Every employer should keep track how their employees’ compensation fares against market rates to ensure it remains competitive to help talent retention.
Ivy Leslie Tahimic
The COVID-19 pandemic has taken a huge toll on companies of varied sizes in the Philippines. The struggle of remaining afloat and managing cashflows is now of utmost importance to battle the pandemic’s crippling effects.
Salary Benchmarking is the process of comparing internal job descriptions to jobs with similar responsibilities to determine their local market rate.