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 #251409

Administrator/Customer Service

We are currently working with our key client to recruit a temporary Administrator/ Customer Service…
Cayman Islands
Ref #251531

Senior Compliance Officer

I am currently working with a global organization to recruit a Senior Compliance Officer in…
Cayman Islands
Ref #251537

Network & Security Engineer

SteppingStones are currently recruiting for a Network Security Engineer to join a leading organization on-island…
Cayman Islands
Ref #214640

Account Manager (Office Supplies)

SteppingStones are currently recruiting for an Account Manager to join a very reputable organization based…
Cayman Islands
Ref #247759

Assistant Property Manager

SteppingStones are currently recruiting for an Assistant Property Manager to join a leading construction firm…
Cayman Islands
Ref #247184

Business Analyst

SteppingStones are currently partnered with a leading IT solutions provider to recruit a people-focused Business…
Cayman Islands
Ref #228409

Construction Project Manager

SteppingStones are currently recruiting for a Construction Manager to join a highly reputable and progressive…
Cayman Islands
Ref #237054

Corporate Sales Executive

On behalf of a well-known local business, we are actively seeking a Corporate Sales Executive…
Cayman Islands
Ref #239454

Executive Assistant

SteppingStones are currently recruiting for an Executive Assistant to join a leading organization in the…
Cayman Islands
Ref #250253

Business Development & Marketing Manager

SteppingStones are currently recruiting for a Business Development & Marketing Manager to join a leading…
Cayman Islands
Ref #239801

HR Advisor

SteppingStones are currently recruiting for a HR Advisor to join a leading, international law firm.…
Cayman Islands
Ref #239800

Finance Administrator

SteppingStones are currently recruiting for a Finance Administrator to join an international law firm with…
Cayman Islands
Ref #242365

Network & Security Engineer

SteppingStones are currently recruiting for a Network Security Engineer to join a leading organization on-island…
Cayman Islands
Ref #235938

Legal Support

SteppingStones are currently recruiting for a Legal Support Specialist to join a global organization with…
Cayman Islands
0Pinned jobs
All Jobs
Filter Jobs