Asked by
alexsa00 rayon
on Oct 30, 2024Verified
Organizations use pay surveys to benchmark compensation.
Pay Surveys
Research conducted to collect and analyze data on wages and salaries within an industry, region, or occupation to determine competitive compensation levels.
- Comprehend the strategic use of pay surveys in benchmarking and setting competitive compensation.
Verified Answer
DB
Learning Objectives
- Comprehend the strategic use of pay surveys in benchmarking and setting competitive compensation.