Companies typically use _______ pay survey(s)when setting pay levels.
A) one well-validated
B) two
C) three or more
D) more than five

Question

Quizplus · Accepted Answer

Companies typically use three or more pay surveys when setting pay levels in order to have a comprehensive understanding of industry pay practices and ensure competitive compensation for employees. A single survey may not provide enough information, while using too many may lead to information overload and difficulty in making informed decisions. Two surveys may be used in some cases, but three or more is the most common practice.

Companies Typically Use _______ Pay Survey(s)when Setting Pay Levels