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featured image thumbnail for post Good Pay Decisions Need Reliable Market Data

Good Pay Decisions Need Reliable Market Data

Salary survey data is essential for companies to benchmark employee salaries against the market to attract and retain top talent. But with so many different job families and cuts of the data to consider, it can be overwhelming.

Kamsa's proprietary market compensation data is available across 60+ countries and streamlines companies’ process to make informed pay decisions that will drive employees' performance and achieve business goals. 

What makes our proprietary salary market data more uniquely reliable is that it’s not only sourced from HR-reported employee data, but also validated via technology and compensation experts.

It covers over 2,000 jobs across North America, Europe, Latin America, and Asia, and includes granular engineering job families such as:

  • Battery Engineers
  • Blockchain Engineers
  • Data Engineers
  • Data Scientists
  • DevOps Engineers
  • Electrical Engineers
  • Information Security Engineers
  • Machine Learning Engineers
  • Manufacturing Engineers
  • Mechanical Engineers
  • Networks Systems Engineers
  • Process Engineers
  • Product Engineers 
  • Product Security Engineers
  • QA Manufacturing Engineers
  • R&D Engineers
  • Site Reliability Engineers
  • Software Engineers
  • Software QA Engineers
  • Test Engineers

Kamsa's salary survey database also includes job families across various functions, such as Accounting, Customer Service, Customer Success, Finance, People/HR, IT, Legal, Marketing, Operations, Professional Services Consultants, Product Managers, and Sales. 

Market salary data is available across various job levels within each functional area and available even for specialty areas like Clinical Health and Real Estate.

By benchmarking employees’ salaries against Kamsa's market survey data, companies ensure they pay employees fairly and competitively; Hundreds of companies leverage Kamsa to do just this in the following ways:

  • CEOs view our dashboards & analytics to quickly view the health of the pay for the entire organization, by department, or by employee. 
  • Recruiters use our Open Jobs feature to view and ensure offers are made competitively from the start. 
  • HR/People teams use our Market Compensation page to establish salary ranges that align with the company's desired compensation philosophy.
  • Managers use our tool to calculate various pay recommendation scenarios for their employees. 
  • Finance uses our Comp Review Planning tool to thoughtfully budget for the year’s compensation reviews. 

With Kamsa, you can make thoughtful pay decisions that attract and retain top talent, as well as drive productivity and performance. Kamsa’s standard implementation process involves job leveling and establishing career paths across the organization, articulating a compensation philosophy, and finalizing salary ranges to align with your company’s needs. 

Schedule a demo today to see how Kamsa’s holistic approach to compensation can help you to make smarter pay decisions.

About Kamsa

Kamsa is a compensation data and management solution that empowers leaders to make data-driven pay decisions. Built by compensation experts, Kamsa acts as an extension of your team, providing you with the insights and support you need to create and implement a fair and competitive compensation program.

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