Remove Benchmarking Remove Management Remove Marketing
article thumbnail

Why Your Organization Should Use Salary Benchmarking

Harvard Business

A key solution lies in salary benchmarking — using aggregated market data to establish competitive pay rates. payroll processing company revealed that access to robust benchmarking tools doubled the probability of firms setting the “right” salary. That means employers must find new ways to determine appropriate compensation.

article thumbnail

Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Use these sites even if you just left your corporate job because it’s possible your cost-of-living increases didn’t keep up with the market price for your expertise. Local market conditions: Professionals in New York and San Francisco get paid more than those in Cincinnati or Boise—by some estimates, up to 25 percent more.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Competitive Edge: ISO 20700 Certification for Management Consultant

Effective Managers

In the dynamic and competitive world of management consulting, standing out is essential. In this blog, we will delve into the comprehensive benefits of ISO 20700 training and how it can boost your profile in the management consulting industry. The field of management consulting is constantly evolving.

article thumbnail

Understanding ISO 20700: Elevating Your Management Consultancy

Effective Managers

In the dynamic and highly competitive world of management consulting, standing out is crucial. ISO 20700, developed by the International Organization for Standardization (ISO), is the first global service delivery standard specifically designed for management consulting services. This is where ISO 20700 comes into play.

article thumbnail

2020 Database Strategies and Contact Acquisition Survey Report

47% of marketers said they have a database management strategy in place, but there is room for significant improvement. Marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. New tactics to acquire data to reach marketing goals.

article thumbnail

How and When to Raise Your Consulting Rate

Successful Independent Consulting

Third, do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. If you’re not going to raise rates at the beginning of the year, start dropping hints to manage expectations. Do the math a few different ways and see how these numbers play out. for year three.

article thumbnail

How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management.