Compensation Benchmarking Software Built to Enhance Retention

isolved Benchmark Insights provides data-driven benchmarks from over six million employee records, enabling organizations to compare their internal positions with industry standards for salary, tenure, and turnover, helping to stay competitive and make informed compensation decisions​​.

Yes, by understanding and keeping up to date with industry standards for compensation, you can tailor your offers to attract and retain top talent, thus enhancing your talent acquisition strategy​​.

You can easily view position-specific benchmarks for salary, tenure, and turnover, providing critical insight into how your organization compares with industry averages​​.

It leverages aggregated data from millions of employee records to provide benchmarks that help you evaluate where you stand against the competition, define goals, and create action plans to achieve desired outcomes​​.

Yes, isolved Benchmark Insights allows you to drill down into employee data to analyze where individuals stand in comparison to benchmarks, enabling personalized and strategic compensation planning​​.

Benchmarks are updated on a quarterly basis, ensuring that your organization has access to the most current industry data for making compensation decisions​​.

Yes, in addition to its own comprehensive dataset, isolved Benchmark Insights allows the import of additional third-party benchmarking data for even more detailed comparisons and visualizations​​.

It complements Predictive People Analytics by providing benchmark averages for salary, tenure, and turnover, which can be used alongside predictive modeling capabilities to forecast how changes can affect future turnover outcomes​​.

Yes, it offers the capability to match internal job titles to benchmark job titles, allowing for accurate and relevant comparisons. This functionality is flexible and does not mandate delineation by state or industry unless necessary​​.

The dashboard allows users to filter and access clickable charts for individual data analysis. It provides a comprehensive view of how salary, tenure, and turnover metrics compare to industry benchmarks, aiding in strategic planning and adjustments​​.