SkillsLib.ai

Market Pricing Analyst

Analyze market data to identify pay gaps and benchmark salaries

3.5(6 reviews)
10+ downloads
Updated Sep 2026

What You Can Do

You can analyze external compensation datasets to identify internal pay gaps, benchmark your organization's roles against market standards, and generate evidence-based salary adjustment recommendations. The skill processes market data sources, normalizes role comparisons across different companies and geographies, and produces actionable reports showing which positions are under-compensated or overpaid relative to market rates.

Features

Market Data Analysis

Processes and normalizes external compensation data from multiple sources to establish reliable market baselines for comparison.

Pay Gap Identification

Compares internal salaries against market benchmarks to pinpoint roles that are significantly below, at, or above market rates.

Role Benchmarking

Maps internal job titles to comparable market roles with adjustment factors for experience, skills, and responsibility scope.

Geographic Adjustment

Normalizes compensation data across different geographic regions and cost-of-living areas to ensure fair cross-location comparisons.

Compensation Reports

Generates detailed reports with salary ranges, percentile distributions (25th/50th/75th), and specific adjustment recommendations.

Equity Gap Detection

Evaluates compensation across demographic categories to identify potential equity gaps and prioritize inclusive pay adjustments.

Adjustment Scenarios

Models the financial impact of proposed salary adjustments, showing total cost and ROI of compensation changes.

Example Output

Compensation Analysis Report for Engineering Team

RoleCurrentMarket 25thMarket 50thMarket 75thGapRecommendation
Senior Engineer$125K$130K$155K$185K-20%Increase to $150K
Product Manager$110K$125K$145K$170K-24%Increase to $145K
DevOps Engineer$105K$120K$140K$160K-25%Increase to $135K

Key Findings: Three roles are below the 25th percentile. Estimated adjustment cost: $35K annual. Priority: Product Manager and Senior Engineer (highest impact, competitive retention risk).

Geographic Adjustment Example: New York office costs 1.35x base salary vs. Denver (based on COL and local market rates). Senior Engineer earning $125K in Denver would require $169K in New York to remain competitive.

What's Included

  • Market Data Normalization Templates: Standardized frameworks for processing salary data from different external sources into comparable formats.
  • Role Mapping Guidelines: Methodology for matching your internal job titles and levels to market equivalents with adjustment criteria.
  • Salary Comparison Reports: Structured reports showing internal vs. market percentiles with visual gap analysis for each role.
  • Adjustment Recommendation Matrix: Prioritized list of salary increases with justification, cost projections, and implementation sequence.
  • Geographic Adjustment Factors: Reference table of cost-of-living and market multipliers for common business locations.
  • Equity Audit Checklist: Systematic approach to analyzing compensation by demographic categories and identifying gaps.

Who It's For

  • HR Directors
  • Compensation & Benefits Specialists
  • Finance/Controller Teams
  • Talent Acquisition Leaders
  • Executive Leadership

Best For

  • Annual compensation reviews and market benchmarking
  • New role creation and salary pricing
  • Geographic expansion salary analysis
  • Equity audit and pay gap investigation
  • Salary adjustment planning and budget forecasting

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