Market Rate Benchmarking
Labor rates are one of the key driving forces behind an effective, and profitable, workforce program. By working with HCM Strategies, you can be confident that you’re getting access to the most comprehensive, accurate and holistic rate intelligence available.
WHY CHOOSE HCM STRATEGIES TO HELP DRIVE YOUR WORKFORCE STRATEGY?
EXPERIENCED COMPENSATION
STRATEGISTS
More than 40 years of combined experience in human capital management.
Powerful Proprietary
Rate Technology
Comprehensive and holistic market rate data that ensures accuracy and actionable insights.
Expert Analytics
Professionals
Highly skilled analysts that generate data-driven workforce solutions.
WORKFORCE COST SAVINGS
REDUCE WORKFORCE COSTS AND ATTRITION BY IMPLEMENTING A MARKET-BASED PAY STRATEGY.
Maverick spend can have a significant impact on your business and its bottom line. With a market-based pay strategy, you can reduce the risk of cost leakage, and make sure you’re filling roles that meet the labor demands of your business. It’s a win-win.
LABOR RATE VALIDATION
MULTI-SOURCE DATA VALIDATION DRIVEN BY PROPRIETARY AI TECHNOLOGY
ARCH AI — our proprietary market-rate technology — leverages over 1.5 million data points from over 65,000 sources every week, giving you the comprehensive and holistic market-rate data that you need to make smarter and faster hiring decisions.
LABOR RATE VALIDATION
MULTI-SOURCE DATA VALIDATION DRIVEN BY PROPRIETARY AI TECHNOLOGY
ARCH AI — our proprietary market-rate technology — leverages over six million data points from over 65,000 sources every week, giving you the comprehensive and holistic market-rate data that you need to make smarter and faster hiring decisions.
PROACTIVE MONITORING
KEEP YOUR FINGER ON THE MARKET’S PULSE.
HCM Strategies is a seamless extension of your team—whenever you need us. That’s why we assign an experienced compensation analyst to your account who will work tirelessly to make sure your market-rate data is accurate, up-to-date and aligned with your business needs.
BENEFITS:
- A dedicated compensation analyst with extensive experience across various industries.
- Frequently monitoring market-rate fluctuations from multiple data sources to ensure greater accuracy.
- Monitor both full-time and contingent wage data
SEE WHAT WE CAN DO FOR YOU
Full-Time & Contingent Workforce Cost Savings
Avoid Over/Under Paying Your Workforce
Comprehensive, Holistic, and Accurate View of Market-rates
Identify Data Discrepancies and Outliers
Improve Talent Acquisition and Retention
Dedicated Expert Compensation Analyst Support
Mitigate Organizational Risk
Data Privacy
CONTACT US
WHO WE ARE
With more than 40 years of combined human capital management and analytics expertise, HCM Strategies is a proven expert at helping businesses hire the right talent for the right rate.
ABOUT US