Salary Benchmarking

Leverage bespoke and independent reporting that contains the insights, real-time data and recommendations you need to formulate the best remuneration strategy for your organization.

What you need to know about salary benchmarking

The right salary and reward offering can be the difference between securing the right people - and losing them to your competitors.

To stay ahead of the curve, you need an impartial and accurate overview of pay information across a diverse landscape of industries, regions and job roles.

As your lifelong partner in the world of work, we’ll equip you with the market knowledge and contemporary insights you need to enhance your access to skills and expertise.

  • An established insight


    We have an extensive track record of producing in-depth, bespoke salary benchmarking reports that have enabled clients to develop attraction strategies for future recruitment needs, improve employee attraction and retention rates and inform change and organizational restructuring.

  • A market-leading methodology

    The Hays methodology brings independence to any review, as well as robust evidence of what others in the market are doing both now and in the future. This information will enable you to make sound decisions around developing the most appropriate and competitive benefit structure for your organization.

  • Contact us to talk about our salary benchmarking service

    Get in touch today to keep your remuneration strategy competitive

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How salary benchmarking can help your business

  • Right skills, right price

    Engaging an independent provider to build competitive reward strategy not only demonstrates a commitment to fair and equitable pay, but also enables you to make sound decisions around developing the most appropriate and competitive pay and benefit structure for your organization.

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    Data-driven decision making

    Our salary benchmarking solution provides you with bespoke and independent reporting that contains the insights, real-time data and recommendations you need to formulate the best remuneration strategy for the skills you need.

Salary benchmarking tailored to your business

A solution for every workforce challenge

Enhance your company culture 

Organizations are so much more than their bottom line. Transform culture into your competitive edge.

Pay & Reward Benchmarking FAQs

Salary benchmarking is essential whenever you need clarity on pay structures to remain competitive and compliant.

Common scenarios include:

  • Creating new roles: ensure your salary offer is aligned with market expectations to attract the right talent from day one.
  • Organisational redesign or transformation: validate that revised roles and responsibilities are matched with fair and competitive compensation.
  • Pay equity and compliance: identify and address internal pay gaps to support diversity, equity, and inclusion goals.
  • Annual pay reviews: use accurate, up-to-date data to inform salary adjustments and retain top performers.

Our benchmarking reports are tailored to your organisation’s context, considering sector, size, and role complexity – not just generic job titles.

Spending time on salary benchmarking and ensuring you formulate a well-researched and comprehensive salary and benefit strategy can pay dividends, meaning you should only need to do it once or twice a year. However, this frequency may need increase in line with any market or economic shifts that impact the employment market.

Talk to Hays: Find out how we can help

Stay ahead with data-driven decisions

Download our latest reports to explore hiring trends and industry benchmarks.

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Ready to find the right talent?

Connect with our expert team today to discuss your recruitment needs.

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