Wage Benchmarking
56% of candidates would consider another job offer for better pay.
70% of employees would leave their organization for better pay.
49% of employees chose their current employer because of its benefits.
The makeup of wage benchmarking
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Salaries can vary significantly by location, so it’s important to evaluate compensation trends based on local cost of living, industry standards, and what nearby competitors are offering.
This ensures your pay strategy meets the specific priorities of different roles, generations, and career stages—like offering growth opportunities for younger employees and stability for more experienced talent.
Look at ways to strengthen your overall compensation package. Think flexible scheduling, mental health support, career development stipends, childcare support. These can make a significant difference, especially when salary alone isn't enough to stand out.
Proven Partnerships
Blog Posts
- Talent models and partner solutions for manufacturersby HTI Workplace Expert on September 8, 2025 at 12:40 pm
There's no one-size-fits-all talent strategy. Finding and keeping talent is the #1 challenge for manufacturers today. Between […]
- Retention Starts with Pay: Optimizing Your Wage Structureby HTI Workplace Expert on September 3, 2025 at 5:41 pm
We often say that pay isn’t everything – but it's close. And for many manufacturing employees, wages are the #1 factor in deciding […]
- Workforce Retention: Best Practices for Manufacturersby HTI Workplace Expert on July 10, 2025 at 12:56 pm
For 65% of manufacturers, attracting and keeping talent is their biggest business challenge*. With the skilled labor shortage […]
- From Perk to Priority: Rethinking Maternity Leave in the Modern Workplaceby Caitlin Cullen on May 14, 2025 at 12:44 pm
As the workplace continues to evolve, the need for more supportive maternity leave policies and programs continues to grow. The […]
- Balancing employee feedback with data for a talent strategy that worksby Ashley Brooks on February 25, 2025 at 3:34 pm
Across industries, we’re hearing the same story: organizations are frustrated. They’re pouring time and money into employee […]
- Retain talent by knowing employees' love languagesby HTI Workplace Expert on February 5, 2025 at 3:42 pm
Do You Know Your Employees’ Love Language? Not Knowing Could Be Costing You...


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