The US Internal Compensation Estimator is a user-friendly tool designed to help staffing firms benchmark their internal workers’ pay. It takes into account employee criteria such as job title, years of experience, and staffing segment focus, and allows users to adjust for geographical location. Let’s take a closer look at the tool and its features.
The tool has three main pages:
1. Compensation By Geography:
This page is where the majority of the tool’s functions are located. It offers four comparison views and allows users to further refine their search by selecting specific employee criteria. To make benchmarking easier, the tool displays the median, 25th percentile, and 75th percentile side by side, providing a range of values.
The page offers multiple data cross-sections, including “across industry experience,” “across staffing segment focus,” “across job title,” and “across company size.” Additionally, users can define compensation by selecting “metric” options such as base salary, total cash compensation, bonus, or bonus as a percentage of base pay.
2. Y/Y Change in Base Salary:
Stay up to date with the latest trends in base salary. This tab provides a breakdown of the percentage increase in base salary based on an employee’s role, staffing segment focus