Cross-Functional · Framework · Intermediate · Saves 40+ hours
Compensation Benchmarking Framework
A framework for benchmarking and setting compensation.
What's included
- Data sources
- Benchmarking methodology
- Level mapping
- Total comp analysis
- Geographic adjustments
- Equity considerations
Best used when
- Setting offer ranges
- Annual comp review
- New role leveling
- Geographic expansion
Why this is Gold
Comp decisions drive hiring success. This framework ensures competitive, fair offers.
The template
The Template
COMPENSATION BENCHMARKING
Benchmarking Process
COMPENSATION BENCHMARK
ROLE: _______________
LEVEL: _______________
LOCATION: _______________
DATA SOURCES:
☐ Radford/Aon
☐ Pave
☐ Levels.fyi
☐ Glassdoor
☐ Recruiter intel
MARKET DATA:
25th percentile: $_____
50th percentile: $_____
75th percentile: $_____
OUR TARGET: _____ percentile
TOTAL COMP ANALYSIS:
Base salary: $_____
Target bonus: $_____
Equity value: $_____ (annual)
Total comp: $_____
GEOGRAPHIC ADJUSTMENT:
Location factor: ____%
Adjusted total: $_____
Comp Band Structure
| Level | Base Range | Equity Range |
|---|---|---|
| IC | $-$ | - |
| Senior IC | $-$ | - |
| Manager | $-$ | - |
| Director | $-$ | - |
| VP | $-$ | - |
Frequently asked questions
What is the Compensation Benchmarking Framework?
A framework for benchmarking and setting compensation.
Who is the Compensation Benchmarking Framework for?
It is built for Cross-Functionals and their teams working on Hiring. The AI coach adapts it to your company, stage, and goals.
How long does the Compensation Benchmarking Framework take to use?
It saves roughly 40+ hours versus building from scratch. Our AI coach can tailor the framework to your situation in minutes, then hand you a step-by-step plan.
Is the Compensation Benchmarking Framework free?
Yes. You can read the full framework and start getting coached through it for free. Sign in to save your tailored version and track your next steps.
How does the AI coach help with the Compensation Benchmarking Framework?
The coach teaches you the framework, asks a few questions about your business, tailors the framework to you, and gives you measurable next steps to execute.