Market Benchmarking

One of the key issues to employee retention and recruitment is offering the correct remuneration and benefits package. Omni’s market benchmarking reports do just that, providing clients with the most up-to-date and reliable information possible – helping make informed decisions around pay, benefits and total reward on an individual, departmental or organisation-wide basis.

Why use Omni’s market benchmarking reports? Our reports allow for one-off or recurring data that allows organisations to address the following issues:

• Recruitment/retention

• Restructures and the development of new roles

• Changes to the current reward structure and/or elements of benefit provision

• A need for external objectivity

• Inconsistencies and anomalies in current practice

• A lack of data in the wider market and competitor intelligence

Our Services

Salary Report

These one-off pay benchmark reports are perfect for benchmarking salaries for both new and existing roles and provides tailored salary information either for all jobs, a particular function or on an ad-hoc basis. Our reports provide detailed salary information that is tailored to jobs on an individual, departmental or organisation-wide basis.

Market Benchmarking Report

Combining our salary report - which gives market rate data for individual jobs based on set of criteria such as sector, location and size - Omni’s Research Consultants offer insight into the current recruitment market, analysing the availability of skills sets and candidates in the marketplace. These reports provide organisations great insight into hard to fill roles, how to attract such candidates as well as competitor salaries and benefits.

Job Evaluation

Understanding an organisation’s structure and knowing how different skills and responsibilities fit are crucial to the development of successful pay policies. Our approach simplifies pay and grading projects, producing transparent & justifiable results. Our methodology analyses 10 factors that encompass the requirements and content of jobs from CEO to unskilled in a range of organisations operating in all sectors.

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One of the key issues to employee retention and recruitment is offering the correct remuneration and benefits package. Omni’s market benchmarking reports do just that, providing clients with the most up-to-date and reliable information possible – helping make informed decisions around pay, benefits and total reward on an individual, departmental or organisation-wide basis.

 

Why use Omni’s market benchmarking reports? Our reports allow for one-off or recurring data that allows organisations to address the following issues:

  • Recruitment/retention
  • Restructures and the development of new roles
  • Changes to the current reward structure and/or elements of benefit provision
  • A need for external objectivity
  • Inconsistencies and anomalies in current practice
  • A lack of data in the wider market and competitor intelligence