Recent orders

a past could be defined as a year earlier since wage level take time to change. It could imply that any information collected within a given fiscal year could be necessary in determining the exact level of compensation an organization would provide to its employees. In the case of secondary data about employees’ compensation

the information could be obtained from books

getting information would involve determining the level of government involvement in the labor issues of the conducted organizations. Workers need job security and this could a consideration whenever deciding to accept a given job. It would be good to inspect and gather information about the involvement of the government and stakeholders in employees’ compensation. Government involvement would look at issues like availability of minimum wage

conditions on good working conditions for workers

the primary research involves trying all possible to get feedback given that questionnaires are used. This group of respondents is never easy to approach. The reason why managers and owners of organization aiming to conduct research from are difficult to find and to get information from them is that they usually committed beside being conservative. They understand that the only way to compete effectively is by failing to disclose some key information about their companies to competitors. It could be difficult to convince them that whatever action is being taken to collect data is not done for completive purposes. The kind of question to ask them is on compensation and payment for respective worker performance. Gathering high-level support best for coming up with an effective compensation strategy would require the management to understand the reason for the organization’s need for this information. They can be asked about compensation strategies and policies they have ever employed in their current organizations or in other organization earlier in time. Questionnaires would be the best in this case since these top management professionals need time to settle for a quality answer to b delivered to the researcher. Mailed questionnaires could b used but the cost and accuracy of each method of obtaining primary data need to be considered (Shrm.org

Compensation’s Role in Human Resource Strategy