HWP · SALARY AND EMPLOYEE RESEARCH

Salary benchmarking in Slovenia. Clear decisions on pay.

Two studies for better HR decisions: market pay data, and employee engagement and satisfaction.

HWP helps companies benchmark pay and remuneration against the relevant market, and understand what connects employees to the organisation and where the opportunities for improvement lie.

See illustrative report examples

Confidential · tailored to your business question · working directly with Julijana Zimic

Public presentation of an HWP study on pay and benefits benchmarking to a group of HR managers.
Julijana Zimic presenting the results of an HWP study.

Two studies. Clearer HR decisions.

Choose the area where you need reliable data and a clear explanation of the results.

Salary and remuneration data

Check the market value of one or a few jobs, compare your company's data against the relevant market, or commission research for a specially defined group of companies.

See the three options

Employee engagement and satisfaction survey

Measure engagement, satisfaction and the key areas of the employee experience, and set sensible priorities for action.

See the survey

SALARY AND REMUNERATION DATA

Three options, depending on the question you're solving.

On every project, we first define comparable jobs, remuneration components, the data period and the appropriate statistical references.

Market pricing for one or a few jobs

What are the selected jobs worth on the market?

For one or a few jobs, we prepare an overview of the available market values. This option suits preparing an offer for a candidate, checking an existing salary, or placing a job within a pay grade.

What you provide

  • the job title and a short description;
  • responsibilities and organisational level;
  • additional details for a more precise match, if needed.

What you receive

  • a statistical overview of the agreed components;
  • the agreed percentiles of the market range;
  • a brief interpretation of the result and the limitations of the comparison.
Request a market price check

Company benchmark

Where do our employees stand relative to the market?

HWP matches the client's data to comparable jobs and compares it against the agreed market. The result shows the positioning relative to P50, P75 or another agreed reference, and explains which components the variances come from.

What you provide

  • the agreed pay data, without unnecessary direct identifiers;
  • job titles, descriptions, responsibilities and levels;
  • by agreement, data on benefits and other components.

What you receive

  • a comparison by job and by component;
  • variances from the agreed market reference;
  • an overview of internal relativities and areas for closer review;
  • by agreement, an analysis of benefits or Total Rewards.
Arrange a benchmark

Bespoke research

Do you need data for a precisely defined group of companies or market?

Together we define the companies, jobs, remuneration components and statistics involved. HWP manages the coordination, data collection, verification, processing and aggregated reporting according to agreed rules.

Together we define

  • a comparable group of companies;
  • jobs and matching rules;
  • the pay components and benefits included;
  • percentiles, averages, indices and other statistical views;
  • the timeline, confidentiality and data-suppression rules.

What you receive

  • dedicated data collection and verification;
  • a structured, aggregated report;
  • an explanation of the key findings for leadership and HR.
Request a research design

Not sure which option is right? Describe the decision you're preparing, and HWP will suggest a sensible scope. Help me choose

We can also include

Benefits and Total Rewards, pay grades, pay transparency and pay-gap analysis.

We include these extensions when they matter to the client's question and the data is methodologically comparable. HWP prepares and analyses the data, job matching, pay structures and differences; the service does not constitute legal advice or a compliance guarantee.

SEE THE RESULT

Fewer displays, more clarity.

All displays use fictional data and illustrate the reporting approach.

Percentile overview

Percentiles show the market range, not just one "average" salary. P50 is the median: half of the observed values are lower and half are higher. A percentile is not automatically the recommended salary; target positioning depends on the company's strategy, job complexity, internal relativities and the quality of the comparator group.

Illustrative example
Illustrative market range by component, P25–P75.
Illustrative percentile overview of pay components; EUR gross per month
ComponentP25P50 (median)P75
Contractual base salary2,980 €3,600 €4,380 €
Last fixed salary paid3,150 €3,720 €4,550 €
Variable pay, monthly equivalent180 €360 €620 €
Allowances, monthly equivalent95 €120 €165 €
Total cash payment3,425 €4,200 €5,335 €

In this demo, variable pay and allowances are converted to an average monthly equivalent. The percentile for total cash payment is illustrative; in the report it is calculated from the distribution of total amounts.

Client benchmark against Market P50

In this example, the total cash amount is only slightly below the median, but the variable component is more markedly below P50, while allowances are above it. The decision is therefore not based on the total amount alone, but on which component the variance comes from.

Illustrative example
Illustrative example. The actual display is tailored to the client's data.
Illustrative benchmark of remuneration components against Market P50 = 100
ComponentClientMarket P50Client indexVariance
Contractual base salary3,420 €3,600 €95.0−5.0% · below P50
Last fixed salary paid3,650 €3,720 €98.1−1.9% · close to P50
Variable pay250 €360 €69.4−30.6% · markedly below P50
Allowances165 €120 €137.5+37.5% · above P50
Total cash payment4,065 €4,200 €96.8−3.2% · slightly below P50

Client index = client / market P50 × 100. The variance is not shown by colour alone, but also with a sign and wording.

