Human Resources Consulting Industry Compensation Survey
How does your compensation stack up?
Your company’s success hinges on your ability to retain and motivate the right talent.
At D.G. McDermott Associates we’ve been helping our clients succeed at this for nearly four decades. Our annual Human Resources Consulting Industry Compensation Survey provides you with accurate, reliable and industry-specific information from an independent, unbiased third party. This survey was designed by and for your industry peers and has been running for 30 consecutive years.
Here is what it means for your business
Market Competitiveness
By understanding the current compensation trends within your industry, your company can remain competitive in attracting and retaining top talent. When you know what others in your field are offering, you can adjust your compensation packages accordingly.
Strategic Planning
This survey provides valuable data that can inform your strategic planning for budgeting and human resource allocation. You can then make informed decisions on salary structures, bonuses, and incentives.
Benchmarking
The HR Consulting Industry Compensation Survey enables you to benchmark your company’s compensation packages against industry standards. This can help identify gaps and areas for improvement in your pay scales and incentive offerings.
Employee Satisfaction and Retention
Understanding industry standards can help you structure compensation packages that are fair and satisfying to employees. As a result, employees are more likely to stay with your company, reducing costly hiring and training.
Customized Reporting
This survey provides customized reports to help you achieve deeper insights into how your company compares with similar organizations in location and/or market segment. This detailed analysis will be instrumental in fine-tuning your compensation strategy.
Legal Compliance
Surveys like the HR Consulting Industry Compensation Survey can help ensure that your company is in compliance with equal pay laws and other regulations. By understanding the industry standards, you can avoid legal pitfalls related to underpaying or unfair compensation practices.
Trend Analysis
Participating in this survey gives you access to data on emerging trends in compensation and benefits. This can be crucial for staying ahead in a rapidly changing market and adapting to new norms and expectations in your industry.
Networking and Collaboration Opportunities
Being part of industry surveys like this one can lead to networking opportunities with other participating companies. This can spur collaborations, shared learnings, and insights into best practices in compensation management.
A wise investment in your company’s future.
Participating in the HR Consulting Industry Compensation Survey is an investment in your company’s future. It ensures that you are well-informed about industry compensation ranges and can make strategic decisions that benefit both your business and employees.
Insights from your customized survey report can contribute to a more robust, competitive, and fair compensation strategy that supports the overall health and growth of your company.
Learn more about the positions and practice areas included in the survey.
Survey registration is now open!
(Note this survey is designed for organization, not individual employee, participation.)
Click the button below to get started.
"*" indicates required fields