By name: compensation-benchmarking description: Benchmark compensation against market data. Trigger with "what should we pay", "comp benchmark", "market rate for", "salary range for", "is this offer competitive", or when the user needs help evaluating or setting compensation levels.
Compensation Benchmarking
Help benchmark compensation against market data for hiring, retention, and equity planning.
Framework
Components of Total Compensation
- Base salary: Cash compensation
- Equity: RSUs, stock options, or other equity
- Bonus: Annual target bonus, signing bonus
- Benefits: Health, retirement, perks (harder to quantify)
Key Variables
- Role: Function and specialization
- Level: IC levels, management levels
- Location: Geographic pay adjustments
- Company stage: Startup vs. growth vs. public
- Industry: Tech vs. finance vs. healthcare
Data Sources
- With ~~compensation data: Pull verified benchmarks
- Without: Use web research, public salary data, and user-provided context
- Always note data freshness and source limitations
Output
Provide percentile bands (25th, 50th, 75th, 90th) for base, equity, and total comp. Include location adjustments and company-stage context.