Salary benchmarks refer to the standard pay rates for specific roles, industries, and locations, and are crucial for both employees and employers alike. Understanding salary benchmarks is essential for job seekers to negotiate fair compensation, while employers need this knowledge to offer competitive wages to attract and retain top talent.
The benchmark for a given job or industry can vary significantly based on factors such as location, experience level, and skills. For instance, a software engineer in San Francisco can expect to earn significantly more than someone with the same skills and experience working in a smaller city.
Additionally, salary benchmarks are updated periodically to reflect changes in the job market and economic conditions. Keeping up with these changes is important for both employees and employers to remain competitive.
Salary benchmarks can also provide valuable insights for professionals looking to switch careers or industries. Researching and comparing salaries across different fields can help identify opportunities for growth and advancement.
Overall, understanding salary benchmarks is essential for professionals at all stages of their career. By researching and negotiating based on these standards, employees can ensure fair compensation and employers can attract and retain top talent.
- P&L Optimisation
- Talent Acquisition
- Career Development
- Adjust salaries to economic development (e.g. inflation)
- Competitive hiring strategy
- Salary, Benchmark, Compensation, Inflation, P&L,
Ways to research position-based salaries:
- Buffer https://buffer.com/salary-calculator/senior-designer-ii/high
- Glassdoor https://www.glassdoor.de/Geh%C3%A4lter/berlin-android-lead-gehalt-SRCH_IL.0,6_IM1020_KO7,19.htm?clickSource=searchBtn
- LinkedIn https://www.linkedin.com/salary/explorer?countryCode=de&geoId=106967730&titleId=25166
- Kununu https://www.kununu.com/de/gehalt/android-entwickler-118
Research, reports & studies:
- From 2022 - detailed position overview on +200 digital positions: https://www.redsofaberlin.com/wp-content/uploads/Berlin-Salary-Survey.pdf
- From 2019 - detailed position overview on +70 digital positions: https://cogsagency.com/looking-for-work/the-2019-digital-salary-benchmark-berlin-2/
- From 2018 - detailed position overview on +40 digital positions: https://docs.google.com/spreadsheets/d/1H96ZXlT2kmw47Ra_S9Y4AZXG_-rN6YCmc3yH2LW5B2c/edit#gid=1586236246
- From 2021 - meta study on German (holistic / incl non-digital) salaries https://www.stepstone.de/Ueber-StepStone/wp-content/uploads/2021/02/StepStone-Gehaltsreport-2021.pdf
- From 2020 - summary-only, very brief: https://cult.honeypot.io/developer-salary-report-2021/developer-salaries-germany-2021
- From 2016 - meta analysis, no position benchmark: https://22iiaa2jpzc63c93rf3p9oti14j8-wpengine.netdna-ssl.com/wp-content/uploads/Berlin-Startup-Salary-Report-May2016.pdf
Crowdsourced Content & Lists:
- Design: https://docs.google.com/spreadsheets/d/1N8OI2xFDDYVtaR-ZipyzRNkeGElT8s2ACL-B7T4u6tw/edit#gid=0
- Engineering: https://docs.google.com/spreadsheets/d/1aFoSJr1qWBH3nWMeoEdFP4her8NvI7RZf6skyQmOAsU/edit#gid=257041397
Do survey, get results:
- HeyJobs https://docs.google.com/forms/d/e/1FAIpQLSfNBjebJLMY84iBpjs52w7j1sylLE6wF-WNA5ifkIb8D0x9bQ/viewform
- Seems to have a free plan https://ravio.com/pricing
- Lots of data from France https://figures.hr/
- Germany only https://www.gehalt.de/