Case study: Salary benchmarking – Venues/Events, entertainment - Europe

CASE STUDY

Salary benchmarking – Venues/Events, entertainment - Europe

THE CLIENT 

A premium international company specialising in live events, entertainment, and sports incorporating hospitality, retail and F&B.

OBJECTIVE

• Evaluate and streamline the company's internal job salaries based upon their own structure and aligning it with each country’s market. 
• Allow the client to compare the rate of pay offered for the same role across competing companies and countries

CHALLENGE

• Streamlining the company’s salaries across five countries.
• Standardising and understanding regional variances in job titles and role responsibilities
• Understanding each country’s employment market, remuneration, trends…
• Optimising compensation management
• Obtaining information regarding pay and benefits for multiple positions at different hierarchy levels 
• Benchmarking against similar jobs from a responsibility standpoint, not only based on job titles.

EXECUTION        

We have at our disposal:

• Our own database. This is one of the most impressive and accurate worldwide databases of screened active candidates and vacancies in the industry; therefore, this is our first point of focus when benchmarking salaries.
• Access to over 25 job boards’ databases of job advertisements
• 45+ worldwide expert recruiters across multiple sector
• Excellent relationships with leading industry businesses to collaborate on the collection and analysis of data

RESULTS

• Successfully benchmarked over 70 positions from junior level to senior executives covering entry, mid and senior salary grades across 5 European countries including the United Kingdom. 
• Assisted in crating a structure that will allow our client to build robust attraction and retention strategy

For a salary benchmarking tailored to your business’ needs, get in touch with us for more information: krishnan@corecruitment.com - +44 (0) 207 790 2666