Regional salary surveys
Ideal to see what other businesses in your region are paying, which can aid both recruitment and retention.
Salary Surveys & Benchmarking
For over 40 years, we have been conducting pay and benefits research to support businesses with their pay reviews and recruitment/retention activities.
Ensure your salaries are competitive
Our salary reports contain quartile and decile salary ranges for your region, job and industry; This is invaluable information for ensuring your salaries are competitive and attractive.
Compiled using data collected from organisations of all sizes across the UK, salary reports are published within 8 weeks of data collection, so you can be assured of the latest, most accurate data on which to base your pay policy decisions.
The extensive database contains over 50,000 job records, 1,200 job titles, 10 job ranks, 153 UK regions/counties/towns, 8 turnover bands, and 34 industry sectors.
Fast & accurate pay benchmarking
An employee’s financial reward is one of the primary motivations for them to come to work; it is also one of your organisation’s biggest costs. This is why achieving a balance that benefits both the staff member, and your business development goals is among the most difficult objectives facing HR professionals.
Croner Reward make it easier by using pay benchmarking to support reward structure development or as a stand-alone service for individual positions that are either new to your business or simply require updating.
This gives you the opportunity to undertake either regular small-scale activity or larger departmental or company-wide exercises with ease.
With direct access to Croner Reward’s remuneration tools, including one of the most comprehensive independent pay and benefits databases in the country, our specialist team can provide fast and accurate salary benchmark reports, from which management can base sound and independent reward management decisions.
Our Salary Surveys
Job function surveys
Benchmark salaries and benefits across different business departments.
Industry surveys
Offer comprehensive studies of different specialist sectors including Charity, Distribution and Transport, Care Sector, and Hospice.
Competitive salary information
If you are worried about losing key staff members to uncompetitive pay, Croner Reward can provide competitive salary benchmarking information to help you reduce staff turnover. Plus, when you are looking to recruit new talent, this information can help you attract the best candidates.
Croner Reward identifies what the job market wants through the analysis of market data. It uses one of the largest independent pay and benefits databases in the country, which is constantly growing and being updated.
As new data comes in, it is referenced against other key market data points, and then filtered by industry, company turnover, number of employees, county, function and job level. This provides an indication of the level of pay that can be offered to staff to either meet or surpass the median or average. This data is then published in the form of salary surveys at varying times throughout the year. As reports are published annually and bi-annually, we provide a formula to help you calculate – on average – how much the data is likely to fluctuate over the short-term.
SalarySearch
Calculating a benefits package with a salary comparison tool is useful if you are recruiting for a new position or if you are looking to check that a salary is at the market rate. In addition, it can help with staff retention, as you’ll be able to confirm if you are paying the market rate, or if you may need to increase salaries to increase staff retention.
The system is easy to use, making it ideal for busy HR professionals or managers. In addition to showing pay information, the salary calculator also details benefits associated with a particular job.
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