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Access up-to-date market pay data and economic indicators to make informed decisions about salary increases no matter your organization size and operating reach.
Managing a budget is a constant challenge for HR professionals, especially when it comes to allocating resources for salary increases.
Monitor salary increases with regular updates throughout the year
Make salary budget planning decisions across multiple markets with just a few clicks
Access benchmarked insights, designed to use by HR professionals
Salary increase planning made easy
With limited resources, HR professionals must make strategic decisions to optimize impact. Our data-driven solution empowers you to navigate this complex landscape, making informed choices that maximize value. To confront this challenge, you need robust and up-to-date data to make timely, informed decisions on compensation budgets.
Key features
- Historical trends: GDP, inflation, unemployment rates
- Salary practices: current budget status, salary increase frequency, most common salary increase effective months
- Salary increases: actual, budgeted or forecasted salary increase budgets; salary increases excluding zeros, based on economic data for a three-year time-period
- Promotional salary increases: overall salary increase for promotion, percentage of employees receiving promotion
Optimize budget allocations within salary increase budgets
Working within the constraints of a budget can be tough. Thankfully with GCPR you can breakdown salary increases by actual, budgeted and forecasted budgets, alongside current economic data.
Market coverage and delivery:
- Global subscription: 12-months of digital platform access to market-specific data for all available markets (see market coverage file); quarterly data updates; access to ad-hoc local market spot surveys conducted on salary increases or inflation; Excel and PDF downloadable files.
- Region subscription: delivery via Excel format; downloadable file of market-specific data for available markets in that region (see market coverage file.); region reports include access to market-specific data for all available markets within the selected region.
- Single market subscription: delivery via PDF; Downloadable file of data for just the selected single market.
Quarterly updates are based on market availability; industry data are not available for all markets.
Need some help deciding if this is the right solution for you?
Reach out to us to discuss which level of coverage may best suit your needs.
More details
Current release: September 2024
Next release: December 2024
Languages: Online version can be viewed in English, French, German, Italian, Portuguese, and Spanish.