Strategic Pay were proud to work with The Workshop to establish internal and external job size relativities, and provided a recommendation based on a balanced view of which market most closely aligned with the organisation’s kaupapa, ability to pay and also best represented the mobility market.
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Challenge
Strategic Pay were engaged to provide advice as to how the organisation could link their pay approach to robust remuneration market data that would enable the organisation to recruit and retain talent in a highly competitive mobility market.
Solution
Strategic Pay undertook a comprehensive job evaluation and market benchmarking exercise, considered a number of comparison markets, and provided a recommendation based on a balanced view of which market most closely aligned with the organisation’s kaupapa, ability to pay and also best represented the mobility market.
Results
- Internal and external market relativities established and validated via job evaluation.
- Developed a job-size based remuneration framework.
- Provision of market data to inform appropriate market alignment based on job size outcomes.
