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Business

Benchmarking

BENCH-mar-king

/ˈbɛntʃmɑːrkɪŋ/

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Syllable breakdown

Benchmarking

Dictionary meaning

Comparing a company's processes or metrics against industry best practices.

Examples

  • HR benchmarking revealed their salaries were 15% below market median.

Pronunciation tips

Three syllables. Stress on first syllable.

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