CompAnalysis to Learn What the Greater Bay Area Pays.Business Editors OAKLAND Oakland, city (1990 pop. 372,242), seat of Alameda co., W Calif., on the eastern side of San Francisco Bay; inc. 1852. Together with San Francisco and San Jose, the city comprises the fourth largest metropolitan area in the United States. , Calif.--(BUSINESS WIRE)--May 14, 2003 Employers are always searching for reliable and current information concerning compensation. Nowhere is that more true than the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay , where the labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience is soft but no less competitive. CompAnalysis, a local expert in compensation management, policy, analysis and evaluation, has announced it will conduct the 2003 Greater Bay Area Compensation Survey. "This study is a 'top-to-bottom' survey, encompassing more than 50 jobs from executive to entry levels," said Charles King Charles King may refer to:
The survey will be useful to employers competing for talent as well as trying to retain the talent they already have. Accessing this timely information will save a company critical dollars by ensuring an employee is not overcompensated and in recruiting costs, as budgets can be drained if you are not within the market price for a position. It will also be useful for those wanting to establish bonus or incentive programs. Analysis of the data will provide key trends that will aid any company in determining budget issues. "Because salary definitions have been all over the board in the last couple years -- regular salaried positions have gone the way of part-time part-time adj. For or during less than the customary or standard time: a part-time job. part , pay-for-compensation, shared jobs, no pay, -- employers have little to go on in making compensation decisions going forward," King said. "This survey will serve as a snapshot (1) A saved copy of memory including the contents of all memory bytes, hardware registers and status indicators. It is periodically taken in order to restore the system in the event of failure. (2) A saved copy of a file before it is updated. of where salaries are right now." Other compensation surveys have been done, but none is currently localized for the San Francisco Bay Area. "We know that this area has its own economy," said Shari Shari, river, Chad: see Chari. Dunn, managing principal of CompAnalysis. "Compensation surveys that include the entire country are not relevant here. The rapidly changing technology industry, the number of highly educated employees, the high cost of living -- all these factors create a need for this targeted survey." The survey will be conducted between Jul. 1 and Aug. 15, 2003, through both a printed and online questionnaire. The survey results will be available by September. For more information on the survey, how to participate, and how to obtain the results, visit the survey Web site at www.salarysurveys.com. For more information about CompAnalysis, please visit www.compensation.com. For more information about the 2003 Greater Bay Area Compensation Survey, please call Charles King at 510.763.3773 x106. |
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