PAY & REWARD
Job Evaluation & Salary Benchmarking
Are you confident you're paying your people fairly and competitively?
At People Pillar, we help you take the guesswork out of pay decisions through job evaluation and salary benchmarking.
Talk to Us About Pay & Reward
Perhaps you've just advertised a vacancy and discovered that the salary you had in mind isn't attracting anyone. Or an employee has asked why someone in a similar role earns more than they do. That's not always an easy conversation to have.
Getting pay right matters. It affects your ability to attract good people, keep the ones you've got and build a team that feels valued.
We'll help you understand how roles compare within your business, how your salaries measure up against the market and where changes might be needed.
Talk to Us About Pay & RewardUnderstanding Your Roles and Your Salaries
Deciding what a job is worth isn't always as simple as looking at someone's job title. Job evaluation and salary benchmarking help you look at pay from two different perspectives, so you've got a clearer picture before making decisions. If you're reviewing roles and responsibilities more widely, our organisational design support can help too.
Job Evaluation: Understanding the Value of a Role
How do you decide whether your Operations Manager's role should sit at the same level as your Finance Manager's? Or whether a newly created position warrants a higher salary than existing roles? It's not always obvious, particularly when different jobs require different skills, responsibilities and levels of decision-making.
Job evaluation helps you assess roles using consistent criteria, giving you a clearer picture of how they compare and a more structured basis for decisions about job grades and pay. This can help you:
- Establish a fair and consistent approach to comparing roles.
- Develop clearer job grades and pay structures.
- Identify potential inconsistencies in how roles are valued.
- Support more transparent decisions about pay and progression.
- Identify potential equal pay risks, spotting where employees doing equal work may be paid differently and whether those differences need further investigation or justification.
Salary Benchmarking: Understanding the Wider Market
You might think you're offering a competitive salary, but what are other employers actually paying for similar roles?
Salary benchmarking helps you compare your salaries with relevant market information, giving you a better understanding of where you stand. This can help you:
- Compare salaries against relevant market information.
- Make informed decisions when recruiting or reviewing pay.
- Identify roles where your pay may be out of step with the market.
- Develop a more consistent approach to salary decisions.
You might need one of these services or both, depending on what you're trying to achieve.
Helping You Attract and Keep Great People
Nobody wants to lose a brilliant employee because they discover they could earn more doing the same job somewhere else. Equally, you don't want to find yourself offering increasingly high salaries to new starters while your existing team quietly wonders why loyalty doesn't seem to count for much.
Pay isn't the only reason people join a business or choose to stay, but it certainly plays a part. Having a fair, consistent and competitive approach to pay helps you attract the people you need, recognise the contribution of your existing team and make decisions that are sustainable for your business.
And then there's the legal side. If two people are doing equal work but being paid differently, particularly where that difference relates to sex, you could find yourself facing an equal pay challenge. A structured approach to job evaluation can help you identify potential issues early, understand whether pay differences can be objectively justified and make more informed decisions before they become bigger problems.
Talk to Us About Pay & RewardWHAT OUR CLIENTS SAY
What Our Clients Say
I had a great experience working with People Pillar. They delivered jargon-free, easy to understand and high quality work on a tight timeframe and communication was great throughout. Highly recommended!
Excellent service, thorough and pragmatic advice for my organisation. Highly recommended.
Julia is a wizz at HR. She's practical, makes things easy, is speedy, and is very knowledgable. I'm impressed!
We have recently started using People Pillar's services, I have nothing but praise for Julia and her team. We have had a great professional service.
Julia is a dynamic Senior HR Professional not afraid to push the boundaries in order to create change. Her can do attitude means she is able to take her ideas and implement them successfully. I'd happily recommend Julia.
Let's Take a Closer Look at Your Pay Structure
Whether you're reviewing salaries across the business, introducing new roles or wondering if your current approach to pay still makes sense, we can help.
Or call us on 01303 769700
We won't send spam. Unsubscribe at any time.