Advantages

  • About the Company
  • QualComp Research Company specializes in general compensation consulting and support. QualComp was founded in 1991 By Lynn Bick, the company's Principal Consultant..........................Read more...
  • Our Clients
  • QualComp's clients represent a wide range of industries, both public and private, manufacturing and non-manufacturing, nonprofit and for profit. These organizations range in size from Fortune 500 companies to start-up operations.
  • Our Commitment
  • We never miss deadlines. The quality of our work will always be excellent. If we don't have the expertise for your particular needs, we'll refer you to someone else whose quality we trust.
  • Handy Tip
  • Do you know how to quickly and easily calculate the minimum and maximum of a salary range of any width based on a specific midpoint? Multiply the midpoint by 2, then divide by 2 + the percentage as a decimal -- and that's the minimum! For example, if the midpoint is $100,000 and you want a 60% wide range, the calculation is:
    ..........$200,000/2.6 = $76,923.
    The maximum would then be $123,077 and sure enough, the total width is 60%!

Our Surveys

  • Minnesota Statewide Compensation Survey
  • Since 1992, we have conducted the Minnesota Statewide Compensation Survey annually. The 2017 report includes data on 552 positions among 142 participants. New participants for 2018 will be welcome; nonparticipants may also purchase results at a higher cost.

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  • Custom Surveys
  • QualComp has been conducting custom surveys for over 20 years, and it is an integral part of our business. We have conducted numerous custom surveys for both individual companies as well as industry groups. ...........Read more...

Why Participate in Surveys?

If you were asked to prepare a budget for purchasing widgets, would you feel comfortable relying on a widget catalog that was two or three years old? It's important to provide data to get quality results. Of course, the number of surveys out there will far outweigh your capacity, even in the best of times. So how should you evaluate which surveys to participate in?.....Read more....

Our Other Services

  • Compensation Budgeting and Planning
  • Like everything else, compensation costs require budgeting. Sometimes, you are given the budget. Other times, you are asked to prepare the budget. Either way, you need to figure out how to distribute the money. ....Read more...

  • Market Pricing and Benchmarking
  • While market pricing fundamentally is a fairly simple process, it is time consuming. Also, it is sometimes more of an art than a science, requiring a combination of technical skill and judgment.
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  • Other Methods of Job Evaluation
  • Although market pricing is the most prevalent method of job evaluation today, other methods are still in use.
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  • Job Descriptions
  • Job descriptions - everyone's favorite thing..............Read more...

  • Communication
  • Communicating to employees is essential in human resources.
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