How to do salary research?

for the application function of salary survey report data, you can refer to the following aspects.

1. according to the company's business objectives and strategies, formulate the company's salary strategy and industry salary positioning.

determine the salary level of the company in the same industry in combination with the company's business objectives, market positioning, development stage, salary payment ability and company culture characteristics. Companies at different stages of development can adopt different salary strategies and refer to different salary standards. In the same company organization, there may also be multiple compensation strategies.

2. Determine the company's salary payment structure

Salary structure refers to the proportional relationship of various components in the overall salary, including the basic salary, various subsidies, variable bonuses, medium and long-term incentives, various benefits, etc. Through the salary survey report, we can understand the current salary structure in the market and the common salary payment concept in the industry. Combined with the company's own salary strategy, the proportion of fixed salary and floating salary for different positions is set, which plays the role of salary incentive.

3. Refer to the analysis of salary deviation to ensure the internal fairness of salary and the effective competition outside

The function of salary deviation analysis is to understand whether the company's salary payment to employees in this position is reasonable by comparing the actual salary of employees with the salary regression value corresponding to their position level. The internal deviation reflects the relative fairness of internal salary payment and the external deviation reflects the competitiveness of salary payment in the market. Then sort out the company's position value system, even if employees of the same level, due to different personal abilities or position values, will reflect the salary difference, so there will be differences in size and positive and negative deviation, which reflects the value difference between positions. The degree of position deviation is closely related to the salary level of the position, and the company should pay attention to and adjust and optimize the position with large absolute deviation.

4. Analysis of post salary level

The analysis of post salary level is an important part in the salary survey report, which can show the salary and welfare data of different benchmark positions in various departments of the company in detail, and each position will include survey sample size, average age, average years of work experience, educational background information, and description of relevant job responsibilities, which can provide an effective reference for measuring the job qualifications of candidates and on-the-job personnel when the company conducts recruitment and internal personnel training plans.

The salary details related to progress contained in different salary main caliber show the salary and welfare level and payment amount of different positions in the market in the form of quantile value. The company can set different salary and welfare reference quantile values according to the position in the position control group, the contribution of the position to the enterprise and the supply-demand relationship of talents in the same position in the market. And focus on considering the level of various post allowances and welfare items generally provided by other companies in the market. Combined with the actual situation of the company, supplement and optimize the setting of salary and welfare details.