Using XA FAQ #2

Frequently Asked Questions

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Using XA FAQ #2

Frequently Asked Questions

QUESTION:  What data can be modified and how will it affect salaries?

 

Organization Data: You may specify a particular city, a state or province, a national average, or a User-Defined Average.  You may also trend salary data forward or back to any desired compensation planning date and adjust base salary information by inputting the industry and organization size.

 

Organization Name: Please note that your inputs to the Organization Data panel will show on printouts, including the Organization Name.  In this way your printouts may be personalized.  Please note that Personalize Settings allows you to include the analyst's organization name and contact information at the bottom of each print report.

 

Area: When initially booted, the Executive Compensation Assessor loads a default specification of US National Average (postal code 00000).  You may select areas in the US, Canada, UK and Europe (new countries are being added continually) OR average several areas to a Create a User-Defined Average.

 

Industry: Enter a specific industry name or industry code (eSIC, NAICS, or usSEC code) OR use the Industries dialog to browse industries.  See the "Industry" section of the Methodology.

 

Organization Size: When initially booted, the Executive Compensation Assessor loads a default specification of $100 million in revenue.   Organization Size for most jobs and industries is defined in terms of annual revenue (or turnover in the UK).  For some jobs and industries, the organization size is defined in terms of assets, fiscal year budget (FYB), or number of employees.

 

Salary Planning Date: This is initially set to the computer's system date, or today's date.  If this date does not equal the Database Date (or "Data as of" date), a non-zero Annualized Salary Trend will display. (Only differences greater than or equal to one month have an effect.)  All salaries will be adjusted by this percentage to reflect the increase or decrease of salaries due to time.  This prorated percentage is compounded monthly.  To nullify these adjustments, set the Salary Planning Date to the "Data as of" date. See Salary Planning Date Adjustments for more information.

 

Note:  The Executive Compensation Assessor reports the most recently available data.  When you set the Salary Planning Date back in time, the application trends the most recent data to the selected date.  It does not pull data from a historical database.

 

See Assessor Series FAQ #35 for more information about the importance of size when analyzing compensation.