In order to know where your organization's employee pay rates stand in relation to your competitors, you must have access to reliable data on their compensation practices. P & A can assist your firm in compiling meaningful survey data to use in developing organizational pay and benefits programs.

Compensation surveys generally solicit data in some or all of the following categories:

• pay rates for a series of "benchmark" jobs common to many employers for use in developing an overall organizational pay structure
• pay rates for special job categories for which special pay rates may be necessary due to a tight supply of qualified employees
• employee benefits plans
• general pay policies and practices, covering such actions as hiring, promotions, annual increases, and overtime pay
• general personnel policies and conditions of employment, such as work hours, initial hire periods, and leaves of absence
• general organizational profile data, for use in determining the overall compatibility of the survey data.

SPECIFIC SERVICES

Palmer and Associates offers consulting services in conducting customized compensation surveys and in compiling and analyzing survey data from various sources, including:

• Clarifying the purpose of a custom survey
• Selecting participant organizations
• Selecting jobs to be surveyed, and writing job abstracts
• Selecting information to be requested from participants
• Designing survey questionnaires
• Performing liaison functions with participating employers
• Analyzing data, tabulating results, and preparing survey reports
• Compiling and analyzing data from a wide variety of available wage surveys
• Assessing the relevance of custom survey results and/or other market data to client pay rates and practices

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