Salary Benchmarking
Compare your organisation’s compensation structures with peers and competitors across the market and similar industries. Our salary Benchmarking service service uses real-time conversations and research to ensure your offerings are not only competitive, but also tailored to attract the right talent for your business, whilst considering role complexity, location, and experience level.
Why salary benchmarking matters
Without accurate insights, businesses risk overpaying, underpaying, or missing out on top candidates. Salary benchmarking ensures your pay strategy is fair, competitive, and aligned with your business goals.
Stay Competitive
Ensure your compensation packages match or exceed market standards to maintain a competitive edge.
Attract the right people
Design tailored compensation plans to appeal to critical roles and high-performing individuals.
Retain Talent
Reduce turnover by offering fair and rewarding pay structures that meet employee expectations.
Salary benchmarking case study
Industry
Fintech
Business Size
C80 Staff
Target Country
United Kingdom
A rapidly expanding international cross-border payments fintech, buoyed by rounds of private equity investment, was seeking to strengthen its leadership team as it scaled operations.
With ambitious growth targets and increasing competitive pressure in the sector, the company recognised the need to attract and retain top tier executive talent to steer its next phase of development.
To do this effectively, they aimed to benchmark their C-Suite roles against both the broader market and key industry competitors.
By gaining a clearer understanding of how their executive compensation, role structure, and talent positioning compared externally, they hoped to identify gaps, align internally with best practices, and build a compelling proposition for senior leadership talent in a competitive hiring landscape.
These findings enabled our client to adjust their C-Suite offerings, bolstering their reputation in the industry and aiding in future recruitment.
Our Approach
Mapping
Mapped relevant post holders working for key competitors and completed secondary research within the public realm to capture any relevant job advertisements within the industry.
Engagement
Engaged with individuals to determine base salary, bonuses and bonus structure/KPIs, LTIPs, pension schemes, car allowances, reporting lines and remit in order to compare like-for-like roles and offer comprehensive recommendations
Analysis
Analysed the collected data, generating insights, structural charts, salary benchmarking analysis and wider benefits analysis. We were further able to cross-analyse remit and department sizes against total package remuneration.
Why choose Henley?
We take a bespoke, research-led approach to pay benchmarking. Using confidential data and trusted research sources, we provide a clear picture of how your compensation packages compare across your sector. Our service goes beyond numbers, offering context and interpretation to help you shape a reward strategy that supports long-term success.
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Access to reliable, up-to-date salary data
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Tailored benchmarking by role, sector, location, and seniority
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Independent analysis and recommendations
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Practical insights to guide HR and leadership decisions
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