Written by Jonathan Sweet
June 29, 2020
In a volatile and uncertain labor environment, it is important to make decisions based on facts and backed up by data. For compensation and HR professionals there is no better or more trusted data available than employer reported salary survey data. But why use a salary survey? What is its relevance now in a crowded market of ‘other types’ of data offerings?
Why use salary surveys?
Look for future installments of our five-part series, “Salary Surveys 20|20.” In future posts we will provide a broad view of why you should consider salary surveys even now, highlight some things to look for, avoid, and be wary of and provide some helpful tips for managing your relationship with your survey partners.
The Compdata and IPAS survey practice at Salary.com is one of the largest compensation data providers in the world with compensation and benefits data spanning 100 countries across 17 industry verticals. To learn more, contact us at 781-552-4596.
(*) SOURCE: Salary.com 2019 Pay Practices Survey
Download our white paper and learn how organizations across the country are using market data, internal analytics, and strategic communication to establish an equitable pay structure.