salary benchmarking

/salary benchmarking

What happens after companies publish their gender pay gaps?

2019-07-17T09:32:03+00:00March 22nd, 2018|

Although many employers have yet to publish their gender pay gaps (just under 3,000 companies have reported so far out of an estimated 9,000), the ones that have made their data public may be feeling the heat, especially if the gap is huge. For many, the question after the April deadline will be: what [...]

Gender pay gap reporting: so far, not so good

2019-07-16T17:00:34+00:00February 4th, 2018|

There are just over two months left for 9,000 businesses of over 250 employees to publish their gender pay gap. And at the time of writing, just over 700 employers have done so. With time rapidly running out, it seems increasingly likely that many firms will miss the 5 April deadline (31 March for [...]

Employee Engagement: Why people leave their jobs and what you can do about it

2019-07-16T17:17:32+00:00December 22nd, 2017|

So how can employers improve employee engagement? Recruiting people who fit in culturally and possess the desired skill set can be tricky enough; getting them to stay can be even tougher. With so many opportunities to switch to a new role in a different organisation, many individuals decide to hop from one job to [...]

3R Strategy partners with Suited & Booted for a suit drive campaign

2019-07-16T17:20:18+00:00December 4th, 2017|

We are delighted to be partnering with Suited & Booted, a UK registered charity, that helps vulnerable, unemployed and low-income men into employment by providing interview clothing and interview advice. The first 30 seconds of an interview are crucial as employers make up their minds about potential candidates very quickly. Getting appearance and presentation [...]

Why does equal career progression mean sacrificing family life?

2019-07-16T17:25:29+00:00November 24th, 2017|

Equal career progression is a fact now - isn't it? It seems not.  Cast an eye over the senior management team of most organisations and it’s usually the same old story: if not all-male, then almost all male. This is supported by a 2017 report from financial advisory firm Grant Thornton, which revealed that [...]

Disclosing the gender pay gap is just the first step

2019-07-17T08:35:41+00:00November 11th, 2017|

Reducing the gender pay gap and achieving equal pay is still very much a hot topic. In the last few months Google has been hauled into the spotlight over this very issue, first with that leaked memo, followed swiftly by news that three former employees are suing the tech giant for systematically paying women [...]

Culture is the culprit: Tackling the UK gender pay gap

2019-07-17T10:03:28+00:00October 18th, 2017|

Tackling the UK gender pay gap is a priority for many. According to the Institute of Fiscal Studies, the UK gender pay gap is 18.1%. Although this may come across as men being paid 18.1% more than women for doing the same job, this is not the case. Pay may be one of the [...]

4 ways salary benchmarking can help your talent retention strategy

2019-07-17T09:59:21+00:00August 14th, 2017|

Salary benchmarking is a vital component of a talent retention strategy, but often retaining talent is ignored by the c-suite until it becomes an insurmountable business challenge. Many organisations simply accept high employee turnover and focus on other business needs.  However, HR professionals truly understand the importance of retaining good staff, in [...]

Reward Advice: Why Should Companies Benchmark their Salaries?

2019-09-19T14:38:39+00:00October 10th, 2015|

Reward Consultant Rameez Kaleem offers reward advice to businesses in this post about salary benchmarking Reward advice is useful, but having market intelligence as well as a good understanding of where your organisation sits in relation to the market is essential in order to set an effective reward strategy. This will enable you to [...]