Each year, Compdata Surveys works with organizations across the country to gather pay and benefits data for the Compensation Data survey. Companies are contacted through various direct marketing efforts. Annually, the survey questionnaire is released through email and direct mail communications throughout January, with the exact date varying by industry. Participants receive follow up phone calls and emails to encourage participation and provide support. Data is collected with an effective date of January 1. Participants may submit their survey responses online. All survey results are released by the end of October of the same year.
The survey contains an auditing tool allowing participants to identify data abnormalities prior to submission. Additionally, automated checks are incorporated throughout the questionnaire to minimize data outliers. After data is received, submissions are reviewed for completeness. Compdata Surveys evaluates responses from annual participants to ensure data is updated from year to year. All data submitted is run through a customized software program to assist our compensation analysts in identifying and correcting for inconsistencies and outlier data. Data that significantly skews the results may be removed if necessary.