{"id":262718,"date":"2021-09-10T11:28:23","date_gmt":"2021-09-10T11:28:23","guid":{"rendered":"https:\/\/khano.co.za\/en\/?page_id=262718"},"modified":"2021-10-02T14:49:21","modified_gmt":"2021-10-02T14:49:21","slug":"salary-benchmarking","status":"publish","type":"page","link":"https:\/\/khano.co.za\/en\/index.php\/hr-consulting\/salary-benchmarking\/","title":{"rendered":"Salary Benchmarking"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;3.27.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Split Section&#8221; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;0px||0px|&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;4%&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; make_equal=&#8221;on&#8221; module_class=&#8221; et_pb_row_fullwidth&#8221; _builder_version=&#8221;4.6.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;100%&#8221; max_width_tablet=&#8221;100%&#8221; max_width_phone=&#8221;&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;0px||0px|&#8221; custom_padding=&#8221;0px||0px|&#8221; hover_enabled=&#8221;0&#8243; make_fullwidth=&#8221;on&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.0&#8243; use_background_color_gradient=&#8221;on&#8221; background_image=&#8221;https:\/\/khano.co.za\/en\/wp-content\/uploads\/2021\/10\/pexels-fauxels-3184296-scaled.jpg&#8221; background_position=&#8221;bottom_right&#8221; custom_padding=&#8221;|||&#8221; hover_enabled=&#8221;0&#8243; custom_padding__hover=&#8221;|||&#8221; title_text=&#8221;pexels-fauxels-3184296&#8243; sticky_enabled=&#8221;0&#8243;][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.0&#8243; background_color=&#8221;#f4f4f4&#8243; background_position=&#8221;top_left&#8221; custom_padding=&#8221;5%|6%|3%|8%|false|false&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|700||on|||||&#8221; header_2_text_color=&#8221;#0c71c3&#8243; header_2_font_size=&#8221;25px&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;|||35px|false|false&#8221; custom_padding_tablet=&#8221;|||0px|false|false&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; border_width_left=&#8221;5px&#8221; border_color_left=&#8221;#0077b6&#8243; border_width_left_tablet=&#8221;0px&#8221; border_width_left_phone=&#8221;&#8221; border_width_left_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221;]<h2><strong><b>What is Salary Benchmarking?<\/b><\/strong><\/h2>[\/et_pb_text][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_cta button_url=&#8221;#&#8221; admin_label=&#8221;Feature 01&#8243; _builder_version=&#8221;4.6.0&#8243; header_level=&#8221;h6&#8243; header_font=&#8221;Montserrat||||&#8221; header_text_color=&#8221;#1f1f1f&#8221; header_font_size=&#8221;16px&#8221; header_line_height=&#8221;1.4em&#8221; body_font_size=&#8221;16&#8243; body_line_height=&#8221;1.9em&#8221; use_background_color=&#8221;off&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;18&#8243; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#6eba01&#8243; button_border_color=&#8221;#6eba01&#8243; button_border_radius=&#8221;0&#8243; button_letter_spacing=&#8221;2&#8243; button_font=&#8221;Montserrat|||on|&#8221; button_use_icon=&#8221;off&#8221; text_orientation=&#8221;left&#8221; background_layout=&#8221;light&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;15%&#8221; button_text_color_hover=&#8221;#6eba01&#8243; button_border_color_hover=&#8221;#6eba01&#8243; button_border_radius_hover=&#8221;0&#8243; button_letter_spacing_hover=&#8221;2&#8243; button_bg_color_hover=&#8221;rgba(0,0,0,0)&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;on&#8221; button_text_color__hover=&#8221;#6eba01&#8243; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;on&#8221; button_border_color__hover=&#8221;#6eba01&#8243; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;on&#8221; button_border_radius__hover=&#8221;0&#8243; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; button_letter_spacing__hover=&#8221;2&#8243; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;rgba(0,0,0,0)&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;]<p><span style=\"font-weight: 400;\">Salary benchmarking, also known as \u2018compensation benchmarking\u2019 is an in-depth research of the true market value of a given role.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Opposed to a basic salary survey, which will provide average salaries based on only a select few metrics, salary benchmarking provides far more detail and takes into account a range of factors which have a bearing on an individual\u2019s salary package, including their location, education level, market sector, company size and experience level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The information gathered in every benchmarking exercise is bespoke to an individual client\u2019s needs. The idea is that by analyzing the market and your competitors, you can identify and establish a reliable set of benchmarks against which you can set your own salary offers. This will allow you to not only compete for the best talent but do so without overpaying.<\/span><\/p>[\/et_pb_cta][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;Why is Salary Benchmarking Important?