Competitive Market Positions

Competitive Market Positions

 Number of permanent and fixed term contract employees budgeted for your organisation for the current financial year in ZAR 
To lead comparators for the entire organisation financial year
Equals the “upper quartile” or 75th percentile market levels plus the projected increase for the following year The 75% quartile is a figure which marks the level where 25% of the participating organisations’ pay more than, and 75% pay less than the indicated value.
The organisations pay levels will match their competition the first half of the year and lag the market the second half of the financial year
As a “lead payer” organisation. The organisation will be in a position to attract experienced and high performing talent and attract that talent by paying higher than market remuneration packages
To match comparators for the entire financial year
The organisations pay levels will match their competition the first half of the year and lag the market the second half of the financial year
Equals the “median quartile” or 50th percentile market levels plus the projected increase for the following year. The 50th quartile is a figure which marks the level where
As a “match” payer. The organisation will attempt to hire more qualified applicants than match organisations, but offer more training and development opportunities than lead organisations
To lag comparators for the entire financial year
Equals the “lower quartile” or 25th percentile market levels at the beginning of the year plus the projected increase for the following year The 25th quartile is a figure which marks the level where 75% of participating organisations’ pay more than, and 25% pay less than the indicated value.
The organisation’s pay levels will “lag” the market during the first and second half of the year.
As a “lag” payer The organisation will start losing its ability to attract top talent and employees with the necessary experience, knowledge and skills but may offer additional training and development opportunities as a means to attract and develop employees.
National CPR association
National CPR association