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 Download our Guide to Salaries and Hiring Strategy in HRDemand for the best HR staff is high, with companies looking to have the edge over rivals. When it comes to HR…By Michael Page How HR departments can make the return to office a successFollowing long periods of enforced remote working due to pandemic lockdowns, many UK employers have been bringing staff…By Michael Page Talent Trends: The Hiring Landscape in Human Resources for H2 2021 We’ve all seen how the Covid-19 pandemic has shifted the world of work entirely. Here at Michael Page Human Resources,…By Michael Page2 min read Leadership Forum insights: Tackling workplace racial inequality In this exclusive Michael Page Human Resources article, we discuss the insights that came out of our recent leadership…By Michael Page Are UK HR departments ready for the legal hurdles of 2021? The Covid-19 pandemic made 2020 a truly challenging year for HR professionals, who found themselves coordinating huge…By Michael Page How to manage a five-generation workforce As individuals from Generation Z begin to enter the workforce and many professionals over 60 are delaying their…By Michael Page Pagination Show more