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July 31,
2007 Press Release
CompFacts
Launches Inexpensive Service for Designing and
Sponsoring Confidential Custom Salary Surveys of
Exceptional Usefulness
UltraSurveyXL
is an extremely affordable and unique service for
quickly designing and sponsoring totally
confidential professional-grade pay surveys.
Participation is maximized by providing each
participant their own custom results in a
pre-programmed Excel workbook. The workbook provides
instant, comprehensive and completely tailored
interactive compensation and staffing
comparisons-to-market at the job, grade and pay
structure levels.
Stamford, CT (PRWEB) July 31,
2007 -- Organizations can now quickly obtain
tailored compensation data for their precise labor
market and jobs by creating and sponsoring their own
pay surveys - surveys specifically designed to
maximize participation. These totally confidential
surveys are conducted by CompFacts, and the sponsor
and participants only have access to summary data.
"Many organizations find
existing salary data too old, costly or
time-consuming to use, or are missing essential
jobs, information or participants - and that
designing and sponsoring their own survey is needed.
UltraSurveyXL
is a ground-breaking service for doing that in a way
which eliminates their high cost, long completion
time and low participation rates." said Robert
Lerner, CompFacts' founder.
UltraSurveyXL
surveys are affordable (generally less than
$1,000) because CompFacts provides sponsors a
powerful software program to specify every aspect of
their survey totally without CompFacts' involvement
- including invitees, jobs, data to be collected and
associated validation rules, and custom statistics
and data cuts (labor pools) to be reported in survey
results. The program includes extensive built-in
libraries of data fields and jobs to dramatically
speed up this process, and even creates complete
directions for survey participants.
Surveys can be completed in
only about four weeks, even when allowing as much as
three weeks for CompFacts to receive valid
participant data. This is possible because of our
totally automated process for conducting all
subsequent survey steps (e.g. creating and
distributing the email invitations and Excel data
collection workbooks, validating participant
submissions and producing and distributing custom
survey reports).
Survey participation is
maximized because each participant is provided
exceptionally useful survey results in the form of a
pre-programmed Excel workbook which:
- Displays the participant's
own job titles, submitted values, pay structures and
target salaries (e.g. midpoints) for easy
comparisons to market.
- Provides comprehensive
pre-calculated competitive comparisons, including
the critical Normalized Percent Rank metric.
- Exports selected data and
charts to Microsoft Word.
- Provides extremely useful
and unique comparative staffing analyses.
- Conveniently minimizes data
overload by temporarily hiding non-matching jobs and
data cuts (labor pools) and less-relevant
statistics.
- Supports the creation of
composite job values by averaging all relevant data
cuts (labor pools).
- Provides powerful
interactive competitive analyses for the selected
pay structure, data cut (labor pool), data field and
statistic at the job, grade and pay structure
levels, with the ability to remove data outliers.
- Produces a wide variety of
management-quality charts, including those with
linear or 2nd degree polynomial trend lines (and
associated equations).
- Supplements a full array of
standard statistics with any custom statistic (1st
through 99th percentile) specified by the
participant.
- Includes competitive
comparisons using the participant's pre-selected
comparative statistic and method for calculating
competitive differences.
A comprehensive PDF white paper
is available on how
UltraSurveyXL
can help you
About CompFacts:
CompFacts was founded in 1982,
is privately-owned, and provides salary analysis
software, custom salary surveys, salary information
and related compensation services to members of the
pay management profession. For more information,
please contact Robert Lerner.
Contact:
Robert J. Lerner, Founder
CompFacts
646-300-9507
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