Tuscan Consulting is a leading Compensation & Benefits consulting firm in the UAE, providing salary benchmarking, executive compensation advisory, and reward strategy development to help companies stay competitive in today’s talent-driven market. Our data-driven approach ensures that your pay structures are aligned with industry benchmarks while maintaining internal equity and cost efficiency.
Compensation and benefits programs aim to achieve internal equity and external competitiveness. Incorporating regular salary benchmarking into these programs helps companies in the UAE and beyond attract, motivate, and retain the right talent by ensuring their pay practices are aligned with the market
At Tuscan Consulting, we leverage extensive market data to design robust compensation programs that drive performance by linking fixed and variable pay to the achievement of business goals. Our approach establishes a clear link between an organization’s objectives and employee rewards and growth, ensuring that compensation is both fair internally and competitive externally.
Getting your compensation and reward strategy right is crucial for your business. Our research suggests that in some industries, payroll costs account for up to 70% of total operating costs. A smart compensation and rewards framework supported by regular salary benchmarking exercises provides a competitive edge by correctly rewarding and motivating the right talent while controlling costs. With our data-driven insights and expertise, we help you get the most from your investment in employee pay and benefits.
Salary benchmarking is the process of comparing your company’s pay levels and benefits against market standards to ensure you offer competitive and equitable compensation. In a dynamic market like the UAE (and across the GCC), salary benchmarking is vital for businesses of all sizes.
By regularly benchmarking salaries, companies can identify gaps between their pay and prevailing market rates, enabling informed adjustments to attract and retain top performers. It also helps maintain employee morale, as team members feel confident that their compensation is fair compared to industry peers.
1. Attracting and Retaining Talent: Offer competitive salaries and
packages that draw top talent and reduce employee turnover.
2. Optimizing Payroll Costs: Avoid overpaying or underpaying by
aligning salaries with real market data, ensuring efficient use of
your payroll budget.
3. Ensuring Fairness & Equity: Promote internal equity and
transparency, boosting employee satisfaction by providing fair pay
for each role level.
4. Staying Compliant & Informed: Stay up-to-date with UAE labor
laws and market trends, adjusting pay structures in line with
local regulations and economic conditions.
At Tuscan Consulting, we employ rigorous salary benchmarking methodologies as part of our Compensation & Benefits consulting. This includes conducting compensation surveys, analyzing industry salary reports, and leveraging our proprietary GCC pay database – one of the largest in the Middle East. We match your roles with equivalent positions in the market (using robust job evaluation and grading techniques) to compare salary ranges, bonuses, and benefits.
The result is a clear understanding of how your compensation stacks up against the market in Dubai, Abu Dhabi, and across the region. Our salary benchmarking insights inform your reward strategy, ensuring any recommended pay adjustments are sustainable and aligned with both market and business goals. With Tuscan’s broad geographic reach (covering the UAE, GCC, and 75+ countries worldwide), we can also perform cross-country salary benchmarking for multinational organizations.
Our experienced compensation consulting team offers a complete range of compensation, rewards, and salary benchmarking services, including:
1. Job Evaluation & Grading Structures:
Establishing clear job hierarchies and grading frameworks that
complement salary benchmarking efforts and ensure internal
equity.
2.
Compensation Surveys & Salary Benchmarking:
Conducting in-depth market salary surveys and benchmarking
studies to calibrate your pay scales with industry standards
in the UAE, Saudi Arabia and beyond.
3. Detailed Remuneration Design: Developing
comprehensive pay structure designs (base salary, allowances,
incentives) tailored to your business, using market benchmarks
to remain competitive.
4. Executive Compensation: Designing
executive pay packages (base, bonus, equity) informed by
executive salary benchmarking and best practices, so you can
attract and retain high-caliber leadership.
5. Sales Compensation: Creating incentive and
commission plans that drive sales performance, aligned with
market norms for sales roles.
6. Total Rewards Strategy: Building holistic
total reward strategies – integrating salary, benefits,
bonuses, and other rewards – using salary benchmarking data to
ensure each element is market-aligned and supports your
company’s goals.
7. Short-Term Incentive Plans (STIPs):
Crafting bonus and commission schemes that reward short-term
achievements, balanced against market bonus benchmarks.
8. Long-Term Incentive Plans (LTIPs):
Implementing long-term rewards (e.g. equity plans, deferred
bonuses, retention schemes) that are competitive and motivate
sustained performance.
Tuscan Consulting has broad experience creating effective compensation programs for clients across a variety of industries. We have helped hundreds of organizations optimize payroll costs, benchmark their salaries against the market, and reward the right talent.
Why Tuscan Consulting?
Get Started: Ready to strengthen your compensation strategy with data-driven salary benchmarking? Contact Tuscan Consulting today. You can also request our free resources, case studies, and work samples for compensation & benefits management and salary benchmarking to learn more about our approach.
Write to us at info@tuscan-me.com or call us at +971 4 558 3158 for more details...
