Market Analysis

At Berkshire, a market analysis is very customized to each client and their individual organization. We take a holistic look at all of your employees and drill down, not just to job titles, but by being specific about each person’s individual duties and tasks. While most other market organizations use “levels” or market medians to find appropriate benchmarked salaries, we use your minimum qualifications, industry, and locations to ensure that you are positioned perfectly to attract and retain the best employees. 

Our market analysis services rely on payroll-verified data. We do not use data provided by individuals, as self-reporting can be inaccurate.  

Using all of this information, we develop appropriate pay grades/bands/ranges for your jobs. If we find disparities between these suggested ranges and your current pay, we can help you discover why and develop ways to remedy any issues given your overall budget and timeline. 

Berkshire’s Flight Risk Analysis (FRA) uses employee data (Time in Position, Time with Company, External Experience, Education, Certifications, etc.) to determine if each employee is appropriately paid within the organization’s existing or newly created pay range, or if they are above or below their marketable value. Berkshire uses this information to help organizations evaluate employee retention. The analysis alerts the organization to individuals who may find they can command a higher salary in the market should they begin looking for another position with a competitor. We can help prioritize future pay adjustments.