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REGIONAL WAGE and SALARY SURVEY Exclusive: As the only regional resource of benchmarking compensation data, the Manufacturer & Business Association collects, compiles and provides the information

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Regional wage and salary refers to the average pay that workers receive in a specific geographical region. It takes into account factors such as cost of living, industry standards, and local market conditions.

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Regional wage and salary information is typically reported by employers to government agencies or regulatory bodies. It is required for statistical purposes, labor market analysis, and determining fair and competitive compensation rates.

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The purpose of regional wage and salary reporting is to gather information about compensation trends and levels within a specific geographical area. This information can be used for various purposes, such as policy-making, collective bargaining, ensuring fair wages, and analyzing labor market dynamics.

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The specific information that must be reported on regional wage and salary can vary depending on the requirements of the reporting entity. Generally, it includes data on employee salaries and wages, job positions, industry sectors, and may also include demographic information such as age, gender, and education level.

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