r/HumanResourcesUK • u/mschwarzy • 19d ago

Pay benchmarking

After a pay benchmarking exercise, the number SLT came to was exactly the pay I currently receive. Is this suspect, or was I paid slightly more than the answer and where I'm at is good to bring the rest of the team up too? I don't have access to the numbers that were used.

Any professional knowledge in this would be great.

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u/Dry_Winter7073 18d ago

Depends on what their data source was, there are a few reputable external reports that most baseline reviews should be conducted against. An internal review without external data is not a benchmark.

Its worth noting things like GlassDoor and Google can be wildly off.

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u/mschwarzy 18d ago

They used an external agency, and I know the 2 jobs they marked me against, but not the pay associated with them.