Why do organizations need accurate, reliable compensation data?
- Employers are challenged to get compensation and benefits right and simultaneously maximize return on investment.
- Talent is in short supply, so it’s essential to understand what compensation and benefits employees value.
- Insights enable HR professionals to keep pace with rapidly shifting talent markets and new ways of working with critical skills, contingent workers and automation.
- Organizations entering new markets need research to understand the HR environment, culture and local practices.
- Data help employers modernize their total rewards programs so that they successfully attract, engage and retain coveted talent.
We understand the power of data and how they can translate into innovative and pioneering solutions. Supported by our deep expertise, insights and software, we can help you take a fresh look at building a competitive compensation and benefits plan that aligns with your organization's goals and objectives.
With Data Services, you have the ability to level roles for benchmarking across industry sectors, as well as analyze total annual compensation, annual and long-term incentives, total direct compensation and total rewards. And each year, we collect data on over 35 million employees in more than 40,000 organizations, across more than 130 countries.