Purpose
This assignment is intended to help you learn to do the following:
Describe the purpose and design of salary surveys.
Analyze different methods of conducting surveys to collect salary data and the strengths and weaknesses of each method.
Understand the legal implications of conducting surveys through a third party.
Action Items
Research various ways to collect salary data and conduct salary surveys using class readings, library resources, and the Internet.
Notes:
Salary surveys are also referred to as pay surveys or compensation surveys.
Review the following web sites:
Pay Scale Human Capital Links to an external site.
Salary.com Links to an external site.
Bureau of Labor Statistics Links to an external site.
Use Internet resources provided and BNAs Human Resources Library (available through the Franklin University Library electronic databases).
You also may choose to interview compensation or HR experts from different industries.
Consider the purpose of salary surveys, various survey sources, and survey methods. Examine the strengths and weakness of different survey data for an organizations use.
Write a 2- to 3-page paper describing your findings. Include three academic or business resources. Format the paper according to the Academic Paper Guidelines.