How we used benchmarking analysis to achieve bill rate optimisation | Pontoon

How we used benchmarking analysis to achieve bill rate optimisation

Summary

Optimisation through analysis

Our Pontoon Analytics team carried out a benchmarking analysis for our customer, a leader in the consumer, products and retail industry.

 

The challenge

Targeting rates

To identify the difference in bill rates and pay rates, we needed to analyse several components.

These included a sample of similar skills, titles and roles.

How we helped

Implementation through analysis tools

We created rate cards using public, proprietary, and third-party tools.

Our Pontoon Analytics team used these tools to produce a recommended minimum and maximum rate by job title.

We then implemented these rates for more than 150 job profiles across various locations.

Impact

Alignment and cost savings

The newly established rate cards resulted in greater competition within the supplier base and rates that were more aligned with the market value of the skillsets.

We were also able to achieve $1.2M in cost savings for our customer.

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