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Adecco Analytics helps a sportswear giant land on the right pay rates
4 minutes
December 11, 2024 Adecco
The short version:
Our client, an iconic brand of athletic apparel, realized a remarkable 70% increase in fill rates within just one month of raising pay by 50%.
The long version:
Our international sportswear client struggled to fill requests for critical warehouse positions, such as material handler and forklift driver (PMV Operator). Competition was high and application rates were decreasing.
This led to vacant roles, losses in productivity, and growing talent acquisition costs.
Our analysis and local market report determined that the client’s hourly pay rates weren’t so competitive.
How we made that decision:
- Completed competitive analysis of local market research and our proprietary data
- Considered client’s budget and employment factors outside of pay
- Assessed current state and potential impact
- Recommended raise in pay
- Monitored change impact
After offering an analytics overview of the current state and an impact assessment, we recommended a more competitive pay increase.
After just four weeks of implementing the new pay rates, the client saw significant gains. Combined, these results protected productivity losses of roughly $700/day per worker – far offsetting the increase in pay.
Now our client is positioned ahead of local competition in the race for talent.
To see how our Adecco Analytics team can support your pay rate analysis, contact us today. And in the meantime, check out our Salary Calculator to see what your local competitors are offering.