Salary survey: Definition, tips & question examples

Salary and benefits are a fantastic root of motivation for each job title. Getting rewarded for their hard work makes employees feel valued and more motivated. So, gathering information about the opinions and thoughts on the employees' salary is only possible by sharing a salary survey with the employees. 

Collecting essential feedback from the employee via salary survey data will help your company to gather honest and useful data on satisfaction. A benefits survey/salary survey makes sure the business abides by the law and avoids the danger of setting pricing. So, this kind of information is extremely sensitive. Salary surveys should be conducted regularly; you will learn how it is done correctly.  

For this reason, you must have a full-fledged survey if you want to benefit from all these data. In this article, you will learn the definition, tips, and excellent 15+ question examples about salary surveys after reading the article!

What is a salary survey?

A salary survey is a document that gathers current data and feedback about an employee’s/survey participants’ salary, including pay and benefits. Salary surveys are done for the sake of both company and employee benefits. 

There are different types of salary surveys to collect various data, such as:

An average salary survey aims to get input from workers to determine if they are aware of the deductions and other compensation and advantages they receive in addition to their net income. Salary surveys are often done by location, industry, or employment type. 

Why do you need a salary survey?

Sharing a salary survey with your employees or your research group have some advantages for you to learn about market data and the labor market, needless to say. To give an example, for the benefit of your business, you can compare all the organizations in the study and their particular industries by looking at the survey results.   

Also, by asking salary survey questions to your employees, you may have a thorough understanding of market compensation and its essential elements, which also contains compensation data. 

15+ questions to ask in your salary survey

As we have discussed so far, creating a salary survey has many benefits for your business. Still, presenting a form consisting of aimless or ordinary questions is impossible. The key point of the salary surveys of companies is asking the employees the most essential and critical questions. 

For that reason, if you are willing to create a salary survey but cannot find the best questions, here are the 15+ must-ask questions for your survey:

1. What is your yearly income?

2. Do you receive a bonus?

3. Does your educational background affect your salary?

4. What degree of education do you have?

5. How often do you get a raise?

6. Can you easily get by with your base salary?

7. Is your salary a factor for this position?8. Are you informed enough about the salary policies?

9. Are there any potential companies you may potentially go to?

10. How much do the bonuses affect your salary?

11. What kind of insurance do you have?

12.  How would you rank your current income?

13. Do you think your hard work is rewarded enough in terms of money?

14. How much of a pay increase would make you stay?

15. Do you have any concerns about your salary?

How to create your own salary survey

Creating a well-prepared salary survey carries great importance for your company because the survey reflects your level of professionality. Also, a good survey helps perfectly lightens the workload of human resources. 

Creating your salary survey is not complicated at all as long as you follow some basic steps. By using an online tool, like forms.app, here is your guideline about how to create a salary survey for free step by step:

1 - Create a forms.app account

The very first step is to enter your current account, but you may easily and quickly create a forms.app account if you do not already have one. Remember that you can easily log in with Apple, Google, Facebook, and Slack Overflow. 

Sign up or log in to forms.app

2 - Generate with AI, choose a template, or start from scratch

Any choice will save you from spending time on coding, of course. But, when you generate with AI, you can quickly and easily create a survey with potential. Also, you can choose from a variety of templates, which enables you to select one and continue. Alternatively, you can start from scratch and decide on each detail. 

Choose how you like to start creating your survey

3 - Add your salary survey questions

The survey’s questions are the part that really matters. Remember your goals and aims and decide the questions according to them. Do not forget that your preferences and choices select the questions. In this part, you can re-check the salary survey questions part given above.

Add your salary survey questions

4 - Customize & share

Make use of your imagination in this step! The more carefully you follow the survey’s instructions, the more you will be seen as professional. An attractive and well-designed survey demonstrates how seriously you take each step. Finally, you can share your salary survey with your employees.

Customize, preview, and share your survey

5 - Analyze the results

Once you analyze the data you collect more salary information, you will realize that you will have more idea about the employees’ feedback. After checking the salary survey results, you can define an appropriate roadmap for the next steps or decisions.

Analyze the results

3 Tips to create a better salary survey

With the help of an online tool, you can easily and quickly prepare a salary survey; however, it should be unique and thought to the finest detail. If you want to construct a comprehensive and successful salary survey with your audience, you should pay close attention to the advice provided below:

Wrapping it up

To wrap it all up, sharing a good salary survey with your employees has many benefits for each side. The amount of the salary paid to employees matters, of course, and collecting data about what they think or feel about the issue is quite essential. 

To get your business this essential information and stay one step ahead of your departure, start creating a salary survey after reading this article with 15+ must-ask questions, definitions & tips!