May 15, 2009
Creating a Salary Benchmarking Plan
<h1 class="subhead"><a href="http://blogs.payscale.com/compensation/2009/05/creating-a-salary-benchmarking-plan.html" style="float: left"><img alt="Compplan" border="0" class="at-xid-6a00d8341bf85853ef01156fa28da5970c " src="http://www.payscale.com/content/blog/images/a6a00d8341bf85853ef01156fa28da5970c-800wi.png" style="margin: 0px 5px 5px 0px" title="Compensation-Benchmarking-Plan" /></a> The Importance of Creating a Salary Benchmarking Plan</h1>
<p>By Staff Writer</p>
<p>In previous posts, we have covered different aspects of salary benchmarking at an organization. From choosing <a href="https://www.payscale.com/hr/company_size/large?src=blog">salary benchmarking data</a> sources to getting buy-in at the corporate level, there are plenty of actions to take. But, before you make calls, send emails, do online research and get others involved, there’s a crucial step you can take that will help you produce the best results possible: put together a salary benchmarking plan ahead of time. </p>