Using external resources to gauge compensation levels may result in more equitable compensation planning

Using external resources to gauge compensation levels may result in more equitable compensation planning. From the e-Activity, assess how you would integrate the data on the PayScale Website or similar sites into your compensation planning. Specifically, indicate three measures to ensure that your compensation scale is competitive.

Go to the PayScale Website to read the article titled, “The PayScale Index (US): Trends in Compensation,” located at http://www.payscale.com/payscale-index/

Select a job within an industry with which you are familiar (Accountant) Briefly describe the job and create a salary survey for that job that can be used to collect information that will help ensure that the surveying company is competitive in hiring and retaining people for that job. This survey should be a list of questions that will garner the information needed in order to help ensure that the job being surveyed is similar to the selected job. The questions must also acquire the salary information for the surveyed job.