Eminent Consultants

Rated 5 Star by 1000+ HR
5/5

Compensation Benchmarking Company in Faridabad

Eminent Consultants is a leading Salary & Compensation Benchmarking firm based in Faridabad, with over 15 years of proven experience in delivering comprehensive salary benchmarking solutions. Our team combines deep industry expertise with practical insights to provide accurate, data-backed compensation intelligence that helps organizations attract, retain, and reward top talent effectively.

Backed by a PAN-India database covering all industries, sectors, and organizational levels, we follow a scientific, data-driven approach to ensure every recommendation is timely, reliable, and aligned with current market realities.

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15+ Years Experience

We have over 15+ years experience in salary benchmarking in Faridabad

100% Geuine Data

We have 100% genuine data accross job roles in all business verticals in India.

'Right' Payscales to Retain Talent

Get current salary trends so that you retain the best talent at economical prices.

Ethical Process

100% ethical process with assurance of confidentiality as per NDA.

Get the Market Standard Salary rates for your Company Jobs with 100% genuine primary data

In Faridabad, many organizations are grappling with high employee attrition, driven by aggressive talent acquisition by global firms and increasing competition in the local job market. This makes it challenging for businesses to design compensation packages that retain top-performing employees. Losing a key employee is costly — it can take 8 to 10 months to recover the lost productivity, expertise, and performance.

To tackle this challenge, progressive organizations in Faridabad are adopting a strategic, data-driven, and scientific approach to establish industry-aligned salary benchmarks, moving away from assumption-based or instinctive decisions.

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How Salary Benchmarking Works ?

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Detailed Analysis

We do a detailed study of the organisation and different roles in it.

STEP 1
Compensation benchmarking services

9 Parameter Matrix

Identifying key attributes for each role with help of our 9 parameter matrix.

STEP 2
salary benchmarking

Comparable Matrix

Based on data, we then create a comparable matrix at the backend.

STEP 3
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Priority Sequence

We then identify the priority sequence based on organisation prefences.

STEP 4
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Tailor-made survey

Conducting a tailor-made survey and collecting details as per the requirement.

STEP. 5
salary benchmarking Data Analysis

Data Analysis

Our experts analyse the gathered data to create a full fledged report for you.

STEP 6
salary benchmarking survey

Further Assessment

Applying research methodology and further assessment of numbers.

STEP 7
compensation benchmarking

Benchmark Report

Get a totally authentic report with benchmarks and much more!

STEP 8

What Makes Us So Special ?

We don’t provide just any generic data. Rather we provide you the option of comparing your organisational roles to those of specific competition.

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Our Presence in Faridabad

Eminent Consultants is a trusted leader in salary benchmarking services, with a strong presence and loyal client base in Faridabad. Our compensation benchmarking solutions empower organizations to determine competitive and industry-aligned salaries, helping them attract, retain, and motivate top talent with confidence.

Our Recent Projects & Customer Reviews

We have partnered with leading organizations across a wide range of industries in Faridabad and beyond — from IT services, software products, WordPress and Shopify development, Google Ads management, to manufacturing, healthcare, construction, space, defense, education, logistics, fintech, fashion, retail, consulting, AI, telecom, automotive, pharmacy, biotechnology, infrastructure, agritech, and more. Our solutions consistently enable businesses to drive growth, enhance performance, and achieve lasting success.

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Frequently Asked Questions

Best Talent in your organisation needs the following four things:
  1. The right compensation
  2. The right treatment
  3. The right working environment
  4. The right Career Progress mechanism
and if you see systematically, the answers to these challenges are as follows:
  1. The right compensation - Solved by Compensation Benchmarking and Salary Structure revamping
  2. The right treatment - Employee Engagement Survey for feedback of how they feel and are they getting treated well?
  3. The right working environment - Employee Surveys to know any problems in current work environment and what could be done better?
  4. The right Career Progress mechanism - Competency Mapping, Learning & Development, Band Formation and refinement, Benefit packages, Entitlements, Rewards & Recognition
This way the best talent can be retained, good talent can be attracted and employee attrition can be controlled.
Employees are productive when they feel the following:
  • The workplace is conducive for them to implement the best things
  • The right infra, facilities and tools are in place 
  • Their ideas even if appear to be silly are welcome at workplace
  • Their Managers coach them, understand them and take care of them
  • They are paid right
  • They have a great career development path or opportunity in this company
  • They have a great team and supporting team members
  • They get rewards for their best efforts
  • They get the right recognition 
  • They are creating an impact in the real time world by their work
So an employer needs to provide the things mentioned above in order to have better productivity. The way is simple and is through the right engagement of employees which can be initiated through a survey to identify where and what lacks in the current setup and then working towards it.

There are several factors that create a work environment and the most important can be the human behavioral, interpersonal and social factors. The workplace has to be free of harassment, free of abuse to be said the least. The ideas and creativity should be rewarded. Transparency and communication need to be the key. Team members need to be helping each other rather than competing in the wrong spirit. The environment of collaboration where every unique individual and their strengths are respected and synthesized well to deliver a combined multiplied output.

Creating a best employer brand need the employer to work on Employee Engagement parameters. Engaged employees and not just satisfied once make a difference. It's quite easy to start, just take an employee engagement survey and find out if your employees are engaged. If they are not, study the parameters where there's a gap and try fixing that. Apart from that benchmarking with the peer organisations of the same segment or industry helps to benchmark the best HR practices, better reward management strategies and best engagement practices.

Knowing what's going wrong with your organization first needs you to get a HR Audit or an Employee Survey done. HR audit can help the company understand what in the processes or records or practices is missing, whereas the employee surveys can help the organisation identify what from the employee perspective is not working out and should be changed. This gives a 360 degrees view to the HR of the current challenges and how those could be dealt with.

Attracting the best talent may need many things including the ones listed below:
  • The right salaries, incentives, benefits and rewards (as benchmarked right in your industry and competition)
  • Presenting the best offer letter with the ones mentioned above
  • Creating a great Employer Brand
  • Keeping video testimonials of long term employees ready
  • Showcasing the Career Development Plan in your organisation while offering the candidate
  • A professional induction program
  • Well made KPIs / KRAs and Competencies framework well before joining of the candidate

HR Heads, Managers and representatives of the companies are often quite occupied in the operational matters like solving day to day matters, firefighting, payroll, recruitment and more. This often does not let them focus on grasping new knowledge that is latest in their field. Also it becomes very difficult to do and initiate everything by self. In such scenarios the HR should consider getting the help of the OD Consultants with proven track record, so that while they get a help in getting new initiatives implemented, at the same time they can even get the knowledge and expertise on new initiatives while the consulting experts implement those in their organization. The expert consultants generally have an experience of handling clients from hundreds of companies and hence know many best practices and solutions to day to day problems. Their knowledge can help the HR representatives to grow professionally while they implement something along with HR.

Want to know more about our Salary Compensation Benchmarking Services in Faridabad?

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