Every time you hire or promote someone, you have to decide what to reward them. But how do you know when that amount is too low, too high or just right?
At Korn Ferry, we have the world’s most comprehensive database on reward. But because we also collect data on job size, we can tell you what the market pays for jobs at every level. So you can find out exactly what to reward each role in your organization.
Great data + sound science = market-leading tools
It’s not just the volume of data in the database that’s world-class. It’s the quality of that data – and what we do with it.
We collect all the data ourselves, from our own clients
So we know that every point is real, accurate and comparable.
We take our raw data and put it into context for you
We might look at what’s happening in your local market, for example.
We present our insights in a clear and compelling way
So your leaders can see what’s important – quickly and easily.
Finally, we transform this data into self-service tools you can use to help your people – and your business – to perform better. So you can make more of an impact.
Get answers to the ‘What if?’
So you know how your reward program compares to the market. Imagine if you could also model how changing your reward practices would affect your market position, or strengthen internal equity?
With Reward Benchmarking’s interactive dashboard you can model scenarios, or see how responding to global reward trends would affect your costs and position in the market. And because you can run as many queries as you like, the only limit is your curiosity.
Giving you the answers you need – fast
Subscribing to our Pay Solutions gives you access to all our data and tools, as well as to on-the-ground support from a local account manager.
This means you’ll have a complete picture of reward in your organization and the market. And you’ll have it much more quickly than if you had to do the analysis (and generate the insights) yourself. So you’ll be free to focus on contributing to your business strategy.