The tool enables HR to obtain salary proposals for employees and candidates based on both an external and internal salary market without going through and external provider or via Comp & Ben. Furthermore, the company can make it possible for managers to generate salary proposals themselves via the tool, which both lessen the workload for HR/Comp & Ben and speeds up the process to produce comparative salaries when discussing with employees or candidates.
The tool also supports with generate average salary for employees within the company who carry out the same or similar jobs, when employees request information based on the Salary Transparency.
Salary range provided by External salary markets.
For the internal salary comparison, a salary proposal is provided with the following information:
Median salary
Minimum salary
Highest salary
Salary market level (average value)
Average performance
The proportion of employees who are managers
The proportion of employees who are of overtime paid
The user selects one or more similar jobs to be included in the search for the salary proposal.
The user can select country, city/region and blue collar/white collar to refine the salary market search.
Furthermore, the user can select the employee seniority level (senior, normal, junior) to receive a more relevant salary proposal.