How Salary Guides Can Help Human Resource Professionals
Back to Blogs
A salary guide is great for candidates to benchmark their current position in the marketplace but it can also be great for employers and hiring managers when recruiting for open positions in their business.
Four reasons for this include:
Salary Guidelines
Our consultants recruit for numerous roles throughout the year in vastly different industries and areas across Ireland. We use their experiences to pull together realistic salary guideline to help candidates and clients manage their expectations. These figures can be used by clients to help them understand their industry and competitors which will result in hiring valuable employees whose earnings equal the cost of their labour.
Identify Trends That Can Effect A Person’s Application
For changing industries like IT and the digital sphere where different skills and languages are constantly coming online there is the requirement to understand what is valuable to positions that you are looking to recruit for. Salary guides are great because consultants provide commentary on each industry offering an overview of the marketplace for the reader which will help them when hiring for new positions.
Benchmark Against Previous Years
No two years are the same and it is the same for salaries and trends. For new companies, or companies entering new territory, salary surveys can be of vital importance when making decisions and preparing hiring and budget processes. Your talent is the most important element of your company so getting this right is your most critical action.
It Can Help With Salary Negotiations
Knowing the value of a new hire is very important but at some stage an existing employee will come to you asking for a raise and salary guides can help you understand the market value of the skills and abilities that your talent possesses, as well as underlining what added value employees can gain through upskilling into new and improving areas of their trade.
