how to use randstad's salary guide?

As the global talent market is becoming increasingly volatile, the influence of technology on everyday work is more evident than ever. The power of a well-rounded compensation and benefits package in retaining talent is undeniable.

To build lasting relationships with employees, it’s crucial to stay ahead of compensation trends and ensure exceptional onboarding experiences. Observing industry peers and crafting a competitive compensation and benefits framework is vital for attracting and retaining top talent.

Our 2024 research reveals that 44% of the global workforce now cites compensation as a major motivator for job switching. This finding emphasizes the importance of competitive compensation in retaining employees and ensuring their long-term engagement. As worker expectations become more dynamic, staying aware of these trends is essential for effective talent attraction and retention strategies.

Our 2025 salary guide provides a comprehensive view of global talent trends. Leverage our salary insights to craft a strategic workplace approach to enhance employee engagement and retention.

what the 2025 salary guide brings you

The Canadian labor market is experiencing a slowdown, with rising living costs further stressing the divide between employee expectations and employer provisions. Our 2024 research indicates a growing need for companies to address the widening skills gap and talent scarcity by enhancing in-house employee training programs.

Our 2024 research reveals that 70% of employers see skills-based hiring as more effective than traditional hiring methods. Nevertheless, AI is reshaping your recruitment strategy and the future workplace. As businesses navigate this digital shift, skills-based hiring will become crucial for creating innovative roles and achieving long-term success.

Our 2025 salary guide provides a holistic view of the talent landscape, highlighting the effects of a shifting economic climate. This guide offers a deep dive into global salary data, emphasizing trends within the Canadian talent market. In addition, with sector-specific compensation and benefits insights, you can design a tailored compensation strategy that meets the diverse needs of your workforce, fostering a highly engaged and thriving employee ecosystem.

Our 2025 salary guide is more than just a resource—it’s a powerful toolkit that aligns employee success with business success, helping you craft a winning compensation framework that sets you apart from the competition.

Here’s how you could best leverage our 2025 salary guide to remarkably improve your talent attraction and retention strategies.

boost retention with regular salary reviews

Your current workforce is the cultural backbone of your organization, shaping your overall workplace strategy. Building long-term relationships with your current workforce boosts retention, strengthens your company culture, and paves the way for future talent to flourish.

To achieve this, understanding the needs of your existing employees is crucial. Moreover, regular salary evaluations help you identify areas of improvement and make necessary adjustments to your compensation and benefits strategy.

While the process may seem daunting, it is essential for collecting feedback, enhancing communication, and adapting your compensation strategy. Our 2025 salary guide is a powerful resource, offering extensive salary data across sectors to help you fine-tune your compensation and benefits strategy.

conduct a skills analysis

Skills-based hiring is set to transform your hiring strategy. To build a thriving and diverse workforce, it’s vital to assess the core skills of your teams and identify training opportunities for your most dependable employees. As employees acquire new skills, their ability to meet industry standards and keep pace with shifting expectations becomes more prominent.

Skills-based hiring is set to dominate your hiring process. To hire and promote a thriving and diverse workforce, it’s pivotal to analyze the key skills of your teams and identify training opportunities for your most dependable employees. Additionally, as employees become skilled in new areas of work, their ability to match industry standards and stay abreast of the changing skills expectations becomes prominent.

Additionally, a skills analysis can help you create a more innovative and distinctive workplace. At this stage, comparing your employees' salaries to those with similar skills for a 40-hour workweek will highlight how well you maintain pay equity across departments.

Studies show that companies with transparent pay practices enjoy greater innovation through diversity and enhanced profitability. Therefore, initiating an open dialogue about employee salary expectations can enable you to design compensation frameworks that complement your employee goals.

conduct salary negotiations intelligently

Your recruitment strategy should integrate a well-defined approach to salary negotiation. Back your salary offers with detailed global salary and employee data to stay competitive. Tracking global salary trends allows you to understand what employees value and adjust your offers accordingly.

Foster transparent conversations about compensation and benefits, and consider offering more than expected to attract exceptional talent. Leverage our 2025 salary guide for national and city-level salary averages to enhance your negotiations with future hires.

include salaries in job descriptions

Many employers skip salary details in job postings, fearing it could weaken their negotiating power or attract candidates only interested in pay. However, job ads that feature a salary range or hourly pay often attract a higher quality of applicants.

Moreover, providing salary details early on helps facilitate further negotiations based on the candidate’s qualifications and experience. Highly skilled workers are aware of their market value and prefer roles with transparent and fair pay.

implement a consistent salary structure

Designing a consistent compensation framework offers several key benefits. The most prominent one being the ability to accurately assess the cost to the company based on employee skill sets being paramount.

Our salary guide is a vital tool for enhancing your compensation and benefits strategy. By leveraging our 2025 salary guide, you gain detailed insights into employee demographics, location and skills per role. This data empowers you to develop a well-balanced salary strategy that ensures equitable pay for employees across all departments.

Needless to say, designing a compensation and benefits framework that resonates with diverse employee expectations has never been easy. That’s where expert assistance becomes invaluable. Connect with our talent consultants to gain a deeper understanding of the talent landscape and build a talent strategy that supports your growth goals and addresses a wide range of employee needs.