Organizations regularly update their external base salary compensation data to remain competitive in the talent market. This process, known as a Market Refresh, involves updating existing data and analyzing its impact on employee compensation. It’s distinct from...
Pay transparency is gaining momentum, with several states enacting laws requiring employers to disclose salary ranges. Companies must comply with state pay transparency laws in California, Colorado, Connecticut, Hawaii, Illinois, Maryland, Nevada, New York Rhode...
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...
Job Framework In addition to defining a set of duties and responsibilities and the typical education, skill and experience requirements for each job, it is important that organizations have a methodology for structuring jobs and assigning the attributes associated to...
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...
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