Which survey is best suited for your needs? : a comparative evaluation of the major compensation and benefits surveys in Hong Kong

Pao Yue-kong Library Electronic Theses Database

Which survey is best suited for your needs? : a comparative evaluation of the major compensation and benefits surveys in Hong Kong

 

Author: Chan, Sau-shing Samson
Title: Which survey is best suited for your needs? : a comparative evaluation of the major compensation and benefits surveys in Hong Kong
Degree: M.B.A.
Year: 2003
Subject: Wage surveys -- China -- Hong Kong
Employee fringe benefits -- China -- Hong Kong
Hong Kong Polytechnic University -- Dissertations
Department: Dept. of Management
Pages: v, 207 leaves : ill. ; 30 cm.
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1710637
URI: http://theses.lib.polyu.edu.hk/handle/200/5406
Abstract: It is undeniably to say that compensation and benefits surveys are critical to the company success. In fact, these surveys convey very important information to executives in making management decisions on their human resources. In order to identify the surveys which best suited for company's need, the current major proprietary compensation and benefits surveys in the Hong Kong market are scrutinized. Since each survey has its own strengths and weaknesses, users are required to make the correct choice based on their genuine requirements. To better understand the users' evaluation on their satisfaction with the surveys as well as the effectiveness, their practical usage on these information sources are also studied. Although the human resources practitioners are generally satisfied with the results offered by the current surveys and therefore appraised them with positive comments, there are indeed numerous areas for improvements, especially data accuracy, which survey providers are required to pay further attention to. In view of the abundance of free pay surveys in the Internet, it is rather surprising that human resources practitioners are not actually utilizing these data at all due to the unreliability of information sources. With regard to the future of pay surveys, it is expected that the current traditional job-based surveys will still persist for a period of time. Moreover, it is believed that possible change of survey models or mechanisms will take place only with revolutionary work designs modifications and users acceptance.

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