We've partnered with BIMA to bring you - the BIMA community members - access to live, dynamic salary benchmarking, powered by Compensation IQ.
Traditional salary benchmarking is broken. Static, outdated data leaves HR leaders guessing. Our partnership changes everything.
Exclusive Real-time salary insights from your industry
Search salary benchmarks from 7 million companies
Free for BIMA members
Compensation IQ does the heavy lifting for you.
Mapping of your job titles to universal job roles
Instant visualisation of your positions versus market benchmarks
Filtering to view data by manager, department, or demographic
We understand the sensitivity of compensation data. That's why Compensation IQ is built with security and integrity first. Our practices are aligned with ISO 27001 and our policies and procedures are compliant with GDPR.
GDPR compliant
Cyber Essentials Certified
Data transmission encrypted
What is different about the Compensation IQ salary benchmarking software?
Uniquely, the Compensation IQ platform provides access to more than one source of salary benchmarking data and covers over 10 million companies as a result. We have self-reported data, job postings data and salary survey data provided by Mercer.
Each type of data has its own strengths and weaknesses. You will be able to compare each source of data against your dynamic benchmark and judge for yourself what the differences are.
What is the BIMA salary benchmark?
Its a salary survey, except now managed through an easy to use portal.
The BIMA benchmarks will be salary data aggregated and anonymised by the Compensation IQ salary software platform, from the BIMA member network. It has been developed in partnership with BIMA to help you – as members – find highly relevant and accurate salary benchmarks that are very relevant and contextual to your company size, the job locations and more.
How are the dynamic BIMA benchmarks constructed?
Using a secure data upload, the Compensation IQ portal gathers the relevant information to build the benchmarks. We then anonymise the data and calculate a relevant, high-quality salary benchmark for common job roles in the community. This is then provided back to each member through the Compensation IQ portal.
Can I access the benchmarks without providing any data?
Unfortunately not. The benchmarks are provided on the basis of equal participation. This is not only fair to your fellow members, but also allows for the best benchmarks and extends the benefit of the benchmarks to the whole group.
I’m concerned about uploading my data to anyone. What are my options?
We appreciate this may be a concern for many. Compensation IQ has been in the industry since 2015 and has worked with highly sensitive data across many industries, locations and types of organisation. Compensation IQ is GDPR compliant, Cyber Essentials certified and SOC 2 compliant and follows the highest standards when it comes to your data.
When will the BIMA dynamic salary benchmarks be available to the members?
As soon as there are a sufficient number of participating member companies (and associated data), we’ll have enough information to aggregate and share back the salary benchmarks. We’ll keep the community updated as to estimated timelines.
Do I have to wait for the BIMA benchmarks in order to access salary benchmarking data?
No. As part of signing up to the portal, you’ll be able to access our standard dataset which has salary information for over 7 million organisations globally. You can easily filter to company size, location and industry to find the information you need.
How is Compensation IQ related to BIMA?
We have partnered with BIMA to provide the software platform directly to BIMA members to collect data, construct the benchmarks and make them available to all the members.
When you participate, each member will contract directly with Compensation IQ so that they can access the salary benchmarking data.
How much does it cost?
Taking part in the BIMA Salary Survey, through the portal, doesn't cost you anything.
There are optional additional datasets to purchase powered by our data partners. Speak to the team to understand more.
How long can I access Compensation IQ for?
You can access the portal and the Salary benchmarking data up until the 31st October 2025 for free.
I’m not a BIMA member, can I sign up to the Compensation IQ platform?
Yes. However as you are not a part of the BIMA community, you won’t be eligible for the BIMA discount and you won’t be able to see the BIMA community salary benchmarking information.
How do I become a BIMA member?
Simply visit the BIMA website here and they’’ll help you join the community so you can access the salary benchmarking, powered by Compensation IQ.
Do you offer additional salary benchmark data and what are your different packages?