PALKKAVAAKA® COMPENSATION SURVEY

Finnish market pay data to support decision-making

CONTACT US

PALKKAVAAKA® COMPENSATION SURVEY

Finnish market pay data to support decision-making

CONTACT US

The Palkkavaaka® compensation survey offers Finnish market pay data on employee, management and executive positions.

Rewards and compensation can give you a competitive edge on the employer market. Compensation survey offers market pay data for different-level jobs.

Payroll costs are a major expense item. A pay comparison is a useful tool when planning an organisation’s overall pay structure and reward and compensation strategy.

COMPENSATION SURVEY OFFERS UP-TO-DATE INFORMATION

Mandatum carries out a Palkkavaaka® compensation survey annually.

Compensation survey provides you with excellent tools for planning your organisation’s pay policy. Based on the Palkkavaaka® job evaluation, you can compare pay within your company and against that of peers, as well as by business sector. Pay comparisons offer reliable market pay data for different-level jobs.

The comparison is carried out using the Palkkavaaka® job evaluation system, which can be used to compare jobs that have the same requirement level within the organisation or externally. All companies and other organisations can take part in the comparison, regardless of whether the organisation has a remuneration scheme in place for determining pay levels. The comparison includes, among other things, basic pay, benefits and paid performance bonuses.

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HOW A PAY COMPARISON IS CARRIED OUT

For the market pay comparison, the organisation’s jobs are placed in the job grade used in the Palkkavaaka® comparison in a meeting with the organisation’s representatives and Mandatum’s experts. Then, the organisation supplies Mandatum with payroll data. The comparison results and experts’ observations are discussed in a personal review of the results.

The Palkkavaaka® market pay comparison basic package includes the sorting of the organisation’s jobs into market pay classes, a pay comparison in two selected sectors, a review of internal pay practices, a personal review of results, and a Palkkavaaka® and HR 1st Class seminar.

The prices of the Palkkavaaka® market pay comparison are

  • For organisations of fewer than 50 persons, EUR 3,700 + VAT
  • For organisations of more than 50 persons, EUR 5,700 + VAT

BENEFITS OF THE PALKKAVAAKA® COMPENSATION SURVEY

  • The insight of an expert in employee rewards and compensation and recommendations for planning the pay policy.
  • Up-to-date information on the market and on internal pay practices to support your company’s pay decisions.
  • Ensuring external competitiveness: How can you keep the best talent? Are your company’s rewards and compensation competitive in recruiting the best talent?

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SIGN UP FOR THE COMPENSATION SURVEY

  1. PLEASE ENTER YOUR CONTACT DETAILS

    We will contact you to tell you more about the comparison. In the ‘Additional information’ field, you can include, for example, the best time to call you.

  2. WE WILL REVIEW YOUR ORGANISATION’S SITUATION

    In the discussion we can review your organisation’s situation and the benefits and execution of the market pay comparison.

  3. AGREE ON FOLLOW-UP

    If your organisation decides to take part in the comparison, we can agree on a suitable timetable.