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Compensations and Salaries
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Compensations and Salaries

Compensation Survey Salary Benchmark

Advice’s Compensation Survey is the benchmark tool in Uruguay for gaining detailed insights into the salaries and benefits offered by companies. With over 20 years of expertise in compensation analysis, we gather information from more than 100 leading organizations across different industries and sizes. Based on this data, we build reliable metrics for over 300, ranging from executive roles to operational levels. In addition, we include positions across more than 10 key areas, such as Technology & Digital, Industry, and Finance.

Job Pricing - Customized compensation studies

The current transformation of the labor market requires tailor-made studies of compensation systems as a source of information and management for decision making.
 
The objective is to establish an analysis of the market remunerations of those positions required by the company, providing quantitative necessary for the definition of salary policies.
 
We provide a compensation study tailored to a specific position in the organization's structure, whether it is Managerial, Middle Management or Dependent.
 
Decisions about a company's salary structure cannot be made without taking into account the reality of today's labor market. Employees compare themselves with people who occupy similar positions in other companies, so it is necessary to analyze external competitiveness in order to establish a sound compensation strategy. This will ensure the attraction, retention and development of the best talent to achieve business objectives. 
 
The Job Pricing methodology consists of the following stages: 
  • Identify the objective and scope of the study 
  • Identify the sample of companies that will make up the study 
  • Define the positions to be studied
  • Collection and processing of information
  • Comparative analysis of positions of interest vs. labor market positions
  • Final report

Executive Compensation

We provide a compensation and benefits study for the position of general manager, in relation to the characteristics of the organization and the labor market.

Design and development of salary, benefit and incentive structures

We offer companies the design of a variable compensation system that measures results, rewards performance and monitors the management of each employee.

Contact us through our form, so that our specialists in Data Analytics services can provide the best advice for your needs.

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References

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Tiburcio Gmez 1330, Piso 4
Montevideo, Uruguay.
TEL.: (+598) 2626 1111 | advice@advice.com.uy
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