Compensation Benchmarking

Compensation benchmarking compares your pay levels against market data using surveys from Mercer, Radford, WTW, Carta, or Payscale. Surveys break down data by geography, industry, company size, role, and level.

Benchmarking should cover all components: base, bonus, equity, and benefits. A company might be competitive on base but behind on equity. Each component tells a different story.

Most companies benchmark annually. In fast-moving markets (AI, data science, cybersecurity), semi-annual benchmarks are common because rates can shift 10-20% in a single year.