Total Rewards view

Total Rewards adds cash payment and agreed benefits together into a single view against Market P50 = 100. The cash value of benefits is included only when the valuation method is agreed and documented.

Illustrative example
Illustrative example. All values are fictional.
Illustrative overview of Total Rewards under the agreed definition; Market P50 = 100
ComponentClientMarket P50Client indexVariance
Total cash payment4,065 €4,200 €96.8−3.2%
Comparable value of company car420 €480 €87.5−12.5%
Insurance and pension scheme110 €130 €84.6−15.4%
Total Rewards under the agreed definition4,595 €4,810 €95.5−4.5%

The total is verified: client 4,065 + 420 + 110 = 4,595; market 4,200 + 480 + 130 = 4,810.

I'd like a similar analysis

EMPLOYEE ENGAGEMENT AND SATISFACTION SURVEY

From feedback to clear priorities.

The core of the questionnaire keeps the key engagement and satisfaction indicators; additional areas, language, segmentations and timeline are set according to the organisation's goal.

Employee engagement is a measure of employees' emotional and motivational connection to their work and the organisation. It is measured through an anonymous survey and reported in aggregate, so that no individual is identifiable.

What stays in the core

  • employee engagement;
  • overall satisfaction;
  • key drivers of the employee experience;
  • by agreement, intention to stay and willingness to recommend the employer.

What we adapt

  • the number of questions, additional areas and open questions;
  • sensible segmentations and languages;
  • communication to employees and timing;
  • the format of the report and presentation.

The service includes

  1. agreeing goals, groups and the timeline;
  2. preparing or adapting the online questionnaire;
  3. running the survey and monitoring response rates;
  4. processing, analysing and visualising the data;
  5. a report explaining the findings and priorities;
  6. by agreement, a presentation to leadership or the HR team.
The goal isn't another set of charts, but a clear answer: what to keep, where to act, and what to monitor going forward.

Confidentiality: Responses are processed confidentially, and results are reported in aggregate under rules agreed in advance. Small groups are merged, or their result is not shown, wherever there would be a risk of identifying an individual.

Arrange an introductory call

SEE THE RESULT

From key indicators to a prioritised action list.

All displays use fictional data and illustrate the reporting approach.

Key indicators

A quick overview can include engagement, satisfaction, intention to stay and willingness to recommend the employer. The exact set is always agreed with the client.

Areas

Results by area show strengths and possible risks. In the illustrative example, collaboration and leadership score better, while development and career, and reward and recognition, have the most room for improvement.

Priority matrix

A low score alone doesn't tell you which action will be most linked to engagement. The matrix combines an area's share of favourable responses with an index of its correlation with engagement. This is a correlation, not proven causal impact; the actual analysis depends on the questionnaire, sample and data quality.

Illustrative example
Key employee indicators.
Illustrative example
Areas of the employee experience.
Illustrative example
Priority matrix (X = favourable %, Y = index of correlation with engagement).
Illustrative key engagement indicators
IndicatorFavourable responses
Engagement68%
Overall satisfaction72%
Intention to stay61%
Recommend employer66%
Illustrative results by area, and index of correlation with engagement
AreaFavourable responsesIndex of correlation with engagement
Collaboration78%54
Leadership73%78
Communication69%70
Work organisation65%58
Wellbeing64%61
Development and career57%81
Reward and recognition49%74
Get a survey proposal

FROM QUESTION TO A USEFUL REPORT

From question to a useful report.

01

Business question

We define the decision the research needs to support.

02

Methodology and proposal

We set the scope, data, comparisons, timeline and reporting approach.

03

Secure data collection and analysis

We collect, verify and process the data according to agreed rules.

04

Report and explanation

You receive a clear presentation of the findings and a conversation about next steps.

An individual strategy meeting with an HWP study client: implementing the results in the client's pay and benefits system.
Describe your question
Julijana Zimic, MSc, founder and consultant, HWP d.o.o.
Julijana Zimic, MSc (Sociology)

ABOUT HWP

Julijana Zimic, MSc (Sociology)

More than two decades of experience in pay research, remuneration and HR analytics.

I've worked in salary research, remuneration and HR analytics for more than two decades. I began my career in the international consulting environment of Hewitt / Aon, and today I provide these services independently through HWP d.o.o.

I translate complex data into clear decisions for leadership teams and HR professionals. On every project, I work directly with the client — from first defining the question to explaining the final report.

Business consulting in pay and remuneration · HWP d.o.o.

Talk to Julijana

WE'VE WORKED WITH

Companies that have taken part in HWP studies

Frequently asked questions

Services and choosing

What two studies does HWP conduct?

HWP conducts two studies: (1) salary and remuneration data, and (2) an employee engagement and satisfaction survey. The first is available in three formats (market pricing, company benchmark, bespoke research); the second is tailored to the organisation's goals. Total Rewards, pay transparency, pay grades and pay-gap analysis are specialist extensions of the first study, not standalone services.

How do I choose the right option for salary data?

