Wage & Benefits Survey
Annual Wage & Benefits Survey
Participation in our surveys is a member priviledge and is strongly encouraged. Our members indicate that one of the main reasons they decide to join CVI is to have access to our comprehensive survey reports. We understand your time constraints so we make it worth your while to participate. Members who participate in our surveys are rewarded and receive free of charge survey reports they participate in. Not only that, but they also receive significant discounts on national reports.
Salary surveys benefit companies by:
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Providiing job classification data.The basis of a good compensation plan begins with a thorough job analysis and the development of job descriptions.
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Salary surveys provide information on benchmark jobs, which are positions that are similar in all companies.
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They establish pay ranges. A flat structured organization is the growing trend in many companies. Instead of promotion oportunities, these companies utilize broadbanding, which is the compression of several job descriptions into broad pay ranges. Unlike traditional pay ranges, broadbanding focuses on high performance in existing job roles. There are not many promotional opportunities, only more opportunities to grow an existing position and to add more responsibilities and more compensation. In the broadband pay structure, there are usually five or six levels in the organization and all employees fall within those bands.
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Establish minimum salaries. Salary surveys provide analytical data on salary ranges based on skill and industry. This is particularly helpful for new companies that need to compare the market minimum pay ranges to their compensation plans and determine if they are recruiting candidates within the minimum to median pay ranges.
Survey Prices
Participating CVI members – 1 free copy - additional copy.................$100.00
Non-Participating CVI Members ............................................... $500.00
Non-CVI Members .............................................................$1,000.00