4 EMPLOYEE VALUE OPTIMISER | BDO LLP
Reward Staff costs are among the highest expenditure for most organisations. Reward analytics provides you with insights on your reward policies and practices, identifying how strong the alignment between pay decisions and employee performance is. This can help you allocate your employee spend in the most impactful way.
Fixed pay
Salary range by grade
Percentage of employees between lower, mid and upper salary band
Average salary for new joiners vs existing employees
100 120 140 160
143
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Grade 1 Grade 2 Grade 3 Grade 4 Grade 5 Grade 6 Grade 7 Grade 8
£95,137
£92,662
2% 2% 2%
1%
0%
3%
£71,327
£71,513
99
£56,014
£56,664
90
8% 11%
£45,690
£46,096
72
0 20 40 60 80
62
16%
16%
£37,363
£37,843
6%
3%
15%
41
9%
71
35
£28,278 £32,606
£32,117
54
28
41
£28,316
32
2% 4%
21 25
£22,164
£22,168
20 20
Existing New Joiner
Grade 1
Grade 2
Grade 3
Grade 4
Grade 5
Grade 6
Grade 7
Grade 8
Grade 1
Grade 2
Grade 3
Grade 4
Grade 5
Grade 6
Grade 7
Grade 8
Lower - Mid Mid - Upper
Salary increase by performance rating
Pay mix by grade
0.25
5.0%
Grade 8 Grade 7 Grade 6 Grade 5 Grade 4 Grade 3 Grade 2 Grade 1
2% 2% 1% 1% 0% 0% 0% 0%
68%
3%
17%
11%
74%
4%
13%
8%
0.2
4.0%
3.9%
4.0%
4.1%
4.4%
4.1%
3.6%
76%
5%
12%
6%
4.1%
3.8%
0.15
3.0%
4.1%
74%
6%
15%
4%
3.8%
4.1%
4.1%
4.0%
4.2%
4.1%
4.0%
79%
8%
10%
3%
3.9%
4.2%
3.9%
0.1
2.0%
3.8%
4.1%
3.9%
4.1%
4.0%
71%
9%
18%
2% 2% 2%
4.1%
3.8%
4.3%
3.9%
4.0%
3.3%
3.9%
3.9%
0.05
1.0%
74% 74%
14% 14%
10% 10%
4.3%
4.3%
4.2%
3.9%
3.9%
3.8%
3.8%
3.3%
0
0.0%
Grade 8 Grade 7 Grade 6 Grade 5 Grade 4 Grade 3 Grade 2 Grade 1
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
1
2
3
4
5
Average Salary Increase
Salary Benefits Pension Bonus LTIP
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