Each year, PayScale surveys thousands of HR and business leaders to learn about the workforce and compensation trends they've experienced in the previous year, and to see how those trends have informed their plans going forward. Below is a summary of those results.
The data represented here was compiled from PayScaleâ€™s Survey of Compensation Best Practices, conducted from November - December of 2012. Survey results were analyzed several ways to compare results by company size and industry.
Overall Sample Size In total, 4,429 business and HR leaders completed our 2013 Compensation Best Practices Survey. Of the respondents surveyed, 45% were from small companies (<100 employees), 34% from medium companies (100-1,000 employees), and 21% from large companies (1,000+ employees).
Respondent Job Functions:
50% of respondents were in HR Management. 23% of all respondents were Executive Level (C-level or VP). The next most popular function was HR Specialist, accounting for 19% of all respondents, followed by Administrative, accounting for approximately 8% of all responses.
Industry Sample Size:
The biggest industry contributors were: Healthcare and Social Assistance, making up 14% of the total sample; Manufacturing accounted for 12%; Professional, Scientific & Tech Services accounted for 10%; Information, Media & Telecommunications and Finance & Insurance both accounted for approximately 7% of respondents.