Helping a 130-year-old Manufacturing Firm examine their benefits in a difficult economic environment About ABB Visit our client profile to learn what ABB does, as well as explore their current live jobs.ABB's challengeABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. With over 130 years of experience and 105,000 employees, this manufacturing firm required our support with:An insight into external salary and benefits available across roles in production, engineering, finance, quality, and procurement.Ensuring that not only were ABB remunerating their teams fairly and equitably, but in line with competitors through a difficult economic backdrop. Examining benefits such as bonuses, holiday entitlement, car allowance, and pension contributions.Understanding wider incentives available in the market and offered by their competitors.How our People and Data Intelligence team helpedWe worked with ABB to fully understand the roles that needed benchmarking, going beyond the job titles to understand the core responsibilities, professional qualifications, and tenure expected in post. Our Data Intelligence team subsequently produced a report outlining the lower, median, and upper salary ranges available in the market across the 13 roles identified. With the base salaries, the team also provided data on the bonus, pension, and holiday entitlement available, as well as the average time to hire for each role to demonstrate the ease of recruitment. Candidate supply was examined, and in the locations provided by the client, we provided the number of candidates available for each role, and the gender split across each. A report was given to the client to fully demonstrate the findings, along with all sources and references used. The results Client testimonialWe decided to run a report after receiving feedback from potential candidates that our salaries weren’t in line with their expectations of the market. We also wanted to ensure our existing teams were being remunerated fairly, against additional feedback that we were underpaying. Whilst undergoing an internal salary review, we needed external market insights. The report the HR Advisory team provided was very useful and gave us clarity on our salary position in the market. HR Business Partner ABBGet to know our HR Advisory services Our team of HR experts provides a variety of services, from supporting our clients with salary benchmarking to career transition support. Discover more Contact us todayFor more information on how we can transform your business, contact our team today using the contact form below.IMPORTANT: By submitting your email address and any other personal information to this website, you consent to such information being collected, held, used and disclosed in accordance with our PRIVACY POLICY and our website TERMS AND CONDITIONS.Webinar & eventsBrowse our library of webinar & events for exclusive market insights. Join or watch on-demand Read our related articles Reverse mentoring schemes: why they’re important and how to set up your ownMentoring has long been a cornerstone of talent development, allowing experienced members of staff to impart their…By Michael Page People analytics in HR: getting the best out of your peopleThe HR function has seen a multitude of developments over the years in terms of new technologies, AI, and automation…By Michael Page 10 Skills propelling HR forward in 2019The human resources function is in the midst of a technological revolution and roles within the sector are evolving…By Michael Page How important are leadership development programmes?Encouraging leadership development within your organisation is crucial to the lasting success of your business. Leaders…By Michael Page The importance of data in the HR worldSince the reduction of all-paper systems and the introduction of GDPR, it has never been more important to make sure…By Michael Page How to prepare your workforce to work alongside artificial intelligenceWe’ve all seen the headlines about the ‘rise of the robots’ as AI and automation become increasingly prevalent in the…By Michael Page Pagination Show more