Market Benchmarking and Salary Positioning Questions

Approaches to analyzing market compensation survey data and positioning internal pay against market benchmarks. Topics include mapping internal roles to survey roles normalizing for geography and currency calculating percentiles and range spreads building market referencing models identifying gaps and recommending adjustments and forecasting cost impact of market moves. Candidates should explain the calculations used such as median and quartile calculation describe assumptions and limitations and show how to communicate recommendations to stakeholders.