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Michael Bustard - Non-Exec. Director & Chairman

I found Paydata very professional and responsive to what we needed and our tight timescale. Their report was easy to read and contained relevant data which enabled our Remuneration Committee to take appropriate decisions in a timely manner. We shall most certainly use them again.

PJD Group is one of the UK’s largest independent mechanical engineering specialists, delivering an innovative range of repair, maintenance, manufacturing, upgrade and new construction services. First established in 1984, PJD employs over 250 full-time staff.

PJD is part-owned by LDC, the Midlands leading private equity provider and is a member of the Engineering Construction Industry Association (ECIA) - the principal trade and employers’ association for the UK Construction industry.

How we helped PDJ Group

The Issue

The project addressed three key challenges:

1

Daily rates typically paid to Non-Executive Directors not benchmarked

2

Not knowing the proportion of variable pay in the Senior Executive package

3

Not knowing the current market practice for main benefits such as cars, annual leave and pensions.

Our Solution

Paydata’s Executive Benchmarking service enables the Remuneration Committee to make informed decisions when it comes to executive reward, offering solutions tailored to their specific needs and requirements.

We are able to access data from a number of sources. We apply this data using our own approach to job matching. For Senior Executive roles our methodology examines the factors that have the greatest influence on pay.

Benchmarking executive pay arrangements for a senior team

Read the full case study

Download now (pdf)

How it worked

1

Clarifying the scope of roles

2

Data sourced from our own Executive Salary Survey Database

3

Data from our Benefits Database relating to cars, pension contributions, holidays and private healthcare

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