1. Chapt. 10 – Surveying Market Pay and Compensation Practices
Critical Pay Survey Problems:
Obtaining a proper job match
Collecting useful pay data
Ensuring an acceptable sample
Relating pay data to organizational policies

2. Integrating market pay data with internally-generated job worth data
Recognizing the goals of pay survey data
Analyzing and making inferences from data
Recognizing pay as just one component of total compensation
Using 3rd-party data vs. performing survey

3. Why Conduct a Survey?
Factor 1: Hiring and Retaining Competence Employees
Factor 2: Promoting Worker Productivity
Factor 3: Developing an Adequate and Acceptable Pay Structure
Factor 4: Recognizing Pay Trends in the Market

4. Factor 5: Defending Pay Practices in Court