A salary survey is a research tool used to collect data on compensation levels for various jobs within specific industries or regions. It helps organizations understand how their pay structures compare to the market, ensuring they remain competitive in attracting and retaining talent. Typically, salary surveys gather information on base salaries, bonuses, and benefits from a range of employers. This data is often analyzed by job title, experience level, and geographic location, providing valuable insights for both employers and employees regarding fair compensation practices.