Compensation Consulting

woman reviewing charts

The Importance of Salary Survey Data

Figuring out appropriate pay for employees can mean the difference between life and death for businesses. Whether it be for long-term or short-term planning, compensation data is invaluable in helping HR identify market-level pay rates, budget, and guide the recruitment and retention of top talent. During times of uncertainty, an organization must be more mindful about planning and managing expenses related to total rewards practices. Incorporating compensation data from salary…