Remuneration Benchmarking & Modelling
Maximum value and efficiency from the right model/level/resource mix.
Underpinning any successful marketing initiative is the right remuneration model for your marketing requirements. Does your model consider your specific marketing requirements and scope of work? Is it scalable if your needs change? Does it incorporate data from the latest salary surveys? Does it encourage collaboration? Will it stimulate the best work from your agency?
Enth Degree takes a wholistic approach to remuneration reviews and remuneration modelling, with all elements taken into consideration – your internal structure, your scope of work, the type and allocation of resources, salary benchmarks, barriers to implementation, performance and productivity measures, etc.
- Internal Process & Administration Analysis / Mapping
- Scope of Work Analysis & Alignment
- Supplier Budget Setting
- Resource Allocation Recommendations
- Remuneration Framework Options
- Scenario Outcome Testing
- Model Creation & Implementation Plan
- Agency Liaison for Model Implementation
- Pricing & Resource Submission Evaluation
- Existing Structure & Level Assessment
- Project Rate Card Development
- Cost Benchmark Comparison for Equivalent Competitive Agency Services
- Target Pricing Development
- Negotiation Strategy Development
- Commercial Terms Finalisation
- Contract Schedule Development & Implementation
- Additional Charges Review (e.g. research, technology, other third party)
- Remuneration Negotiation – lead or guide
Our expertise in remuneration model development, remuneration level benchmarking, and negotiation strategy spans government and corporate advertisers across a multitude of industries.
Our innovative and impartial approach to value management is reflected in our methodology. We evaluate remuneration levels and time allocation by individual resource and/or project. We constantly update our salary benchmarks database to ensure evaluations are relevant to the current marketplace.
The objective is to negotiate fair outcomes for all parties, and assist in building a successful client/agency relationship to ultimately drive value.
