How to Use Salary Surveys to Lure and Keep Good AP Workers

Salary surveys are extremely useful because they help make sure you are offering salaries that are competitive in the marketplace. Otherwise, you risk losing good AP workers, and you can have trouble recruiting additional staff. In addition, organizations use salary surveys to plan their annual merit and pay increase budgets. To keep pay levels up to par, companies must conduct a market checkup every three to five years, according to Cheryl Aldrich, senior consultant in the Philadelphia…