Labor Market Analytics Blog | Horsefly Analytics

Client Story: Leveraging Data to Optimize Payroll Service Talent Expense at a Global Organization

Written by Horsefly Analytics | Nov 4, 2024 3:40:19 PM

 

A global organization partnered with Horsefly Analytics to gather crucial salary data, aiming to negotiate a discount during the relocation of their third-party payroll services.


The Situation

  • Third-party payroll provider proposed relocating operations

  • Organization saw opportunity to negotiate service discount

  • Needed comprehensive salary data for informed decision-making


Horsefly Delivered

  • Advanced data analytics on salary insights at country and location levels

  • Analysis of job advertisements and salary offerings for payroll positions

  • Specific data on third-party payroll company salary levels

The Impact

  • Entered negotiations with robust, actionable insights

  • Empowered to argue for significant discount based on salary disparities

  • Enhanced negotiating position and decision-making process

  • Highlighted importance of data in driving cost-effective business solutions