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Companies will often conduct or purchase compensation surveys. These surveys are used to understand current trends, and ultimately lead to one of three decisions regarding

Companies will often conduct or purchase compensation surveys. These surveys are used to understand current trends, and ultimately lead to one of three decisions regarding the market: match, lead, or lag. What does this process refer to?

Companies will often conduct or purchase compensation surveys. These surveys are used to understand current trends, and ultimately lead to one of three decisions regarding the market: match, lead, or lag. What does this process refer to?

  1. market-competitive pay systems
  2. job evaluation compensation systems
  3. internally consistent compensation systems
  4. externally consistent compensation systems

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