Determine the appropriate salary
Compensation Partner, founded in 1999 and part of The Stepstone Group since 2019, is a specialized tool for determining fair and competitive compensation. With the cloud-based self-service tool, companies can create or adjust salary structures, increase the effectiveness of job advertisements and retain talent in the long term. The solution also enables compliance with legal obligations under the German Transparency in Wage Structures Act and the EU Directive. https://www.stepstone.de/e-recruiting/hr-wissen/gehalt/entgelttransparenzgesetz/
Compensation Partner’s salary database comprises over 250,000 data records for over 200 job families in more than 50 industries. It provides information on up to nine salary components, including base salary and benefits such as company car. The database provides detailed salary benchmarks and reports that can be used in various areas:
- Preparation for salary negotiations
- Creation of salary structures including grading and salary bands
- Definition of market-competitive salaries for job ads
- Calculation of the gender pay gap.
Our USPs:
- Plug & play: immediate use of the tool possible
- Simplicity: usable even without compensation & benefits expertise
- Up-to-date: updated salary data twice a year
- Level of detail: nine salary components, e.g., company car
- ROI: pays off after the first evaluated position
Compensation Partner is available as a subscription service or through individual salary reports.