&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;][\/et_pb_blurb][et_pb_cta button_url=&#8221;#&#8221; admin_label=&#8221;Feature 01&#8243; _builder_version=&#8221;4.6.0&#8243; header_level=&#8221;h6&#8243; header_font=&#8221;Montserrat||||&#8221; header_text_color=&#8221;#1f1f1f&#8221; header_font_size=&#8221;16px&#8221; header_line_height=&#8221;1.4em&#8221; body_font_size=&#8221;16&#8243; body_line_height=&#8221;1.9em&#8221; use_background_color=&#8221;off&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;18&#8243; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#6eba01&#8243; button_border_color=&#8221;#6eba01&#8243; button_border_radius=&#8221;0&#8243; button_letter_spacing=&#8221;2&#8243; button_font=&#8221;Montserrat|||on|&#8221; button_use_icon=&#8221;off&#8221; text_orientation=&#8221;left&#8221; background_layout=&#8221;light&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;15%&#8221; button_text_color_hover=&#8221;#6eba01&#8243; button_border_color_hover=&#8221;#6eba01&#8243; button_border_radius_hover=&#8221;0&#8243; button_letter_spacing_hover=&#8221;2&#8243; button_bg_color_hover=&#8221;rgba(0,0,0,0)&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;on&#8221; button_text_color__hover=&#8221;#6eba01&#8243; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;on&#8221; button_border_color__hover=&#8221;#6eba01&#8243; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;on&#8221; button_border_radius__hover=&#8221;0&#8243; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; button_letter_spacing__hover=&#8221;2&#8243; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;rgba(0,0,0,0)&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;]<p><span style=\"font-weight: 400;\">Salary is often the difference between retaining employees and losing talent to your competitors. Benchmarking salary offers employers invaluable insight into how other companies within the same sector are structuring their own pay and benefits packages.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Salary benchmarking considers and separates the different elements of these benefits packages, giving organizations a much clearer understanding of what other executives are being offered in addition to their standard pay. This information can often be key for increasing employee engagement, reducing staff turnover and attracting high-quality talent.<\/span><\/p>[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Split Section&#8221; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;0px||0px|&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;4%&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; make_equal=&#8221;on&#8221; module_class=&#8221; et_pb_row_fullwidth&#8221; _builder_version=&#8221;4.6.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;100%&#8221; max_width_tablet=&#8221;100%&#8221; max_width_phone=&#8221;&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;0px||0px|&#8221; custom_padding=&#8221;0px||0px|&#8221; make_fullwidth=&#8221;on&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.0&#8243; background_color=&#8221;#f8f8f8&#8243; background_position=&#8221;top_left&#8221; custom_padding=&#8221;5%|6%|3%|8%|false|false&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Title&#8221; module_class=&#8221;dp_intro_style27_text&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;||||||||&#8221; header_6_font=&#8221;|700||on|||||&#8221; header_6_text_color=&#8221;#0077b6&#8243; header_6_font_size=&#8221;30px&#8221; header_6_letter_spacing=&#8221;1px&#8221; custom_margin=&#8221;||10px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221;][\/et_pb_text][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|700||on|||||&#8221; header_2_text_color=&#8221;#0c71c3&#8243; header_2_font_size=&#8221;25px&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;|||35px|false|false&#8221; custom_padding_tablet=&#8221;|||0px|false|false&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; border_width_left=&#8221;5px&#8221; border_color_left=&#8221;#0077b6&#8243; border_width_left_tablet=&#8221;0px&#8221; border_width_left_phone=&#8221;&#8221; border_width_left_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221;]<h2><b>Key Areas of Investigation &amp; Analysis<\/b><\/h2>[\/et_pb_text][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;Why do I Need It?&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><b>An accurate and efficient salary benchmarking service can be highly valuable. It allows hiring managers to make an informed decision based on verifiable and unbiased information.