Words / B / Business

benchmarking

noun/ˈbɛntʃmɑːkɪŋ/

B2CEFR level
30/100Rarity: fairly common
TechnicalRegister

The systematic comparison of one's performance against best-in-class competitors or standards.

Benchmarking against the sector leader exposed just how bloated our overheads had become.

Topic: Strategy in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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