What's the difference between what a company wants to pay and what a candidate wants to earn?
We spend a lot of time gathering data and something we call the PAY RATIO is one of the most useful and interesting reports.
It is normally reserved for specific clients and helps us to show them the difference between what they would like to pay for certain roles and what potential candidates feel they are worth. We then overlay the final salary that was accepted by the successful applicant and when looked at over a number of months/years or a number of different roles in the business, very clear trends show up.
One of our researchers decided to combine all of the client and candidate information from Jan 2014 onwards and the resulting chart is extremely interesting and is able to demonstrate clear visually what a lot of hiring firms and hiring managers have felt in recent times.
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