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Salary benchmarking

4.4K
Volume
+81%
Growth
exploding

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About the Topic

Salary benchmarking, also known as compensation benchmarking, is the process of comparing an organization's compensation levels and practices against those of other organizations. This practice ensures that the organization remains competitive in attracting and retaining talent by collecting and analyzing salary data for similar roles in similar industries and geographic locations. It is particularly beneficial for HR professionals and organizational leaders who aim to maintain equitable and competitive salary structures.

Salary benchmarking was discovered on September 19th 2022 and it currently has a search volume of 4.4K with a growth of +81%.

Key Indicators
Growth
  • Exploding
  • Regular
  • Peaked
Speed
  • Exponential
  • Constant
  • Stationary
Seasonality
  • High
  • Medium
  • Low
Volatility
  • High
  • Average
  • Low
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