Abstract
Do Spend Some Time on Defining Your Peer Group. Differentiate by Location. Differentiate by Industry. Differentiate by Function and Job Size. Do Not Stop at Cash Compensation. Do Benchmarking Regularly and Consistently. Don’t Exchange Salary Data Directly with Competitors. Don’t Use Cheap Data. Do Challenge Your Survey Provider(s). Do Benchmarking Internally as Well. Don’t Be Afraid if Pay Is Below the Market
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© 2015 Springer-Verlag Berlin Heidelberg
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Gruhle, T. (2015). Benchmarking. In: Zeuch, M. (eds) Dos and Don’ts in Human Resources Management. Springer Gabler, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-43553-3_36
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DOI: https://doi.org/10.1007/978-3-662-43553-3_36
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