Websalary benchmarking — also known as compensation benchmarking or pay benchmarking — is the process of evaluating a company’s internal salaries based on. Websalary benchmarking is an important aspect that lets companies compare their pay practices to industry standards and market trends. In this guide, we’ll talk about. Websee how your salaries compare with others: Check whether your salaries are competitive with others. Look for any huge gaps. Think about where your company. Websalary benchmarking, or compensation benchmarking, is a method for determining the market rate for internal positions by analyzing the rates of external.