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Which type of survey should an HR professional use to collect information on base pay, incentive plans, and benefits?

Global
Marketplace
Remuneration
Competitiveness

User Dpacman
by
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1 Answer

3 votes

Final answer:

A remuneration survey is the ideal tool for HR professionals to gather detailed information on compensation structures, including base pay, incentive plans, and benefits, to ensure competitiveness in the market.

Step-by-step explanation:

An HR professional looking to collect information on base pay, incentive plans, and benefits should use a remuneration survey. This type of survey gathers detailed data regarding compensation packages offered by various organizations. This data can include, but is not limited to, salary and benefits, growth opportunities, insurance, retirement plans, and legally required benefits such as employer payments to Social Security. A remuneration survey can provide insights into the competitiveness of compensation structures across different companies, backgrounds, cultures, and more, helping an organization to ensure their compensation strategies are in line with market standards.

User Manelescuer
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