Compensation (or salary) surveys collect information employee’s salary and benefits from a wide variety of employers or a specific industry. Survey results give employers a picture of current market compensation levels enabling them to make decisions on how much and how to pay their employees.
Compensation surveys help organizations stay competitive. In a survey recently conducted by WCBC, the majority of employers believe that offering competitive base salaries (86%) and competitive benefits programs (63%) are the most effective tools for attracting new employees. Ensuring that compensation & benefits are competitive was also the #1 plan (82% of employers) for managing retention and reducing turnover. Compensation surveys give you the baseline for what is “competitive”.
12 Surveys Available
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COVERING MORE THAN 400 POSITIONS IN:
- Finance & Accounting
- Human Resources
- Information Technology
- Marketing & Sales
- Engineering & Technical
- Logistics, Manufacturing & Distribution
NEW FOR 2015-16
CompEssentials does the sorting for you. WCBC segments that data into the most commonly used breakdowns so you can quickly target salary levels by:
- geographic location
- economic sector
- annual revenues
- number of employees
- selected industries
CompEssentials gives you the results in both excel and pdf formats.
CompPlus, our online tool, enables you to:
- customize reports based on location, industry, company size and more;
- select preferred percentiles and calculate how your pay compares to the market;
- exclude or include your organization’s data in your analysis (available to participants only); and
- age data.
For more information on CompPlus, see the CompPlus Tab.
For over 35 years WCBC has successfully provided compensation solutions to private, public & not-for-profit employers of all sizes from a wide variety of industries.
- Notification about participation.
- Up-to-date information about survey reports.
- News, research updates and promotions regarding WCBC products.
Note: Reports are offered exclusively for the internal compensation planning activities of individual employers. Reports are not available to libraries, career placement centers, HR consulting firms or any other entity that could re-sell the data, make it available to the general public or use the data in its commercial activities. WCBC reserves to right to accept or decline participation/purchase requests.