For one or a few jobs, market pricing is the right fit. To compare your own data against the relevant market, company benchmarking is the right fit. If you need data for a precisely defined group of companies or market, choose bespoke research. If you're not sure, describe the decision you're preparing and HWP will suggest a sensible scope.

What's the difference between market pricing, benchmarking and bespoke research?

Market pricing answers the question "what is this job worth on the market" and gives percentiles for the range. Benchmarking places your data against an agreed reference (e.g. Market P50) and explains variances by component. Bespoke research means jointly defining the companies, jobs, components and statistics, plus dedicated data collection, verification and aggregated reporting.

Pay methodology

How does HWP ensure comparability, or job matching?

A job is not matched by title alone. HWP takes into account the content of the work, knowledge and skills, responsibilities, organisational level, working conditions and other factors relevant to comparability.

Which remuneration components can be included?

The analysis can cover contractual base salary and the last fixed salary paid, variable payments, allowances, total cash payment, company car, insurance, supplementary pension insurance and, by agreement, share options and other long-term incentives. The final set depends on the availability and comparability of the data.

What does Total Rewards mean, and how do you value it?

It's an agreed view of the whole package: cash payments, benefits and, where relevant, long-term incentives. Components are not simply added together; we first agree the period, the valuation method and comparability. The cash value of a benefit is included only under a documented methodology agreed in advance.

How do I read percentiles, and what does the median (P50) mean?

Percentiles show the market range, not just one "average" salary. P50 is the median: half of the values are lower and half are higher. A percentile is not automatically the recommended salary; target positioning depends on strategy, job complexity, internal relativities and the quality of the comparator group.

What does the benchmark index Market P50 = 100 mean?

Market P50 is set to 100; the client's index is client / market P50 × 100. A value below 100 means below the median, above 100 means above the median. The decision isn't based on the total amount alone — what matters is which component the variance comes from.

How current is the salary data?

In the proposal and the report, HWP states the data period used, the comparable market and the limitations of the comparison.

Can we extend the comparison to other EU markets?

Yes. By agreement, the comparison can be extended to selected EU markets where sufficiently comparable data is available for the jobs and components involved. HWP clearly sets out the countries, reference market, data period and limitations.

Pay transparency

How does HWP help with pay transparency and pay-gap analysis?

HWP helps prepare quality data, job matching, analyses and pay structures for further assessment and reporting. The service is not legal advice and does not guarantee compliance; the client's own responsible function or legal adviser carries out the final legal assessment.

Who does Directive (EU) 2023/970 require to report?

The Directive requires reporting from employers with 100 or more workers, on a phased timeline: 250+ and 150–249 employees first by 7 June 2027; 100–149 employees first by 7 June 2031. Slovenia may set stricter or additional details — check the applicable Slovenian regulation before relying on this.

Does a 5% pay gap mean discrimination?

No. A difference of at least 5% is only one of three conditions for a joint pay assessment under the Directive. The difference must also lack an objective, gender-neutral justification, and remain unaddressed six months after reporting.

Employee engagement and satisfaction

What does the engagement and satisfaction survey measure?

The core retains the key indicators (engagement, overall satisfaction, drivers of the employee experience; by agreement, intention to stay and willingness to recommend the employer). Results by area show strengths and risks, and help set priorities for action.

How is the employee survey adapted to the organisation?

We adapt the number of questions, additional areas and open questions, sensible segmentations and languages, communication to employees, timing, and the format of the report and presentation.

How do I read the priority matrix?

The matrix combines the share of favourable responses for an area (X-axis) with an index of its correlation with engagement (Y-axis). An area with a low share of favourable responses and high correlation is often a sensible priority. This is a correlation, not proven causal impact; the actual analysis depends on the questionnaire, sample and data quality.

When can we run the employee survey?

Any time of year. We set the timeline based on the size of the organisation, the scope of the questionnaire, internal events and the desired report date.

Data, confidentiality, delivery

How do you protect salary and survey data?

We agree the method of transfer, processing and reporting before starting. We use the minimum necessary scope of data, and report results in aggregate. Small or identifiable groups are merged, or their result is not shown, wherever there is a risk of indirect identification.

Do we get just data, or an explanation too?

The report includes visual results and an interpretation of the key findings. By agreement, HWP presents the results to leadership or the HR team and helps set priority areas.

How does the engagement work, and what happens after the form is submitted?

In four steps: business question → methodology and proposal → secure data collection and analysis → report and explanation. After you submit a short enquiry, Julijana will get in touch at the email address provided; a secure channel for any data is agreed separately. Please do not send individual salary data or employees' personal data in your first contact.

LET'S START WITH YOUR QUESTION

Tell us what you want to find out.

Describe the job, the scope of the benchmark, or the goal of the employee survey. HWP will suggest a suitable approach and prepare a proposal.

Send a short enquiry

For your first message, please don't send individual salary data, employee lists or other personal data. First give a brief description of the business question; we'll agree a secure channel for any data separately.

Required field