Senior Professional in Human Resources (SPHR) Certification 2025 – 400 Free Practice Questions to Pass the Exam

The most reliable source for building wage bands is government wage data tables. These tables are typically compiled through extensive research and data collection efforts by government agencies, making them a highly credible reference. They encompass a broad range of jobs across various industries and regions, which helps ensure that the data is representative and accurate for establishing wage bands.

Government data sources are also generally updated regularly and adhere to rigorous standards for data collection and reporting. This level of rigor contributes to their reliability, as the figures are not based on self-reported salaries or potentially biased sources. Thus, when creating wage bands, leaning on government wage data can provide a solid foundation for making informed compensation decisions that comply with legal and market standards.

While other sources like professional wage surveys, local industry groups, and internet salary aggregators can offer valuable insights, they may not have the same level of reliability or comprehensiveness. Professional wage surveys can vary depending on the sample size and methodology used. Local industry groups may reflect localized market conditions but might not account for broader trends. Internet sources, although convenient, can sometimes lack the rigor of research and verification, leading to less trustworthy data.