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A salary survey is a tool used to determine the market compensation levels and trends, including salary and benefits, paid to employees in a specific job. Salary surveys are conducted either by region, by sector (industry), by employer size, or by job classification, for the purposes of comparability.

When conducting salary surveys, our role is not only limited to analysis, we also make sure to compare “apples to apples”, that the sample and response rate are large enough, and most importantly that the data collected is recent and valid, in order to achieve accurate results that reflect the current market trends.

WHY IS IT IMPORTANT?
For employers, salary surveys are important because they can provide useful information to set the levels of compensation across the organization at the right cost, and most importantly to attract and retain employees.
For employees, they will help them determine whether, or not, they are getting their actual worth.

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