Market salary survey PREPARED BY ;Ali AL-GHAZWANI

1-define salary survey •Market salary survey its tool used for determine

the average compensation paid to employees in one or more jobs

•And there is a four factors we have to focus on •1 -the job ; example : patients relations officer•2-the industry example :medical affairs •3 -the market : internal•4 -the employer size : large •Also the market salary survey is time sensitive

which identified by the period in which data are collected .

2 -identify data collected in a salary survey;

•We have to know that we have two kind of data•1 -quantifiable data ; and Non – quantifiable data •The quantifiable data is or include 8 things•1-Base salary—2 starting salary ---3 salary ranges •4 -increase percentages 5- incentives/bonuses 6-merit increase

7-allowances and benefits 8 -working hours :

2-Non quantifiable data is

•1 -Educational requirements•Geographic location

•Source of hire •Working conditions

3-demonstrate salary survey importance :it helps the organization in:

•Hiring and retaining competent employees•Promoting worker productivity (Maslow hierarchy of needs-physiological-safety –belongingness-esteem-and

actualization)

•Developing an adequate and acceptable pay structure

(job titles –need for determining fit of degree)Recognizing pay trends in the marketplace

(in indicator) Defending pay practices in a court of law

(law suit –data collected –pay policy )

4-illustrating difficulties of data are collected and analyses

•1-obtaining a proper job match 2 -collecting useful pay data 3 -ensuring an acceptable sample of organizations

and jobs 4 -relating data to organizational pay policies5-integrating market pay data with pay structure

design 6-recognizing the goals of pay survey designers and

implementers 7 -analyzing and making inferences from collected

pay data8-recognizing pay as the only one components of

the total compensation or even total reward system of the organization

9 -using third-party data versus performing or sharing a survey

1-obtaining a proper job match

•-poorly defined jobs•-improper job description•-incorrect job matching• -for example , computer terminal operator job

•Poorly prepared job description , comparing between two different job descripation,so the degree of fit will be inaccurate.

2-collecting useful pay data•-boring assignment –lowest paid members-wrong

or insufficient survey data: •Some companies think that market salary survey

is boring assignment so we will not provide or gain sufficient or insufficient data so they

dedicate this to lowest employees –the lowest skill employees provides incomplete and incorrect

•4-as result the degree of fit will not be accurate

3-ensuring an acceptable sample of organizations and job

•Sample of organization – sample of jobs•Same size and has good previous history •Cooperation and has background about market

salary survey and in the field using benchmark jobs

•4-relating data to organizational pay policies•Market pay survey against internal job evaluation

Some executive manager may refuse the

recommendation of HR manager to change the pay policies based on data collected in market survey

5-intergrating market pay data with pay structure

Consideration for data required from the market But changing depanding on pay

structure

6-recognizing the goals of pay survey designers and implementers

•they are what we call hidden agenda in which•You may find some organization or small

organizations may send the market salary survey to medium also the medium organization , send it

to large organization

7 -Analyzing and making inferences from collected pay

•Because they are some agenda as goals for market salary survey designer and

implementers its better for participating organization to provide average data not

actual data.

8-recognizing pay as the only component of the total compensation of the

organizationPay data in the survey is isolated from

benefit program of the survey participants are assumed to be like ours. So its not

enough to inquire about salaries only also include benefits and every thing related to

payment

9 -using third –party data versus performing a survey

• -using third party data• -participate in a survey• -perform a survey•1 -based on your circumstances' so you will select

the best option •2 each organization based on ax circumstances

Implement salary survey ( T-F-R-B-C M C )

•1 -TELLPHONE – CALL REQUESTING FOR PARTICIPATE

•2 -FORMAL –OFFICAL LETTER EXPLAINING THE SURVEY

•3REQUEST – REQUESTING THE ADDERSSEE TO PARTICIPATE

•4-BRIEF – SHOULD E BRIEF AND INFORMATIVE ALSO INRESTING

•5 -CONTENTS – IT SHOULD INCLUDE INFORMATION ABOUT THE PURPOSE OF THE SURVEY

•6 -MUTUAL BENEFITS ITS VALUE TO ADDERSSEE –SUMMARY OF RESULT

•7 -CONFIDENTIALITY PROCEDURE – PERHAPS WE CHANGE THE PARTICIPANT NAMES INTO CODES

LETTER OF TRANSMITTAL •Dear, medical director and human resource manager

•In accordance with our telephone conversation, ( T ) I am enclosing a survey questionnaire with a self-addressed,

stamped envelope. Thank you for agreeing to participate. ( R)

