Compensation Survey

A custom compensation survey can be a valuable tool in the design of a competitive compensation program. While the purpose of the compensation survey may vary from organization to organization, administering a customized compensation surveys to meet the needs of an organization has some key advantages:

  • Obtain current market data targeted to an organization’s direct peer market
  • Focused, position-specific data
  • Standardized, proven data gathering and reliable statistical analysis, with objective interpretation of compensation data and trends by an independent consultant
  • Optional inclusion of data on selected compensation practices and benefits to ensure overall competitiveness of total compensation program

Approach

JER HR Group has conducted hundreds of custom compensation survey for its clients and has experience in working with clients and survey participants to make sure it is a success. The keys to successful custom survey design are a simple, well-designed questionnaire; good project management; and expert analysis. JER follows a standard project management approach to deliver a customized solution for its clients.

Typical project steps include

Content Design & Development

  • Identify Objectives
  • Survey Design

Survey Administration

  • Identify potential participants and review list with client
  • Finalize participant list
  • Build communication plan with client and participants
  • Strategize with client to enhance participant response rate

Data Analysis

  • Review and scrub data
  • Analyze data and prepare findings

Review & Reporting

  • Review and present findings
  • Build and present client report
  • Design and distribute participant report
Menu