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Is the regional, national or occupational labour market most important to the salary setting process in your organisation?

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Is the regional, national or occupational labour market most important to the salary setting process in your organisation?

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For high-level IT staff or accounting staff, for example, the occupational labour market may be more important whereas for unskilled jobs in cleaning or catering, a very local area survey may be more relevant. • Should the job-matching process make use of sampling or rank all jobs in the organisation? How do you ensure that you are comparing like with like in terms of job size? The use of sampling may reduce accuracy while the process of all-job ranking inevitably involves a heavier workload. There will moreover be instances of roles that are unique to a particular organisation, rendering them incapable of direct matching. In such cases market pricing would often take place based on the perceived internal worth of the role using the nearest equivalent job that can be surveyed as a reference point. • What elements of earnings are covered by the figures? Salary surveys may, for example, set out details of basic salary only or encompass other aspects of direct compensation such as regiona

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