Managing salary surveys – Part III
All data needs to be inputted into a database to be analyzed properly. Excel or SPSS are valid packages one can opt for to carry out this analysis.
All data needs to be inputted into a database to be analyzed properly. Excel or SPSS are valid packages one can opt for to carry out this analysis.
Before proceeding to the actual data collection, the company must first set the parameters (time period, budget allocation) the company is willing to invest in this exercise.
Companies generally opt to conduct salary survey to better gauge their position vis-à-vis their direct competitors in relation to the limited labour market they all scout from.
It has happened to most of us – disgruntled, demotivated employees come up to us complaining that they are being paid below the average market rates.
Harmony at board level is critical to a company’s success, but perhaps even more important is the healthy relationship between the board of directors and the CEO.
The demand for workplace flexibility are the result of the ever-changing demographics, environment and society we are living in.