Personnel Systems

Description

What is an online or Web-based compensation survey? What are the major advantages of Web-based surveys? Why should I purchase a subscription instead of using "free" compensation sites? Why do I have to supply my data – why can't I just purchase the results of the survey? How can I be sure that no one else will see my data? When are industry-specific surveys better than cross-industry sector surveys? What is an online or Web-based compensation survey? A Web-based compensation survey allows you, the user, to input your compensation data and access and view market reports via a secure Web site – in short, it automates the survey process and replaces cumbersome hard-copy surveys. compINSIGHT ® award-winning compensation surveys have been Web-based since 1996. What are the major advantages of Web-based surveys? Real-time competitive market data: The market report data is updated every working day. The ability to view current market data is critical business intelligence for any organization in a market where compensation levels are changing on a continuous basis. Traditional hard-copy surveys contain information that is out of date before you ever receive them. -Less data input: Once you have completed the survey for the first time, there is only the requirement to update your data – no need to reenter data that has not changed since your last update. -Current data: There is no longer any need to age data – the market reports that you access are always up to date. -Targeted compensation analysis: Use the standard report, which presents national averages as well as averages by geographic area, industry and size of company. Or sort the data by criteria important to you – for example, by geographic area and a particular industry sector. -Export of data to spreadsheets: Export the market data to spreadsheets for other types of analysis. Back to top Why should I purchase a subscription instead of using "free" compensation sites? Reliability and validity of the data! Assessing the competitiveness of your compensation programs requires data you can trust. A subscription-based survey such as compINSIGHT ® ensures that the data made available to you is provided by reputable companies, not individuals searching for employment. You are also assured that the data is current because companies regularly update their data under the terms of subscription. In addition, there are several rigorous quality control checks throughout the survey process to ensure that the data provided by companies is based on job responsibility rather than job titles. The final quality control check is a review of all the data by compensation professionals to ensure its appropriateness. Of course, access to these same compensation professionals to answer any of your questions about interpretation of the data, job matching, etc., is also included in your subscription fee. Back to top Why do I have to supply my data – why can't I just purchase the results of the survey? Obviously, the data must come from somewhere. We realize that all companies are extremely busy and it would be easier to just purchase the survey results.

Products & services

Similar companies nearby