensation initiatives.
Third-Party Neutrality
Bringing in outside help demonstrates your commitment to fairness, transparency, and impartiality. It also guarantees a level of discretion not always possible within an organization.
Organizations Getting It Right
Insights You Need to Get It Right
