September 5, 2010

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What Kind Of Fish Stories…

The Internet can be a great tool for both business and individuals. With the availability of data “online,” however, organizations should always be concerned that the information taken from questionable sources, portrayed as being reliable, may begin to effect how business is conducted.
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The Value of Pay Data on the Web— Nominal or Real?

Compensation professionals need tools and processes to evaluate the reliability of online compensation data.
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Anti-trust Laws Affect Compensation Survey Design and Use

Survey design itself, including statistics and display of data, need to facilitate both ease of use and legal compliance. The selection of surveys for use can have an impact on your compensation program, but also on whether your organization's practices comply with anti-trust legislation.
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Employers Should Scrutinize Sources of Internet Survey Data

Have you ever been challenged by an employee armed with compensation survey data obtained from the Internet and looking for more money?
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Employers Should Scrutinize Sources of Internet Survey Data

7/9/2002

by Denise E. Vuilleumier, CCP, SPHR
Director, Compensation Services
The Management Association of Illinois

Have you ever  been challenged by an employee armed with compensation survey data obtained from the Internet and looking for more money?

The Internet brings to the compensation world a whole new source of useful, sought-after information and, at the same time, more ammunition to be used against employers. Managers and employees can now go on-line and find survey data to support their quests for higher wages and salaries. As a result, how you deal with this information becomes critical.

Before giving in to this type of data, follow a few simple rules:

• Verify the source of the data. Who collected it? Is the survey processor reputable? Who provided the salary figures? Companies or individuals? Was participation based on industry, geography, company size, or professional certification, or was anyone allowed to provide data?

Knowing who was allowed to participate and how the data was collected is very important. If individuals were allowed to participate, was there a verification process that screened out false data?

• Verify the sample population. How many companies do the survey data represent? How many employees do the survey data represent? In a small survey population, one or two responses may significantly affect the averages or percentiles.

• Verify that the benchmark position matches your organization's position. Does the survey provide good descriptions of the position in question? Does it match at least 70 percent of the positions within your organization? Never use survey data that provides job titles only.

These ground rules for using survey data obtained off the Internet also apply to printed survey reports. Just because the data is printed, it does not mean that the information is good.


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