Salary surveys have always been a mainstay for Compensation. Compensation professionals spend thousands of dollars annually to gain access to local, regional, national, and international surveys to ensure that pay practices are aligned with their pay philosophy in relation to the market. The truly reputable surveys (and typically most expensive) ensure that the data provided is from organizations and not employees. This practice safeguards the submittal of accurate compensation data that has not been overstated. Compensation departments have relied on this data to establish their budget for new hire salaries, promotions, and adjustments.
0 Comments
|
Meet The Comp ChickThe Comp Chick, aka, Jennifer Peacock has more than 25 years of diverse experience in human resources ranging from consulting to corporate HR leadership. She started The Comp Chick blog as a way to show her peers that Compensation doesn't have to be boring or difficult. Archives
November 2020
Categories
All
|
|
The Comp Chick, aka, Jennifer Peacock has more than 25 years of diverse experience in human resources ranging from consulting to corporate HR leadership. She started The Comp Chick blog as a way to show her peers that Compensation doesn't have to be boring or difficult. All information included in this blog is opinion.
|