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Compensation and benefits survey data results are usually organized in what following way?

A. By how many products and services are produced
B. By how many policies an organization has
C. By industries and geographical regions
D. By Equal Employment Opportunity (EEO) classifications

1 Answer

4 votes

Final answer:

Compensation and benefits survey data are organized by industries and regions, reflecting various factors affecting compensation and diverse demographic insights on employment.

Step-by-step explanation:

Compensation and benefits survey data results are usually organized by industries and geographical regions. These surveys collect data on average hourly compensation including wages, health insurance, vacation pay, and other benefits. The compensation varies due to factors like experience, education, skill, and union membership. Also, surveys such as the Current Population Survey offer insights into unemployment by different demographics, showing the diversity and depth of data collected.

The proper organization of data is essential. For example, tabulating how productivity varies by country can help in expressing how many workers it takes to produce a unit of a product. These methodologies are crucial for understanding labor market trends and issues like income inequality and discrimination.

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