Compensation Benchmarking /Salary Surveys are tools used to determine the median or average compensation paid to employees in one or more jobs. Compensation data, collected from several employers, is analyzed to develop an understanding of the amount of compensation paid. Surveys focus on various job titles and employee grades. . The purpose of salary surveys provide a means for comparison of salaries at the company. Salary Survey results contain a summary of the data analysis. This summary is useful for understanding trends that are occurring the market
