Examlex
All of the following statements are true EXCEPT
Compensation Surveys
Research conducted to gather and analyze competitive salary data, used by organizations to benchmark their compensation packages.
Labour Market
The supply and demand for labor, where employers seek to hire workers and workers seek employment.
Market Values
The current price at which an asset or service can be bought or sold in the market.
Third-party Surveys
Research or assessments conducted by an external organization that is not directly involved with the subjects being studied.
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