Reward and Talent Benchmarking is an especially useful tool for both clients and candidates, and is another example of Marlin Hawk’s ‘total toolbox’ approach to attraction and retention strategy. Other Search & Selection companies conduct surveys of remuneration and benefit scales but seldom – if at all – to the same level of detail as ours.
Marlin Hawk applies the same rigour and innovation to the benchmarking process as we do to our search assignments. We draw up a customised Balance Sheet assessment exercise for each role that you would like to have benchmarked; each Balance Sheet will then form the basis for competency-based interviews with your team.
‘Granularity’ is the key to effective benchmark surveys, otherwise the information they provide is of little use. Marlin Hawk’s reports give clients an accurate picture of their position in the market and what they must do to be competitive. Candidates can gain a clear idea of their market value and plan their moves realistically.
The outputs include the following:
Detailed analysis of the structure of financial packages on offer
Fluctuation in compensation based on specialist skills
Creative solutions for retaining key executives
Benchmark data to manage employee expectations
For more information, please email enquiries@marlinhawk.com.