New compensation benchmarks for HR, Marketing, and Manufacturing roles
Our benchmarks now support one new job area and two new specializations:
- Manufacturing (newly supported job area)
- HR Generalist (new specialization within the HR job area)
- Product Marketing Manager (new specialization within the Marketing job area)
Note: The sample size for new benchmarks are generally smaller than existing benchmarks, which could result in data volatility as we continue to update the data and grow our overall sample size.
How do I see benchmarks for the new roles?
You can view benchmarks for the new roles by:
Visiting the Benchmarks page and selecting “Manufacturing, “Human Resources, or “Marketing” under Area. Within “Human Resources” and “Marketing”, you can select any of the new specializations by selecting the Specialization dropdown.
This will allow you to view compensation benchmarks for levels 1 - 8 for these new roles
The above process can be followed for each of the new benchmarks.
How do benchmarks for the additional benchmarks affect the Employee Scorecard?
The compa-ratio is a quick way to compare an employee's compensation to your plan's target rate for a given job area, level, and location. The compa-ratios for an employee assigned to the new benchmarks will now be calculated using the target compensation for the new benchmarks.
How do I update my benchmark version to use new data?
You can preview the new benchmarks on your Scorecard by navigating to the Benchmarks page and clicking on the "Preview benchmarks" bubble in the top left.
Here you will have the opportunity to preview the new plan with the updated benchmarks version and assess their impact on your Scorecard before accepting the new plan.
If you have any questions about the new data, please reach out to your Customer Success Manager.