Benchmark Job definition
Also known as key jobs, benchmark jobs are positions that remain consistent across the industry in terms of salary, responsibilities, seniority and can therefore be compared from organisation to organisation. Data is widely available on the key metrics of these jobs, including salary and career route.
The data is useful to both employers and employees. Employers can ascertain to what level of responsibility they are holding their employees and whether the salaries on offer are consistent with the same position across the industry. Employees can use the data when negotiating for a new job or for a pay rise/increase in responsibility when they’re already employed.
Benchmark jobs are more likely to be either jobs inherent to business as a whole (e.g. office manager, HR manager) or industry-specific (e.g. graphic design in the digital media industry).