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
blurb?
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
- 10 Ways Manufacturers Can Reduce Turnover Without Spending Moreby HTI Workplace Expert on June 10, 2026 at 5:28 pm
Labor shortages in the manufacturing industry aren’t going away any time soon. Turnover remains high, competition for skilled […]
- Working Moms Are Struggling: Here’s How Employers Can Helpby HTI Workplace Expert on May 5, 2026 at 2:14 pm
Behind every statistic about working mothers is a real person balancing work demands with caregiving responsibilities that still fall […]
- How HR Analytics Drives Smarter Workforce Decisionsby Nicole Graziano on January 22, 2026 at 5:56 pm
Most organizations know they should be using data to guide people decisions. With AI accelerating how quickly information can be […]
- 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 […]





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