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What is a Salary Survey? ( 1. 2. 3. 4. 5. 6. What are Salary Surveys? Types of data gathered in a salary survey.

Where can I find salary surveys? Choosing the right survey for you. What to look for in a survey. Participating in a Survey. Conducting in a Survey.

1. What are Salary Surveys? Salary Surveys are tools used to determine the median or average compensation paid to employees in one or more jobs. Compensation data, collected from several employers, is analyzed to develop an understanding of the amount of compensation paid. Surveys may focus on one or more job titles, geographic regions, employer size, and or industries. Salary surveys may be conducted by employer associations (e.g., SHRM), survey vendors, or by individual employers. Survey data is often time sensitive and may become out-of-date quickly. Because of the time sensitive information, surveys are often identified by by the year or quarter in which the data was collected. The purpose of salary surveys provide a means for comparison of salaries at the company Several salary survey demos are available at: HR-Survey. Principles of Compensation Discussed Surveys gather and summarize compensation information and provide a means for comparison of salaries at the company. 2. Types of data gathered in a salary survey Salary Surveys are analyses of compensation data. This data may include quantifiable aspects of compensation such as: Base salaries Increase percentages or amounts Merit Increases Salary Ranges Starting Salary Incentives/Bonuses Allowances and Benefits Working Hours Salary Surveys may also include non-quantifiable aspects of compensation such as: Educational Requirements Geographic Location Source of Hire (Internal/External) Working Conditions 3. Where can I find salary surveys? List of on-line survey vendors available at HR-Guide.

Associations (in USA)conduct surveys of their members including: Society for Human Resource Management College and University Personnel Association ACA NACUBO Surveys are also available from various (USA) government departments including: Bureau of Labor Statistics Occupational Compensation Survey State Occupational Employment and Wage Estimates