Market-related pay

Sheila Attwood Editor's message: Knowing what your competitors are paying is often a starting point for any pay review exercise. There are numerous ways in which you can gather this information, from looking at salary surveys to speaking to consultants. However, you should be clear about what information you require, who you want to compare against and the advantages and disadvantages of the different information sources.

Sheila Attwood, managing editor, pay and HR practice

New and updated

  • Reward priorities survey 2017

    Date:
    9 March 2017
    Type:
    Survey analysis

    We investigate the principles that guide organisations' reward offerings, and look at the various reward activities that will be undertaken over the coming year.

  • How to use a salary survey

    Type:
    How to

    Practical guidance on how to use pay data from a salary survey to benchmark pay and benefits as part of the organisation's reward strategy.

  • Reward strategies and priorities survey 2016

    Date:
    3 March 2016
    Type:
    Survey analysis

    A reward strategy describes the pay and benefits on offer at an organisation and how it will help to meets business objectives, however, our latest research finds that less than half of employers have one in place.

  • Pay forecasts for the private sector: 2015 XpertHR survey

    Date:
    20 March 2015
    Type:
    Survey analysis

    Pay rises are on the cards in nine organisations in 10 over the next 12 months but, at an expected median rate of 2%, employees are likely to be underwhelmed by the level of the awards, according to our latest research.

  • Reward strategies and priorities for 2015: XpertHR survey

    Date:
    20 February 2015
    Type:
    Survey analysis

    XpertHR research into pay strategies reveals the key areas employers are focusing on in 2015.

  • Market-related pay

    Type:
    Employment glossary

    Definition from the XpertHR glossary.

  • How to decide the pay and benefits for a new position

    Type:
    How to

    Practical guidance on how to decide the pay and benefits for a new position, including benchmarking; getting the reward package right; and taking a total reward approach.

  • How to benchmark your pay and benefits against those of other employers

    Type:
    How to

    Practical guidance on how to benchmark your pay and benefits against those of other employers, including the types of data required and using the data to implement the organisation's reward strategy .

  • How to choose a salary survey

    Type:
    How to

    Practical guidance on choosing a salary survey to obtain market pay data for benchmarking pay and benefits as part of the organisation's reward strategy.

  • Implementing market-related pay at the Principality Building Society

    Date:
    4 March 2011
    Type:
    Case studies

    The Principality Building Society introduced a market- and performance-related pay and grading structure following a comprehensive job evaluation exercise. This case study looks at how this was implemented

About this topic

HR and legal information and guidance relating to market-related pay.

Market-related pay: key resources

Tools for pay specialists