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 your organisation's competitors or comparators pay more than and 75% pay less than the indicated value.
Your organisation's pay levels will match your organisation's competitors for the first half and lag the market during the second half of your organisation's remuneration review year
As a “lead payer” organisation you will be in a position to attract, motivate and retain experienced and high performing human capital.
To match comparators for the entire financial year
Your organisation's remuneration levels will match your compators during the first half of the relevant year and lag the market during the second half of your organisation's remuneration review year
Equals the “median quartile” or 50th percentile market levels plus the projected market increase for the following year. The 50th quartile is a figure which marks the level where 50% of the organisations' pay more and 50% pay less.
As a “match” payer your 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.
Your organisation’s pay levels will “lag” the market during the first and second half of the year.
As a “lag” payer your organisation will start losing its ability to attract top human capital with the necessary knowledge, experience, skills and competencies required for the position however you may be able to offer additional training and development opportunities as a means to attract and develop employees.
National CPR association
National CPR association