What is Competitive Pay?

What is Competitive Pay?

Competitive pay is defined as an employer offering a salary that is equal to or exceeds the industry standard for similar jobs in the same geographical area. Competitive pay is essential when trying to find the best talent to add to your team. It is important to stay...
Using Market Research to Anticipate Industry Shifts

Using Market Research to Anticipate Industry Shifts

Researching your market is key to successfully predicting industry shifts. But, what research is actually beneficial for your business? Check out our step by step process on analyzing market data and what tools you can use to obtain all the information you need to...
Compensation and Benefits Benchmarking

Compensation and Benefits Benchmarking

When designing a new role for your company or for a client, it is important to have the right tools available to understand all the information needed to not only write the best job description, but also put together a competitive compensation and benefits package....
Labor Market Analysis: March 2024

Labor Market Analysis: March 2024

Key Takeaways: The labor market is adding more jobs than expected. The unemployment rate has decreased.  Interest rates will likely remain the same.  Once again, the labor market exceeded expectations in March, leaving economists still scratching their heads...
Labor Market Analysis Prediction: March 2024

Labor Market Analysis Prediction: March 2024

Key Takeaways: Job listings are likely to take a dip in March. The unemployment rate is likely to rise. Wage growth will have a significant impact on our economy.  The labor market is still looking strong but unemployment rates may increase in the latest labor...