A decade ago companies which could afford it had teams of compensation analysts whose sole job was to look at salary data and employee demographics. During the last financial crisis, analysts found themselves out of the organization as companies realized it was a "nice thing to have" vs the cost of maintaining it. Often because the data from a relatively small sample (i.e. from the organization itself or from interviews held by its recruiters) came back months later and required lots of adjustments; a company ended up overpaying some employees and underpaying others. Markets are dynamic and salaries are too, and this aged and adjusted data wasn't keeping up with the demands of constant change and volatility in the job markets.
salariesinmalta.com is addressing this dynamic and is able to provide affordable compensation data to companies, which is constantly being updated as more companies share their data on this system. New real-time and market-enabled compensation models are providing better intelligence for both companies and employees, transforming the once dark art of compensation into a data-driven science. With salariesinmalta.com, both workers and employers have their finger on the pulse of their talent markets. salariesinmalta.com is a research based system that boasts over 11,000 data points from more than 50 companies, spread across different industry sectors covering upward of 250 different job roles.
Our methodology is simple.
We encourage both individuals and companies to share their salary data to be added to our existing population. Data is verified with individuals and companies through a series of meetings and reviews before it is uploaded. Once the data is live in the system we start conducting some great analysis. We look at demographics and the compensation against different demographics, we look at specific roles and their salary across different sectors and how it is evolving over time. For more in depth analysis we can conduct some cool comparative analysis (e.g. analysis by age bracket) of specific sample population. We can crunch the data into different chunks, such as minimum, maximum, means and percentiles so that our customers can make informed decisions when they are reviewing salaries or making a career-change decision.
salariesinmalta.com brings a combination of real-time data and on-demand analytics to address the challenges of attracting the best talent and getting the most from them. More information can be obtained by contacting us on firstname.lastname@example.org or +21228772