Compensation

No matter the industry, benchmarking your employee’s total compensation is an important exercise in order to ensure your pay levels are competitive enough to stand out in a crowded job market to attract, engage, and retain the talent your organization needs.

By prioritizing the people that work for your company, you strengthen not only your employee base but also your business.

Compensation & Benefits Benchmarking

Our AugmentHR compensation experts combine our extensive knowledge of the marketplace with top leading data resources to create base salary pay reference points to reflect current market value; P25, P50 and P75.

Compensation data includes base salary, bonus structure and, if available, additional compensation factors. Our team will also support you in developing and communicating a strategic compensation plan.

Our team can also produce "Total Reward Statements", a benchmarking service that can be used as part of your year-end review process.

Compensation Benefits Benchmarking PDF
Total Reward Statements
Total reward statements are a benchmarking service used by employers to highlight to employees the true value of their total pay and reward package – which comprise more than just their base pay.

Total Rewards encompasses everything that an employee needs for a positive employee experience, rather than just focusing solely on compensation.

Total Rewards Statements Include:
- Base pay
- Merit pay
- Incentives and bonuses
- Overall wage increases
- Health and wellness benefits
- Paid time off
- Retirement benefits
- Training opportunities
- Career development
- Recognition
- Car
- Other fringe benefits