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Salary Benchmarking Tool
There’s no getting around the fact that money makes the world go round – especially when it comes to the negotiations around salary. If you’re an employer, you’ll want to make sure you’re armed with the industry average salary for the role you’re recruiting for before beginning negotiations with a candidate. And of course, it works the other way too. If you’re a candidate you’ll want to check you’re being paid the right amount for the job you do or a new role you’re considering.
At Michael Page, we have been operating in the recruitment industry for more than 40 years. We recruit professionals for permanent, temporary, contract and interim positions within 25 industry sectors, right across the UK. We regularly update our Salary Comparison and Benchmarking tools with our latest salary data from the roles we place across our sectors – meaning you can get up-to-date information on the latest state of play for hundreds of roles.
Salary benchmarking for employers
Staying in touch with the latest salary information is essential for employers in this fast-paced business world. Whether you’re looking to bring in new hires or just check what the competition are paying their staff in equivalent roles, our regularly updated tool will keep you in touch with what’s going on. Simply input the details of the discipline and sector you’re hiring for and within seconds you’ll see the data you need on the latest national averages at each level of seniority.
Salary comparison for candidates
Knowledge is power when it comes to salary negotiations for candidates. Throughout our careers there will be many stages when we might need to explore salaries on offer to benchmark our own professional worth. If you have recently graduated or are considering a career in a particular role, how much will you be making? If you are currently working in a role and are up for a pay rise; how much should you be earning and what are other people in similar roles making in comparison? Keep in mind that the, fair and going rate of the industry sector, will hold significant weight in determining your rate of pay. Certain industries pay more for specific skillsets, as will sectors where there is a candidate shortage.
How do the salary tools work?
Our salary tools are powered by data captured from our placements and advertised roles within the past 12 months. We update the tools on a regular basis, meaning you can be sure that the information you’re using to inform your decisions as a client or candidate is as up to date as possible.
For salary benchmarking specific to your business contact us