Seasoned compensation practitioners know the value of salary surveys. Market data obtained from salary surveys create the foundation for compensation strategies. They're used to construct an organization's pay programs and practices. They're the 'DNA' of compensation programs.
For the HR generalist or the new practitioner, though, salary surveys can be a mystery. How many and which survey sources should you use? Where do you get industry specific data? How do you combine multiple survey sources? Which statistic should you compare against? How do you know if the survey data are valid?
The Survey Handbook & Directory: A Guide to Finding and Using Salary Surveys unravels the mystery of salary surveys — piece-by-piece, step by step. It covers the whole process in a straightforward manner: from survey fundamentals (such as how to select benchmark positions and definitions of survey terms) to finding and selecting surveys, creating a customized survey, pricing key jobs and even antitrust implications.
For the seasoned practitioner, the guidebook's second half is where the treasure lies. Here, WorldatWork has compiled an exhaustive list of survey sources by industry and region and a directory of survey providers, with both U.S. and international resources.
Table of Contents
Introduction
Salary Surveys: Why? Where? What are the Limitations?
Section I: Handbook of Essays
Chapter 1
Survey Essentials
Fundamentals of Salary Surveys
John H. Davis, Ph.D., CCP, and Janet F. Koechel, CCP
How to Find, Select and Evaluate Compensation Surveys
Robert L. Heneman, Ph.D., and Katherine E. Dixon, CCP
A Structured Approach to Peer Group Development: Building a Foundation for Comparative Data Analysis
Jack Dolmat-Connell, CCP
Getting the Biggest Bang for Your Survey Buck
Margaret A. Bentson, CCP, and Janice S. Hand
Chapter 2
Survey Models
Salary Surveys in a Blended-Role World
Margaret A. Coil, CCP
Applying Salary Survey Data to Banded and Competency Pay Systems
Margaret Dyekman, CCP, SPHR, and Peter LeBlanc, CCP
Using Salary Surveys to Maximize Your Company’s Variable Pay Practices
David P. Bell, Ph.D., CCP
Pricing Sales Jobs: How to Do It Right the First Time
Jeremy Anderson
Sidebar: External Surveys and Benchmarking Analysis
Jerome A. Colletti, Mary S. Fiss, Ted Briggs and S. Scott Sands
Chapter 3
Survey Matters
The Devil Is in the Details: Analytical Pitfalls in Executive Compensation Benchmarking
Bonnie Schindler
Antitrust Implications in the Salary Survey Process
Michael B. Shea, CCP, SPHR
Surveys at the Cutting Edge
Gerry Stern and Yvette Borcia
