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Are you actually paying your team in line with the market rate for the same role, right now, in your location? Most business owners don’t know the answer, and without real data, they’re guessing.
Underpay and your best people leave; or never join in the first place. Overpay and you’ve got a margin problem that’s hard to walk back. Looking at what you paid last time, or what someone mentioned over coffee, isn’t benchmarking. It’s a stab in the dark.
Employment Hero’s salary benchmarking tool solves this. Built directly into the platform, it gives you real market data on what roles are actually paying — by job title, location, and industry.
HOW IT WORKS
Type in a role, e.g. Customer Service Representative in New South Wales — and instantly you get the median salary, the full pay range across the market, and how that breaks down by seniority. You can see exactly where your offer lands and whether it’s going to be competitive. You can also see which industries are paying the most for the same role — useful if you’re competing for talent against sectors with deeper pockets.
And because it’s built into Employment Hero’s hiring tools, you can go straight from benchmarking a salary to finding candidates who fit that range — all in the same platform.
Pay is still a top reason people leave a job, and one of the top reasons they don’t accept an offer in the first place. Having the data behind your decisions means you can benchmark pay, retain your best people, and go into every salary conversation with confidence.
Salary benchmarking is available on Employment Hero’s Elite and Unlimited HR and payroll plans.
ALREADY A CUSTOMER?
Find it in the recruitment section of your platform.
NOT ON EMPLOYMENT HERO YET?
Video transcript
Minimise
Here's a question most business owners don't know the answer to. Are you actually paying your team in line with the market rate for the same role right now in your location?
Getting paid wrong costs you. Underpay and your best people leave, or they never join in the first place, overpay and you've got a margin problem that's hard to walk back. But without real market data, most employers are just guessing. They look at what they paid last time or what a similar business owner in their network mentioned once over a coffee.
That's not benchmarking. That's a stab in the dark. Employment Hero's salary benchmarking tool solves this. Built directly in the platform, it gives you real market data on what roles are actually paying by job title, location and industry, so you can make confident decisions, not educated guesses.
It works like this. You type in a role, let's say customer service representative in New South Wales, and instantly you get the median salary, the full pay range across the market and how that breaks down by seniority. Senior in that role, the market's paying around $75,000 Intermediate, 66,000. You can see exactly where your offer lands and whether it's going to be competitive.
You can also see which industries are paying the most for the same role, useful if you're competing for talent against sectors with deeper pockets. And because this is built into Employment Hero's hiring tools, you can go straight from benchmarking a salary to finding candidates who fit that range, all in the one same platform. Pay is still a top reason for people to leave a job, and one of the top reasons they don't accept an offer in the first place. Having the data to back your decisions means you can benchmark pay, keep your best people, and go into every salary conversation with confidence instead of hoping for the best.
Salary benchmarking is available on Employment Hero's elite and unlimited HR and payroll plans. If you're already a customer, you'll find it in the recruitment section of your platform. Not on Employment Hero yet? Head to employmenthero.com
to book a demo.
