As a leading reason for individuals looking to move from one role to another, salaries and overall compensation packages are vital when attracting and retaining talent.

From both a candidate and client perspective being aware of salary benchmarks and market trends is vital information to have before commencing the process of hiring and/or looking for a new position. Not only that but during annual salary reviews, it is powerful information to ensure employee retention. Here’s why:

Employers

Know what your competitors are doing. The recruitment market is a competitive, busy, cut-throat place sometimes and it is vital to understand what the current landscape looks like across your industry. By being mindful of salary and benefits packages being offered at all levels, you will be able to remain competitive by offering your current employees a realistic and healthy package in addition to attracting new talent with a generous and fair offering.

Employees

In short, know your worth. This does not mean conducting a survey of your peers to see what they are earning; rather take it upon yourself to conduct some research. Look at the newspaper adverts to see what is being advertised and at what salary range. Look at the benefits package available for candidates at a similar level to you in terms of qualifications and years of experience. Have educated and realistic expectations in mind so that you are well prepared to confidently answer any questions in relations to your expectations during the interview process.

For both parties it is vital to remember that offers are no longer determined by the base salary. The health insurance benefits, vacation days, bonus structures, pension and remote working days etc., all play a huge part in determining the attractiveness of the offer.

SteppingStones offer an ad-hoc service which allows us to provide you with up to date salary data upon request.

For more information please contact: info@steppingstonesrecruitment.com

CV Assessment And Interviewing
Read more
Career Transitions
Read more
Salary Benchmarking
Read more
Permanent Recruitment Solutions
Read more
Temporary support staff
Read more
Executive recruitment
Read more
Ref #416477

Accountant

My Client, a Global organization with a strong presence in the Cayman Islands is looking…
Cayman Islands
Ref #416520

Service Coordinator

My client, a Global organization is looking to recruit a Sustainability Service Coordinator in to…
Cayman Islands
Ref #416534

Claims Examiner

On behalf of our client, a locally operated insurance company, we are actively searching for…
Cayman Islands
Ref #416530

Assistant Manager (Health Insurance)

On behalf of one of the longest established Insurance companies on island, we are actively…
Cayman Islands
Ref #412404

Marketing Administrator - Part-time - Temporary

On behalf of our client, a local independent marketing company, we are actively searching for…
Cayman Islands
Ref #252301

Construction Manager

On behalf of our client, a medium sized firm on island, we are actively seeking…
Cayman Islands
Ref #412402

Appliance Technician

On behalf of our client, we are actively searching for an Appliance Technician to join…
Cayman Islands
Ref #412401

Refrigeration Mechanic

We are actively searching for a Refrigeration Mechanic to join our clients growing team! This…
Cayman Islands
Ref #416523

Director - After-School Programme

SteppingStones are delighted to be assisting a fantastic not-for-profit organization who are looking for a…
Cayman Islands
Ref #323333

Bermuda - Senior Associate - Litigation

SteppingStones are proud to be working alongside a leading law firm in Bermuda who are…
Bermuda
Ref #249808

Litigation/Dispute Resolution Associate

SteppingStones are seeking work exceptional lawyers to join the dispute resolution team of a leading…
Cayman Islands
Ref #221403

Senior Corporate Associate

On behalf of our client, a highly regarded Cayman Islands law firm with an international…
Cayman Islands
Ref #411549

IT Professional - SQL/Viewpoint

This is a really exciting opportunity for an IT professional with extensive Viewpoint/SQL experience to…
Cayman Islands
Ref #403107

Corporate Administrator

We are recruiting for an experienced Corporate Administrator to join a busy and dynamic Cayman…
Cayman Islands
0Pinned jobs
All Jobs
Filter Jobs