A leading placement consultancy firm gathered and presented information about the average compensation for attorneys to its clients. This information included data on the compensation paid by other law firms in a specific geographic region. The firm used this information to inform its clients about the companies that have the most external equity. Which of the following methods has the placement consultancy firm most likely used to gather information about compensation rates at different firms?

Question

Quizplus · Accepted Answer

A pay survey is the method most likely used to gather information about compensation rates at different firms, as it involves collecting and analyzing data on wages and salaries paid by other organizations, which is exactly what the placement consultancy firm did.

A Leading Placement Consultancy Firm Gathered and Presented Information About