Why do I need PiE?

Is your organisation doing all it can to minimise unnecessary spending on recruitment? Are you maximising the benefit of pay reviews? With an ever-decreasing salary budget and a large proportion of your limited funds spent on salaries, it’s crucial your pay budget is spent wisely - PiE data helps you make informed decisions about pay and allowances ensuring you maximise the value from your salary spend.


To guarantee your pay budget is spent wisely - PiE data helps you make informed decisions about pay and allowances so you can maximise the value from your salary spend when recruiting and during pay reviews.

To help you retain talent – Pay is just one of the factors people take into account when deciding whether to leave an organisation or stay - PiE data helps you avoid pay being the prime reason your employee choose to leave.

Salary 02

To reduce your spend on recruitment - If salaries are pitched incorrectly in your job adverts, you won’t attract the right candidates, and the time and money spent on advertising is wasted.  PiE data allows you to quickly spot check salaries and allowances being paid in your area, or in comparable organisations, so you can decide to advertise at a level which has the greatest chance of attracting the best candidates. 

Recruitment

To eliminate misguided benchmarking methods - Using PiE eliminates decision making based on unreliable information gained ‘through the grapevine’ or from searching job adverts where a job title could be your only source of comparison.  These are two risky ways to benchmark salaries and the results could be very misleading.

Benchmarking

To help you comply with ESFA financial regulations and NGA guidelines – PiE data ensures the way you set executive pay is visible and transparent as required by ESFA financial regulations and uses robust benchmarking as recommended by the NGA. See Pippa Allen-Kinross's article in Schools Week 25th January 2019 https://schoolsweek.co.uk/make-ministers-sign-off-top-academy-ceo-pay-say-governors/

Compliance
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