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salary ranges/surveys
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salary ranges/surveys
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Im guessing this has probably been covered a zillion times, so at the risk of getting flamed, can I ask about the use of salary surveys and the determination of salary ranges?
I realize that determ
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salary ranges/surveys
posted at 9/1/1999 7:05 AM EDT
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Posts: 2
First: 8/23/1999
Last: 9/1/1999
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Im guessing this has probably been covered a zillion times, so at the risk of getting flamed, can I ask about the use of salary surveys and the determination of salary ranges?
I realize that determining salaries is far from a science and part of it is how good of a negotiator the candidate is. However, there needs to be some science to it, and the answer tends to be "salary ranges".
Is the range determined by the current range of salaries for the position? How do you know when/if the market value starts outgrowing what you pay? Are there surveys that are usable? I find that it is near impossible to use the surveys since most dont detail what the responsibilities, skills, and experiences are for the positions listed.
Any help or suggestions would be appreciated. Thanks!
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salary ranges/surveys
posted at 9/28/1999 3:09 PM EDT
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Posts: 8
First: 7/31/1999
Last: 9/28/1999
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BLR (Bureau of Legal Research)is a natuonwide survey tool I use a lot. However, it should be balanced with local data whenever possible - for most jobs it doesnt matter what the "industry" is paying, its the local labor market that you should be concerned with. For professional jobs, professional organizations and journals are your best source of data to determine "market rate." You have to be more aware of regional and national comeptition for jobs like these where credentials and people are mouch more portable. I am noticing a trend however in some of the "skilled" positions which have traditionally been local in nature. Companies are actively recruiting outside their normal geographic limits for such titles as production machinist and electro-mechanical technician and they are beginning to pay relocation costs to obtain these scarce skills.
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salary ranges/surveys
posted at 9/28/1999 3:09 PM EDT
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Posts: 8
First: 7/31/1999
Last: 9/28/1999
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BLR (Bureau of Legal Research)is a natuonwide survey tool I use a lot. However, it should be balanced with local data whenever possible - for most jobs it doesnt matter what the "industry" is paying, its the local labor market that you should be concerned with. For professional jobs, professional organizations and journals are your best source of data to determine "market rate." You have to be more aware of regional and national comeptition for jobs like these where credentials and people are mouch more portable. I am noticing a trend however in some of the "skilled" positions which have traditionally been local in nature. Companies are actively recruiting outside their normal geographic limits for such titles as production machinist and electro-mechanical technician and they are beginning to pay relocation costs to obtain these scarce skills.
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salary ranges/surveys
posted at 9/28/1999 11:45 PM EDT
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Posts: 2
First: 9/28/1999
Last: 9/28/1999
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My company does a compensation and billing study each year in the IT industry. This survey lists the skills and experience needed, but these are technical positions, mostly programers. I have seen lots of studies done for many different industries, you just have to keep looking. I find most of them are not as helpful as ours. Check out our website www.specifics.com.
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