So is Korn Ferry still the best compensation benchmarking option?
Korn Ferry is still a credible source of global, enterprise-grade compensation data – but it’s no longer the best standalone option.
Its manual submissions introduce errors, survey results arrive outdated, and the dataset is so detailed that it’s hard to quickly find the insights you need – making it difficult to justify the value for money compared to modern benchmarking software.
TestGorilla's experience with Korn Ferry's regional model is a good illustration of the complexity involved.
For a company benchmarking 130 employees across 40 countries, accessing pan-European benchmarks meant buying Southern Europe, Central Europe, Western Europe, UK, Benelux, and Nordics as separate datasets — then manually combining them.
Senior People & Culture Partner Luis García de la Cruz: "You're paying for five or six different benchmarks when what you really want is one that combines them.' Ravio gives them that in a single platform."
So, for high-growth, fast-moving companies, especially in tech, the strongest approach is to pair Korn Ferry’s broad, legacy-industry coverage with a real-time benchmarking tool. This gives you fresh, accurate total rewards data and makes it far easier to find and use the insights you need quickly.
The team at Mollie, for instance, uses Ravio for live benchmarks and notes the night-and-day difference it makes:
“Access to Ravio’s live market data means no more headaches from delayed data sets or having to age compensation data [from traditional salary survey providers, which has been a real friction point for us in the past.” – Jodi S, VP of People at Mollie.
If Ravio’s one of the Korn Ferry alternatives you shortlisted, test it out with 3 free benchmarks to start reviewing if it’s worth the investment for you.