Salary Survey for a client in the education sector
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Client
A leading IB curriculum school chain in the UAE.
Assignment
Benefits to the client
Bottomline
Conducted a confidential salary survey of comparable schools for key academic positions. Since some of the other schools had some hesitation in participating in this survey, we improvised and worked through our network to access the survey targets. The survey methodology included:
1. Preparing a broadsheet of cost-to-company data for each key position
2. Deriving a position equivalence with academic positions in comparator schools
3. Collecting salary data for all components and benefits
4. Comparing data on key indicators such as CTC, basic salary, housing benefits, children’s education and leave travel.
1. Accurate benchmarking information for comparing salaries and benefits across comparator institutions
2. Comprehensive market information that set right staff members’ incorrect assumptions about the market
3. Client was able to structure their salary components in line with market
Client experienced higher employee retention levels and a vastly improved ability to hire top talent.