Wilson Group helps organizations identify, locate and understand what and how the market pays based on a job, location and industry. Organizations need this information to ensure they provide competitive pay opportunity for attracting and retaining employees. Without...
Employers budget for annual salary increases in Q4 of each year based on market projections, and affordability. Multiple organizations collect the projected data and provide information by type of increase and by other company demographic data, such as industry and...
The compensation function in an organization has a regular calendar of projects that are completed each year. The purpose of completing these cyclical projects is to guide management/boards of directors in making compensation, recognition and reward decisions that...
There are many factors why employees seek to work for or remain with an employer, with compensation being a key element. There is research that suggests that compensation’s role is not to be a driver of attraction and retention but support the other areas of the...
PURPOSE The overall purpose for collecting market data is to make informed decisions about the compensation program. These decisions involve pricing jobs, analyzing pay trends, identifying pay practices, and establishing a salary structure. TYPES OF SALARY SURVEYS A...