Salary surveys refer to any type of salary, wage, benefit, and other workplace pay statistics that are collected from various sources, and compiled together for analysis and distribution.

Salary surveys are often conducted by professional associations, and other similar organizations. Results are often published, and they can also be purchased.

You can retrieve survey results into Personnel Cost Planning to use in comparisons with costing scenarios.

This is helpful since you can see how your company’s personnel costs compare with the industry at large. From there, you can determine if, for example, you pay too much for a certain job or too little, or if other companies provide better benefits packages, and so on.