Eminent Consultants

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Rated 5 Star by 1000+ HR
Rated 5 out of 5

Compensation Benchmarking Company in Mumbai, Maharashtra

Eminent Consultants is the best Salary & Compensation Benchmarking Company in Mumbai, Maharashtra . With over 15+ years experience in salary benchmarking consultations, we have extraordinary expertise and hands on experience to provide you the current industry benchmark salaries so that you retain the best talent in the most Optimal way.  

We have PAN India Database with reach across all industries, sectors and segments. We follow complete scientific process and always have had a great record of timely delivery.

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15+ Years Experience

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

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.

Salary Benchmarking in India

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

In Mumbai & Maharashtra, many Companies are witnessing a never before employee attrition rates, thanks to the increased hiring by big global conglomerates and thanks to the ever increasing competition amongst the organisations to hire the best talent! Companies are finding it very difficult to provide the right match of the salaries to retain their best talent. Also the cost of one good performer leaving the company can’t be repaid back earlier than 8-10 months. Considering all this, companies want to know a strategic and scientific way to work out industry standard salaries rather than depending on a ‘gut feel’.

  • 100% primarily collected data from the surveys specially launched for you
  • ‘Super Recent’ data freshly collected for you and not the old irrelevant data
  • Only the Employers of your choice and not the irrelevant big and small players
  • Top Ethical Standards followed throughout the process
  • Hear it from the Top Brands how they got the best from us!
compensation benchmarking company in India

How Salary Benchmarking Works ?

salary benchmarking services

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
salary benchmark service

Priority Sequence

We then identify the priority sequence based on organisation prefences.

STEP 4
salary benchmarking companies

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

Our Presence in Mumbai Maharashtra

Eminent consultants salary benchmarking services has its presence and client base all over Maharashtra. Our compenstation benchmarking services help companies to identify and decide the right benchmark salaries as per industry standards.  

  • Compensation Benchmarking in Mumbai
  • Compensation Benchmarking in Delhi NCR
  • Compensation Benchmarking in Navi Mumbai
  • Compensation Benchmarking in Bangalore
  • Compensation Benchmarking in Pune
  • Compensation Benchmarking in Hyderabad
  • Compensation Benchmarking in Ahmedabad
  • Compensation Benchmarking in Chennai
  • Compensation Benchmarking in Your City

Our Recent Projects & Customer Reviews

We have empowered leading organizations across various industries and sectors, including IT services, software products,WordPress development company, shopify website agency, google ads agency, manufacturing, healthcare, construction, space, defense, education, logistics, fintech, fashion, retail, consulting, AI, telecom, automobile, pharmacy, biotechnology, infrastructure, agritech, and many more. Our solutions have helped businesses scale new heights of success.

eminent consultants salary benchmarking clients

Anita Perla

HR Head – KSH Group

We have been associated with them for over three years and as the HR Head, I am very satisfied with their services... It has been one of the best associations.

★★★★★

Krishna Rajpoot

Head HR

It was a really great experience with Eminent... Methodology, discussions, presentation, information, task execution, and recommendations were all awesome.

★★★★★

Amay Dongre

HR Manager – Advantmed India

Eminent provided excellent services to us. Their timely responsiveness, proactive approach, and detailed analysis helped us immensely in our business.

★★★★★

Aman Saini

Manager-exicom consultent

I was really impressed with Eminent Consultants. They knew their stuff, and it showed. They explained everything in a way that was easy to understand, and they were always happy to answer our questions. They got the job done on time and gave us some really solid advice that we've already started using.

★★★★★

Suraj kumar

Hr-head

We had a great experience with Eminent. From the first meeting to the final presentation, everything was smooth and professional. They really listened to what we needed, and they delivered exactly what they promised. The information they gave us was spot on, and their recommendations have been a big help. We'd definitely work with them again.

★★★★★

Ajay singh

Hr-head

3. Working with Eminent was a really positive experience. They were super organized, and their process was easy to follow. We had some great discussions, and they presented the information clearly. They did what they said they would, and their recommendations were actually useful. Overall, we were really happy with their work.

★★★★★

Frequently Asked Questions

Eminent Management Consultants brings over 15 years of hands-on experience in delivering compensation and salary benchmarking services across India, including extensive work in Mumbai. The firm has executed benchmarking assignments for diverse sectors such as IT product and services, ITES / BPO, BFSI, Tech Companies, GCCs, Manufacturing, Consulting, Healthcare, Construction, Startups, NGOs and more. Its consultants combine deep HR domain expertise with structured benchmarking methodologies, ensuring accurate job matching, credible market positioning, and practical compensation recommendations aligned with business realities.

Eminent Management Consultants offers compensation benchmarking services for organizations with as few as 50 employees and scales seamlessly up to 5,000+ employees. In Mumbai, the firm frequently supports growing startups, mid-sized enterprises, and established organizations that need structured pay frameworks without the cost and rigidity of large survey providers. Engagements are customized based on organization size, role complexity, and growth stage rather than a one-size-fits-all model.

Organizations in Mumbai typically save 8% to 15% of total compensation costs through effective salary benchmarking. Eminent Management Consultants helps identify overpaid roles, pay compression, and inefficient incentive structures while ensuring critical talent remains competitively paid. Savings arise from optimized salary bands, rationalized increments, and improved pay governance—without increasing attrition risk. For fast-growing or talent-heavy organizations, these savings can translate into significant recurring cost optimization year after year.

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 Mumbai ?

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