Comp Benchmarking

• Build salary range structures
• Calculate range spread and midpoint
• Design grade structures
• Create multiple range types (broad, narrow)
• Support geographic differentials

Scenario Modeling

• Model compensation scenarios and costs
• Project budget impacts
• Analyze merit increase scenarios
• Model structure adjustments
• Calculate cost of living impacts

Reporting

• Generate market pricing reports
• Create competitiveness summaries
• Build survey participation reports
• Document market data sources
• Track year-over-year trends

Geographic Analysis

• Create geographic pay differentials
• Analyze location-based pay
• Support remote work pay strategies
• Map cost of labor differences
• Handle multi-location structures

Usage

Market Analysis

const marketAnalysis = {
  surveys: [
    { source: 'Radford', weight: 40, year: 2026 },
    { source: 'Mercer', weight: 35, year: 2026 },
    { source: 'Compensation Surveys Inc', weight: 25, year: 2025 }
  ],
  aging: {
    rate: 3.5,
    targetDate: '2026-07-01'
  },
  cuts: {
    industry: 'Technology',
    companySize: '1000-5000',
    geography: 'US National'
  },
  jobs: [
    {
      internal: 'Senior Software Engineer',
      surveyMatch: 'Software Engineer IV',
      matchQuality: 'strong'
    }
  ],
  positioning: {
    targetPercentile: 50,
    hotJobs: ['Machine Learning Engineer', 'Security Engineer'],
    hotJobTarget: 75
  }
};

Range Structure Design

const rangeStructure = {
  type: 'traditional',
  grades: 10,
  midpointProgression: 12,
  rangeSpread: {
    byGrade: {
      '1-3': 40,
      '4-6': 45,
      '7-10': 50
    }
  },
  overlap: 35,
  anchoring: {
    method: 'market-midpoint',
    targetPercentile: 50
  },
  differentials: {
    geographic: {
      enabled: true,
      tiers: ['Tier 1', 'Tier 2', 'Tier 3']
    }
  }
};

Process Integration

This skill integrates with the following HR processes:

Best Practices

1. Multiple Sources: Use at least 2-3 survey sources
2. Quality Matching: Ensure strong job matches to market data
3. Regular Updates: Refresh market data at least annually
4. Consistent Methodology: Apply aging and cuts consistently
5. Documentation: Document all assumptions and methodology
6. Stakeholder Communication: Explain positioning philosophy

Metrics and KPIs

Related Skills

• SK-012: Job Evaluation (job matching)
• SK-014: Pay Equity (equity analysis)