Compensation Benchmarking Guide

Setting the right salary band keeps you competitive in the talent market without overpaying. This tool builds a 3-tier band (minimum, midpoint, maximum) for any role based on market data inputs, pay philosophy, and geographic adjustments.

Market Data Inputs

Geographic index: national avg = 100. San Francisco ≈ 130, Austin ≈ 110, rural Midwest ≈ 80.

Pay Philosophy

Minimum
Entry of band
Midpoint
Target hire rate
Maximum
Top of band
Geographic Adjustment
Pay Philosophy
Band Spread