<\/b><\/p>[\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_cta button_url=&#8221;#&#8221; admin_label=&#8221;Feature 01&#8243; _builder_version=&#8221;4.6.0&#8243; header_level=&#8221;h6&#8243; header_font=&#8221;Montserrat||||&#8221; header_text_color=&#8221;#1f1f1f&#8221; header_font_size=&#8221;16px&#8221; header_line_height=&#8221;1.4em&#8221; body_font_size=&#8221;16&#8243; body_line_height=&#8221;1.9em&#8221; use_background_color=&#8221;off&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;18&#8243; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#6eba01&#8243; button_border_color=&#8221;#6eba01&#8243; button_border_radius=&#8221;0&#8243; button_letter_spacing=&#8221;2&#8243; button_font=&#8221;Montserrat|||on|&#8221; button_use_icon=&#8221;off&#8221; text_orientation=&#8221;left&#8221; background_layout=&#8221;light&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;15%&#8221; button_text_color_hover=&#8221;#6eba01&#8243; button_border_color_hover=&#8221;#6eba01&#8243; button_border_radius_hover=&#8221;0&#8243; button_letter_spacing_hover=&#8221;2&#8243; button_bg_color_hover=&#8221;rgba(0,0,0,0)&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;on&#8221; button_text_color__hover=&#8221;#6eba01&#8243; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;on&#8221; button_border_color__hover=&#8221;#6eba01&#8243; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;on&#8221; button_border_radius__hover=&#8221;0&#8243; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; button_letter_spacing__hover=&#8221;2&#8243; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;rgba(0,0,0,0)&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;]<p><span style=\"font-weight: 400;\">In order to recruit and retain the most capable individuals in the industry, it\u2019s imperative to ensure they receive a salary package that compensates them for their experience, qualifications and capabilities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By undervaluing existing employees, you run the risk of losing them to competitors, while offering below market value when recruiting will all but guarantee you missing out on the best available talent.<\/span><\/p>\n<p>\u00a0<span style=\"font-weight: 400;\">Due to these challenges, we have found an increased demand for our in-depth salary benchmarking services.<\/span><\/p>[\/et_pb_cta][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.0&#8243; background_enable_color=&#8221;off&#8221; background_enable_image=&#8221;off&#8221; background_position=&#8221;top_left&#8221; custom_padding=&#8221;5%|6%|3%|8%|false|false&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;How Can You Benefit?&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><span style=\"font-weight: 400;\">As a result, Khano HR Solutions salary benchmarking provides you with a quick, reliable and cost-effective means of surveying the marketplace, enabling you to:<\/span><\/p>[\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;Develop salary bands and\/or remuneration policies.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%45%%&#8221; icon_color=&#8221;#0077b6&#8243; icon_placement=&#8221;left&#8221; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; admin_label=&#8221;Icon &#038; Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|300|||||||&#8221; header_font_size=&#8221;13px&#8221; header_letter_spacing=&#8221;0.2px&#8221; header_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#e4e4e4&#8243;][\/et_pb_blurb][et_pb_blurb title=&#8221;Improve employee retention.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%45%%&#8221; icon_color=&#8221;#0077b6&#8243; icon_placement=&#8221;left&#8221; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; admin_label=&#8221;Icon &#038; Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|300|||||||&#8221; header_font_size=&#8221;13px&#8221; header_letter_spacing=&#8221;0.2px&#8221; header_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#e4e4e4&#8243;][\/et_pb_blurb][et_pb_blurb title=&#8221;Guide remuneration for new recruits.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%45%%&#8221; icon_color=&#8221;#0077b6&#8243; icon_placement=&#8221;left&#8221; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; admin_label=&#8221;Icon &#038; Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|300|||||||&#8221; header_font_size=&#8221;13px&#8221; header_letter_spacing=&#8221;0.2px&#8221; header_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#e4e4e4&#8243;][\/et_pb_blurb][et_pb_blurb title=&#8221;Compare total cash and total remuneration packages with competitors.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%45%%&#8221; icon_color=&#8221;#0077b6&#8243; icon_placement=&#8221;left&#8221; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; admin_label=&#8221;Icon &#038; Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|300|||||||&#8221; header_font_size=&#8221;13px&#8221; header_letter_spacing=&#8221;0.2px&#8221; header_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#e4e4e4&#8243;][\/et_pb_blurb][et_pb_blurb title=&#8221;Calculate next year\u2019s salary increase budgets.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%45%%&#8221; icon_color=&#8221;#0077b6&#8243; icon_placement=&#8221;left&#8221; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; admin_label=&#8221;Icon &#038; Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|300|||||||&#8221; header_font_size=&#8221;13px&#8221; header_letter_spacing=&#8221;0.2px&#8221; header_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#e4e4e4&#8243;][\/et_pb_blurb][et_pb_blurb title=&#8221;Target remuneration fairly and equitably.