Help Center/Compensation FAQ/What is market data used for?
Compensation FAQ

What is market data used for?

Keeping bands grounded in external benchmarks.

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Compensation FAQ

Quick answers to the questions people actually ask about compensation cycles, proposals, bands, budgets, and payroll tax.
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What is Compensation Management and how does it work?Cycles, proposals, bands, budgets, and payroll tax in one connected flow.
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How do I create a salary band?Set a name, grade, pay range, currency, and location scope.
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What is market data used for?Keeping bands grounded in external benchmarks.
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What is compa-ratio, and how is it calculated?Current salary divided by market median.
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Compensation FAQ66 articles
What is market data used for?

Market data, imported from sources like Payscale, Mercer, or entered manually, helps you set salary bands based on real external benchmarks rather than guesswork, and feeds the compa-ratio calculation.

Compensation FAQ

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How do I create a salary band?

Set a name, grade, pay range, currency, and location scope.

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What is compa-ratio, and how is it calculated?

Current salary divided by market median.

Read ArticleCompensation FAQ

What is Compensation Management and how does it work?

Cycles, proposals, bands, budgets, and payroll tax in one connected flow.

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