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A comment on How much does employee turnover really cost?. Parent comment

Re:How much does employee turnover really cost? by joshyeager on Tuesday January 17, 2017 @04:38PM (#13421530)
We buy market data from two sources every year. They get their data by collecting it from the companies that buy their data. Obviously that's not perfect, but it's more objective than most other methods.

That hardest part is figuring out which generic categories match our specific positions, since every company in the survey has different definitions and requirements.

Our employees seem pretty happy with the results, and we've had very few offers rejected for salary range reasons. So it seems like we're pretty close. If anything, we're probably a bit above our local market.

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Re:How much does employee turnover really cost? by frakr on Tuesday January 17, 2017 @11:07PM (#13423882)
Do you use The Employers' Association by any chance?

I used to work for a company that used their data. The reports they provided did not have any technical positions included. There was no transparency on their process.

Comparing those numbers to the Bureau of Labor Statistics, the salaries for anyone doing technical work were below market rate. https://www.bls.gov/bls/blswage.htm

BLS data is transparently provided and very specific.

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Re:How much does employee turnover really cost? by geofft on Wednesday January 18, 2017 @11:47AM (#13427762)
What prevents an association of employees from buying this data? (Just the general unwillingness of tech employees to unionize?)
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Re:How much does employee turnover really cost? by bagels on Wednesday January 18, 2017 @04:53AM (#13425231)
What sources?
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Re:How much does employee turnover really cost? by falsedan on Wednesday January 18, 2017 @09:00AM (#13426301)
Towers Watson is the big one in the UK.

I worked at a place which got the salary data, and then announce that everyone was underpaid and that salaries would be adjusted 'soon'. When is 'soon'? Why, it's inaudible mumbling.

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