Compensation and Benefits Specialist how-to
How to Age Salary Survey Data
Old data needs updating.
Quick answer
Old data needs updating. In short: note; pick; calculate, then complete the remaining steps below.
Step by step
Note the survey date.
Pick an aging rate.
Calculate months to target date.
Apply the rate.
Document assumptions.
Use consistently.
Safety reminders for compensation and benefits specialists
- Protect pay and health data
- Follow HIPAA and ERISA
- Prevent pay discrimination
- Verify documents securely
Key terms
Job description · Job analysis · Pay grade · Salary survey · Benchmark job · Aging data: see the full compensation and benefits specialist glossary.