The answers to such questions will depend on your organization's business strategy, compensation philosophy and value system, but you also need to know how your competitors are answering these questions.

The Watson Wyatt COMPARISON diagnostic tools, including our comprehensive benefits database, QuikValue, benefits benchmarking studies and TOTAL REWARD COMPARISON studies, provide strategic information with which to understand your current pay and/or benefits programs, redesign elements of your programs, evaluate proposed changes and to assist in communicating the value to your employees.