Question

an employer is contemplating conducting their own in-house compensation surveys. what would you caution them about? question 5select one: a. skills and abilities associated with survey methodology are needed. b. there is a lack of control over process. c. there is no need to involve outside consultants. d. they are likely to sample the wrong jobs and/or industry.

Answer 1

Employers should be cautious about the need for survey methodology expertise, potential lack of control over the process, and the risk of sampling irrelevant jobs or industries when considering in-house compensation surveys.

Step-by-step explanation:

When contemplating conducting in-house compensation surveys, employers should be cautioned about several potential issues. Firstly, skills and abilities associated with survey methodology are crucial for obtaining valid and reliable data. Without these, the risk of bias, improper sampling, and inaccurate data collection increases. Secondly, conducting surveys internally can result in a lack of control over the process, potentially leading to a lack of standardization and consistency in the methodology used. Lastly, an internal survey may inadvertently sample the wrong jobs and/or industry, which can yield irrelevant results for the organization. Employers should consider these factors carefully before deciding to undertake an in-house survey.