Market Rate Card Services
Establishing Market Rate Cards to monitor spend and support savings and retention strategies begins with The People Ticker. Our Market Rate Card Services will provide your HR and procurement organization with visibility into today’s compensation benchmarks and a guide to setting billing rates, justifying savings, negotiating, and controlling retention and time to fill strategies. Market Rate Cards are ideal for smaller business or enterprises conducting a small number of searches at infrequent intervals.
The People Ticker Market Rate Card will assist you in saving and planning when:
- Defining rate structures for all types of contingent or temporary labor
- Setting salary bands for recruiting full-time employees for any skill sets
- Identifying when you are paying too much or too little
- Comparing locations for projects and RFPs
- Pricing skill specific job descriptions and statements of work
- Identifying trends in pay rate, markup, bill rate and annual salary benchmarks
The People Ticker Market Rate Card provides market fluctuations for these components between rate card intervals for five distinct experience levels (junior, mid, senior, lead, guru):
- Market pay rate averages and ranges
- Industry markup averages and ranges
- Market billing rate averages and ranges
- Annual salary averages and ranges