mercury hampton

Are you paying your people enough?

Using a series of searches, we will determine if your organisation’s compensation packages are sufficient to attract and retain the people you need.

WHAT YOU GET OUT OF IT

WHAT IS A SALARY SURVEY?

The greatest company asset is your employees.

The way in which an organisation compensates its employees can have a major impact on your business’ overall performance. A well organised and executed salary survey can identify the industry standard for employee salaries, which in turn, can help guide your strategic direction to retain and encourage talent performance. 

Our salary surveys collect data on employee compensation, which also includes the additional benefits package. The package that your company offers is compared to salary levels for similar positions across your industry, sector and region. 

For more information, check out this article by MaRS.  

salary survey mercury hampton

WHY IS IT IMPORTANT?

The salary survey can be used in a multitude of different situations. 

It could be that you have someone who has been in a role for an extended period. Maybe you’re unsure if their salary reflects their role duties. You may wish to see if the package that you are offering to prospective employees is attractive enough? You can even use the salary survey to ensure that you are paying your staff sufficiently and protect you from any external competitor threats. You can then rest easy at night knowing that your staff are remunerated for their work, you can go into the market in confidence knowing that you are offering competitive rates, you can improve candidate attraction and increase staff retention.

OUR SALARY SURVEY ROADMAP 

STEP 1

Firstly, we need you to define the position you wish to benchmark within the company. 

STEP 2

We agree on the search parameters. We will typically base the salary surveys on either location, industry, or level of responsibility – or potentially all three of these. To ensure that the information that we collate is accurate, we require the predetermined formula from the client.

STEP 3

We will require the current salary scale details of the person(s) being assessed. This is to ensure an accurate benchmarking comparison.

STEP 4

The data collection process. Data is obtained from professionals who are either actively or recently employed within the parameters set in stages 1-3. (Recent refers to the last 12-months of employment). We will use between three to five candidates as the benchmark, dependent upon how niche the role and salary survey parameters are.

STEP 5

The report is presented to you. This will include information collated on basic salary, bonus scheme information, allowances, car, benefits, and notice periods. 

WHY CHOOSE US? 

1. A partner, not just a consultancy

We bring you real solutions with highly driven actions, from assessing your existing team, your newest candidate and even yourself, to recruiting top-level talent culturally aligned to your business. Setting you up for success at the start of your hiring process. We provide performance coaching and training to follow through on those long-term business goals.

2. Data, not a biased opinion

By using our award-winning software, Mercury Hampton IQ, we can guarantee that 96% of hires will still be in post on their one-year anniversary. With 94% still in post after two years.

3. Experts, not KPI driven

We deliver incredible results because our team is infused with highly qualified, trained but also culturally aligned individuals who go above and beyond. We all appreciate being recognised and treated with respect. The same way we will treat you, your business, and your team.

Whatever you need to ensure your businesses success, through hiring the right people for the job, we have you covered. It is more important than ever to choose your talent acquisition partner wisely.

READY FOR THE NEXT STEP?

Contact us today or fill out the enquiry form below so we can begin mapping out the succeeding steps and placing people who are ready to take your business to the next level.

GET IN TOUCH

Let’s discuss how we can become a value-added partner to your organisation.

ENQUIRY FORM

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