Compensation Surveys The Right Way — Don’t Make My Mistake

Wise words from Merces Consultant Linda Budd

FQHC Compensation Resources from Merces

Before I returned to Merces Consulting, I spent many years working on my own and raising my family.  During that time I managed to keep busy doing independent consulting, the majority of which was spent conducting market surveys for local hospitals and other compensation related activities.  In doing so, I learned a valuable lesson that I’d like to pass along …

When I was employed as a Compensation Specialist for a hospital many years ago, we had a practice of calling other peer hospitals to trade salary information.  We never colluded in the sense of “our hospital will pay this much if your hospital agrees to pay that much”; there was no nefarious intent.  It was a simple exchange of information (usually salary range, effective date and average hourly rate) that we would then review with management and use to base our own decisions on, to ensure we were competitive. …

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About Edmund B. Ura

Edmund B. Ura, MAIR, JD, works with governing boards, executives and human resources staff to develop methodologies for ensuring fair and equitable compensation programs that support achievement of organizations' missions. Contact Ed at ebura@mercesconsulting.com.

One Response to “Compensation Surveys The Right Way — Don’t Make My Mistake”

  1. Edmund,

    I’ve been looking for new practices to help our profession evolve and grow.  I’ve appreciated how your site tried to shake up established ideas.  I’m trying to create my own original content to help bring up other thoughts into the HR mindset.  Any ideas or tips about working in the blogosphere or on Twitter?  Here is my site so far:

    https://compensationscience.wordpress.com/

    Thanks for the help,

    John

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