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%45%%&#8221; icon_color=&#8221;#0077b6&#8243; icon_placement=&#8221;left&#8221; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; admin_label=&#8221;Icon &#038; Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|300|||||||&#8221; header_font_size=&#8221;13px&#8221; header_letter_spacing=&#8221;0.2px&#8221; header_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#e4e4e4&#8243;][\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Split Section&#8221; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;0px||0px|&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;4%&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; make_equal=&#8221;on&#8221; module_class=&#8221; et_pb_row_fullwidth&#8221; _builder_version=&#8221;4.6.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;100%&#8221; max_width_tablet=&#8221;100%&#8221; max_width_phone=&#8221;&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;0px||0px|&#8221; custom_padding=&#8221;0px||0px|&#8221; make_fullwidth=&#8221;on&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.0&#8243; background_enable_color=&#8221;off&#8221; background_position=&#8221;top_left&#8221; custom_padding=&#8221;5%|6%|3%|8%|false|false&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|700||on|||||&#8221; header_2_text_color=&#8221;#0c71c3&#8243; header_2_font_size=&#8221;25px&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;|||35px|false|false&#8221; custom_padding_tablet=&#8221;|||0px|false|false&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; border_width_left=&#8221;5px&#8221; border_color_left=&#8221;#0077b6&#8243; border_width_left_tablet=&#8221;0px&#8221; border_width_left_phone=&#8221;&#8221; border_width_left_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221;]<h2><b>What is the Process?<\/b><\/h2>[\/et_pb_text][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;1. Briefing: &#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><span style=\"font-weight: 400;\">A detailed brief is taken from you in confidence which investigates the reasons behind the salary benchmarking exercise and what you wish to achieve from it.<\/span><\/p>[\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;2. Consultation:&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><span style=\"font-weight: 400;\">Once we have established the objective, we will develop a benchmarking plan, which will include our approach and the information we will gather.<\/span><\/p>[\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;3. Data Gathering:&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><span style=\"font-weight: 400;\">There are many approaches to gathering the necessary information, most of which make use of our extensive network of industry contacts. We will proactively gather all information highlighted in the consultation phase.<\/span><\/p>[\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;4. Progress Report:&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><span style=\"font-weight: 400;\">Before preparing our final report, we will discuss our current progress with you and welcome any feedback. This is to ensure that the final survey meets with your expectations and delivers truly useful and actionable data.<\/span><\/p>[\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;5. Delivery:&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; icon_placement_tablet=&#8221;top&#8221; icon_placement_phone=&#8221;&#8221; icon_placement_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Icon &#038; Title &#038; Description&#8221; _builder_version=&#8221;4.6.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;16px&#8221; custom_margin=&#8221;-1px||||false|false&#8221; custom_padding=&#8221;||25px||false|false&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image=&#8221;width: 40px;&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;#dddddd&#8221; custom_css_blurb_image_last_edited=&#8221;on|tablet&#8221; custom_css_blurb_image_tablet=&#8221;margin: 0 auto 20px;||width:40px;&#8221;]<p><span style=\"font-weight: 400;\">The electronic report is delivered to you and any questions are answered.<\/span><\/p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.0&#8243; use_background_color_gradient=&#8221;on&#8221; background_image=&#8221;https:\/\/khano.co.za\/en\/wp-content\/uploads\/2021\/09\/KH-2.jpg&#8221; background_position=&#8221;top_left&#8221; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>What is Salary Benchmarking?Salary benchmarking, also known as \u2018compensation benchmarking\u2019 is an in-depth research of the true market value of a given role. Opposed to a basic salary survey, which will provide average salaries based on only a select few metrics, salary benchmarking provides far more detail and takes into account a range of factors [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":262706,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:divi\/placeholder \/-->","_et_gb_content_width":"","footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Salary Benchmarking - Khano HR Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/khano.co.za\/en\/index.php\/hr-consulting\/salary-benchmarking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Salary Benchmarking - Khano HR Solutions\" \/>\n<meta property=\"og:description\" content=\"What is Salary Benchmarking?Salary benchmarking, also known as \u2018compensation benchmarking\u2019 is an in-depth research of the true market value of a given role. 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