Canadian data collection begins April 1st and concludes with a May 31st deadline. 2019 data will be released August.
U.S. data collection begins May 1st and concludes with a June 30th deadline. 2019 data will be released September.
-Roughly 80 percent of organizations participate in or purchase salary surveys for benchmarking.
-Companies invest in compensation data because the value exceeds the cost.
-Compensation and benefits can be one of the highest expenditures for a business.
-The cost of compensation data often represents a mere fraction of total compensation and benefits expense.