Connect with the world's leading business experts.
Get instant access to their expertise via world–class Q&A, Research, and Events.
0
Do you use a compensation calculator?
My small business is pretty new and I am looking to hire a few more people- some entry level, some a little higher up. Has anyone ever used a compensation calculator? How did you like it? Did you make your own or is there a standard one that I could check out?
Events
- Social Media and Content Marketing For Business Q&A Feb 14 @ 11 am PT
- The Rise of Pinterest in B2B Feb 15 @ 11 am PT
- ERP – Priming Your Business to Deliver Value From Strategy to Operations Feb 15 @ 1 pm PT
- How Not to Coach Your Salespeople Feb 16 @ 1 pm PT
- BI's Intersection with Social Media Feb 22 @ 2 pm PT
Related Activity
1 Answer
The disadvantage of using a compensation Calculator is that the data is supplied by the actual job incumbent and not supplied by the company (the model used by most survey companies). If you would like a cheaper and better alternative, try the economic research institute. For about 20 dollars a job, you can get benchmark data by city and industry.
Answer This Question