Our Pontoon Analytics team carried out a benchmarking analysis on a sample of similar skills, titles and roles to identify the difference in bill rates and pay rates.
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 implemented these rates for more than 150 job profiles across various locations.
The newly established rate cards resulted in greater competition within the supplier base and rates that are more aligned with the market value of the skillsets.