Compensation Surveys: What You Need To Know

Employers always have struggled with the best way to compensate employees and attract the most desirable candidates in the marketplace. For years, compensation surveys have served as a source of competitive market data to help with this challenge. To assure the integrity of the surveys you use and their positive impact on your ability to attract the best employees, it’s important to understand the history and regulatory environment surrounding surveys, as well as best practices related to data gathering and reporting.