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Costco Wholesale Corporation

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Free Download of "Evaluating Survey Methodologies"

While compensation researchers genuinely work to provide accurate information, there remain inher¬ent strengths and weaknesses to different methods of collect¬ing, interpreting, and reporting data. Compensation profes¬sionals who understand these strengths and weaknesses are better equipped to analyze the results for use in determin¬ing pay, setting salary structures, and evaluating established compensation systems. For the purposes of this white paper, we will highlight the pros and cons of three methodologies, all of which utilize employer-provided data: surveys from national statistics offices, traditional salary surveys, and sal¬ary survey analytics.


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