Available for the following plan: Free, Standard, Premium, Platinum
Available for the following user access levels: Manager, Admin
For small businesses, salary benchmarking can be a key tool for keeping costs low while offering fair salaries that attract the right people.
Questions
- What is Salary Benchmarking?
- Where does our data come from?
- Who can access the Salary Benchmarking tool?
Answers
What is Salary Benchmarking?
Salary Benchmarking provides a clear picture of wage trends across different industries, so you can make smart choices for your next hire.
Where does our data come from?
Employment Hero provides its SmartMatch insights by utilising platform data only in anonymised and aggregated form to protect customer personal data in compliance with data protection laws.
Who can access the Salary Benchmarking tool?
Admins, owners, and users with Use access to the recruitment module have full access to Salary Benchmarking and SmartMatch recommendations for all roles within an organisation.
Users with recruitment-related job titles will be able to use Salary Benchmarking and see SmartMatch recommendations. These job titles must contain one of the following terms: "Talent," "Recruiter," "Recruitment," "HR," and "People" and "Culture."
People Managers can use Salary Benchmarking and see SmartMatch recommendations for all roles that appear below them in the organisational hierarchy. They are not able to see roles that are above or beside them in the organisational structure.
Hiring Managers can use Salary Benchmarking and see SmartMatch recommendations for the roles that they have been listed as a hiring manager for in the Recruitment Module.
Explore related content
- Manage an employee's salary history An employee's salary may change because of a promotion, pay review, or yearly raise. This would require updating the information stored within the HR classic platform.
- SmartMatch questions answered via the HR platform SmartMatch connects your organisation with the best talent who are fit for your job openings, existing roles, and future vacancies.