As the labor market tightens and employees have more options, it’s important to understand your company’s competitive position relative to the market as a whole. General industry salary surveys give you that view point.
Providing data on positions found across a wide variety of industries, general industry surveys allow you to benchmark jobs where the employees working them usually won’t be exclusively tied to just one sector of work. Examples of this include human resources and accounting job functions. Is your compensation strategy built to succeed today and in the future?