Salary Benchmarking
Do you KNow what Did New-Wage Bill is Holding?
- Do you know the impact on employees?
- No Indian entity required with Husys EOR services ?
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Re-shape Your Business with Compensation Benchmarking!
One Step Ahead
Know The Industry Standards Now!
Employee Compensation survey is otherwise called as Salary survey. Compensation survey is a suite of strategies used for determining the average or median salary and benefits of the specific designation of an employee. For SME’s it’s not possible to use resources for carrying out survey process. Instead, they collect the data from Custom surveys (third party), Surveys carried out by organizations and consulting companies, Bureau of Labor Statistics’ wage data, Trade and professional organizations.
we know how much a single error costs you!
Setting Competitive Salary Structures is easy By Bench-marking.
Compensation survey is a dynamic process which needs frequent updates on quarterly, half-yearly or annually based on company’s recruitment needs. Compensation survey data will not be valid for a long term and it will cover the following for your growth.
Get to know more from our Experts at Husys Ltd on how to be more compliant with new changes and understand what will be impacted. Know the proper strategy to stay compliant along with tax optimization.
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Explore What We Can Offer?
A complete coverage for your business launch with EOR Services (Employer of Records)
- Assessing salary surveys
- Analyze job descriptions or position profiles in the survey report
- Record province and region
- File operating budgets of respondent organizations
- Note the types and descriptions of respondent organizations
- Record the education level and (full/part-time/union/contract) status of respondents
- Collect whole year data and note the date of the report Look at all of the numbers
- Determine the survey is a one time event or its repeated.
Why Husys?
Global Outreach
Husys focuses on paying the employees competitively & when they are paid accordingly for their efforts, they become more inclined towards the organization and it results in employee retention.
Reduce Risk
Husys focuses on paying the employees competitively & when they are paid accordingly for their efforts, they become more inclined towards the organization and it results in employee retention.
Accuracy
When employees are compensated competitively, it increases the trust and commitment of employees towards employers. Employees don’t leave the organization frequently which reduces the cost to replace the employees including the overall turnover cost.
Lower Turnover Cost
Our qualified professional takes the responsibility to update the state of the art technology in determining the compensation to employees for their efforts. Thus, employees won’t look for any other opportunity to leave the organization.