The survey has three section : organizational policy, employee benefits, and job data, answers to the policy section will assist us

in relating compensation differences among the participating organizations because of their ever-expanding importance's and cost, employee benefits have become increasingly important to

many organization the job data section is the heart of the survey if you have any doubt about the similarity of the job you match

with the one we describe, please feel free to comment in the margin beside the matching job of you wish send us a copy of your parallel job description and we will do the matching ( C)

To be continued

LETTER OF TRANSMITTAL •To ensure anonymity of your response, we will not list

organization by name or make any grouping where it is possible to combine such data as number of organization , or

number of employees so that identification of a specific organization is possible we have coded each survey only to allow us to check with you concerning any missing data or where it appears that the data may have been incorrectly

transcribed by transposing numbers or placing a number in the wrong column ( C)

•After compilation and analysis of the surveys, each participating organization will receive a summary if you need further information or clarification of summary data , please

contact me any time you like :

• (F&B)

Organizational policy((Staff and hours ))

•Number of employees?

•How many hours per week do your employees normally

work?

•How much time allotted for lunch?

•Also how many breaks?

•How much time allotted for them?

•Do you have a 4 day work week ?

•Do any of your employees work on shifts?

•Do you have any form of flextime?

•1200.•40

• one hour

•Just 2•Just three minutes

•no •No•No

Organizational policysalary payments policies

•If your standards number of hour worked per week is less than 40, do you pay overtime for hours in excess of the normal workweek ? Yes

•If certain groups within the organization have less than a 40 hour work week please list them:

•Group : no hours : no

Organizational policy :((starting salaries ))

•Starting salaries-for high school graduates:

•What is your average starting salary for a high school

graduate with no work experience who cannot type or take shorthand ? 5 thousands

•Starting salaries for –community college school graduate:

•What is your average starting salary ? Its 7 thousands

• starting salaries-college graduates:

•What is your average starting salary for college graduate with a bachelor degree in administration business ? Its 8000 thousands

•Employment policies:

•Do you pay employment agency fees for non college graduates ? Yes

•Also do we pay fee at time of employment : no after hired,

Employees benefits paid vacations))))

•What paid vacations are allowed ? •Years services : number of days:

•0-10 15 days •10-30 30 days•30-50 35 days

•Others: none•Can unused vacation time be carried over to the

following year ? No•Paid holidays

•How many paid holidays do you grant ? Aladha eid-alfater eid – Saudi national day:

To be continued

Employees benefits paid vacations))))

•Sick leave •Do you have an official sick leave plan ? Yes we

do •How many days of sick leave do you grant per

days ? Its not limited •Do you have a waiting period before an

employees is eligible for sick leave ? No because its related to ((Disease))

•Do you have a lifetime maximum number of sick leaves days an employees can take ? No its

related to the situations •Do you have a plan that permits the employees

to convert sick leave to other uses ? No its not allowed

Employees benefits: •Other leaves :

•Do you grant leave with pay for any of the following reasons ?

•Reason no of days: •Marriage 0•Family illness 1•death in family 3 days •Jury duty 0•Other none

•Insurance benefits : •Do you have a group hospitalization and/or surgical plan ? Yes

•Full paid and coverage

To be continued

Employees benefits: •Family plans:

•Is there a major medical addition to the regular insurance plan ? Yes full paid and coverage:

•What is lifetime illness maximum? •5 years

•Pension plan •Do you have a pension plan ? Yes •Does it include all employees ? Yes

•Is it integrated with social security ? Yes •Is its defined benefits plan ? Yes

•What is your retirement age ? 60 years old •Do you have any early retirement eligibility ? Yes many

reasons : impairment – injuries – to be continued ,,,

Employees benefits :Pension plan

•Have you provided a pension plan supplements for retirees in the past five years ? Yes

•Do you provide death benefits for retirees ? Yes of course

•3 -job data: Please complete this form for your comparable job :

Job title : patient relation officer

Job code: 129436

Minimum pay : 5800

Maximum pay : 11,200

Degree of fit ? Identical fit

Pay summary :pay summary sheet for each job in the survey

•Job titles•Job summary: •Reporting data

Number of firms Number of employees Average pay reported

Actual pay data Number of firms

reporting Lowest reported pay

rate Median pay rate

Highest reported pay rate

•Patient relation officer•Serving the patients •10•450•7500•5800•6•5800•7500•11,500

Thank you very much

Ali AL-GHAZWANIHRM

My regards :