Market Pricing and Analysis

Market analysis provides a means to evaluate your organization’s position within the market.

Market pricing may be used to:

  • Establish pay structures and/or pay rates
  • Track movement of market rates to adjust pay structures and/or rates
  • Provide an objective basis for setting and/or negotiating pay rates for individuals

HR Factor will assist your organization with the following:

  • Identifying benchmark jobs and carefully evaluating job matches in the market
  • Surveying the market to identify what the market is paying for similar jobs in similar organizations and competitive markets
  • Updating your salary plan(s) or develop new plans based on the market data
  • Determining how much it will cost to address pay issues or adopt the new plan

For more information about our Compensation Services, please call (479) 695-2020 or email your inquiry to us.

» Our Clients

Organizations and Companies that have benefited from our professional Compensation services.

  • University of Arkansas
  • Northwest Arkansas Society for Human Resource Management (NOARK)
  • Arkansas Game and Fish Commission

Why Choose HR-Factor Consulting?

The reasons are clear.

  • Human Resource professionals highly experienced in the business sector.
  • Experience with large-scale Human Resource project management.
  • Solid partnerships with research entities to gain valuable information without compromising client exposure or trust.
  • Partnership approach to efficiently and effectively provide our customers with workable solutions.
 
 

HR Factor provided Glad Manufacturing Company with a detailed audit of the Company's HR practices and procedures. The quality of HR Factor's final report and feedback exceeded my expectations. HR compliance expertise among the group's consultants is unmatched. - Greg Shrewsbury, Division HR Manager, Glad Manufacturing