The-definition.com

Definition

Wage and salary survey

Wage and salary survey is a benchmark report consisting of market pay data for a variety of jobs conducted either on a local or nationwide basis. Used to evaluate an organization’s own current pay structures and as a future compensation planning tool.

Share it:  Cite

More from this Section

  • Norris-LaGuardia Act
    Norris-LaGuardia Act A 1932 law that limited the power of federal courts to stop union ...
  • Transitional employment
    Transitional employment that provides alternative work arrangements, such as temporary ...
  • Executive development
    Executive development is training and educational programs designed to increase performance ...
  • Adverse impact
    The overall impact of employer practices that result in significantly higher percentages ...
  • Democratic leadership
    Democratic leadership is the management approach whereby leaders delegate assignments, ...