Hours Saved on Market Pricing: McGrath RentCorp Streamlines Compensation with Salary.com

With a lean compensation team, McGrath RentCorp struggled to keep pace with shifting market pay trends while maintaining internal equity and controlling costs. Market pricing was slow and manual, requiring job matching and pulling data from multiple sources, which limited scalability and responsiveness to business needs.

With CompAnalyst and CompAnalyst Market Data, the team leverages composites, cost-of-labor data, and integrated market insights to streamline job pricing and support compensation planning. This centralized approach simplifies annual market pricing analyses ahead of budgeting cycles — replacing fragmented data gathering with a single, reliable source of truth.

McGrath RentCorp cut job pricing time by roughly half, saving several hours per week on market pricing activities. What was once a manual, multi-step process is now a streamlined data export, freeing compensation and HR leaders to focus on strategic pay decisions, pay equity, and budgeting rather than manual data collection.