Different approaches to data analysis can reveal new, actionable information based on the same core data. One of the most effective ways to examine survey results is by segmenting respondents using cluster analysis.
Cluster analysis is a multivariate technique that groups respondents with similar behaviors, preferences, or characteristics to gain a greater understanding of the importance of the parallels and differences. This information can be used to add insight and narrow the lens for looking at information in different, specified ways.
There are two ways to approach cluster analysis:
- Hierarchical makes observations and joins clusters that remain together throughout analysis
- Non-hierarchical is used to switch clusters around as the analysis proceeds, most often using K-means.
In order to use cluster analysis effectively, each cluster should have a good number of respondents, as too few reduces usefulness. Determine that the clusters make sense and that they are based on characteristics that are easy to understand and define propecia pills 5mg. Finally, validate the clusters by analyzing how they relate to other variables.
The more relevant your chosen criteria, the more effective your cluster analysis can be. When developing pay structures, some of the best details to hone in on are: years of experience, size of company, location, degree, department size… (?) While the exact grouping should depend on the specific jobs you are trying to price for your own company, looking at the information through different stipulations can add perspective to your questions.
(MarketPay determine specific best features?)
Using Clusters to Analyze
Once you identify the clusters of respondents, you can display them in different ways to chart correlation and causation. Knowing the attributes and characteristics of different types of employees can help you make decisions about compensation packages that go beyond best guesses.
One of the most important benefits of cluster analysis is the ability to draw conclusions based on a number of factors while easily relaying the results for maximum effect. The most effective software will give you access to charts and graphics that can effectively present the findings and best determine actionable results.
Custom tables enable you to easily create appealing and straightforward exhibits of your process and how you got to your conclusions. Condensing information in this simple way makes it easy to take in during a single presentation, and summarizes the hours of work put into your final decisions.
Cluster analysis is only one of many ways your experts can assess data to draw conclusions and build more comprehensive, competitive pay structures. Using MarketPay’s compensation software and different analysis strategies such as clustering, your enterprise can take the guesswork out of compensation.
buy abilify buy accutane buy aceon buy aciphex buy actos buy adalat buy aggrenox buy albenza buy aldactone buy alesse buy allegra buy alprostadil buy altace buy amalaki buy amaryl buy amoxil buy anafranil buy antabuse buy arava buy arcoxia buy aricept buy arjuna buy artane buy asacol buy astelin buy atarax buy augmentin buy avalide buy avapro buy avelox buy avodart buy ayurslim buy azulfidine buy bactrim buy bactroban buy benicar buy betagan buy betnovate buy biaxin buy bimatoprost buy botox buy brahmi buy buspar buy bystolic buy calan buy cardura buy casodex buy cefixime buy ceftin buy celebrex buy celexa buy cenforce buy chloromycetin buy cialis buy cipro buy clarinex buy claritin buy cleocin buy clomid buy combivir buy copegus buy cordarone buy coreg buy coumadin buy cozaar buy crestor buy cymbalta buy cytoxan buy deltasone buy depakote buy desyrel buy detrol buy diabecon buy diamox buy diflucan buy diovan buy duphaston buy duricef buy effexor buy elavil buy eldepryl buy epivir buy eulexin buy evecare buy evista buy exelon buy famvir buy feldene buy flagyl buy fliban buy flomax buy flonase buy floxin buy geodon buy glucophage buy glucotrol buy glucovance buy grifulvin buy guduchi buy haridra buy himplasia buy hytrin buy hyzaar buy ilosone buy imdur buy imitrex buy imodium buy inderal buy indocin buy janya buy kapikachhu buy karela buy keflex buy kemadrin buy lamictal buy lanoxin buy lasix buy lasuna buy levaquin buy levitra buy lexapro buy lioresal buy lipitor buy lopid buy lopressor buy lozol buy luvox buy manjishtha buy megaslim buy menosan buy meshashringi buy mestinon buy metaglip buy micardis buy micronase buy microzide buy minipress buy mobic buy moduretic buy motilium buy motrin buy myambutol buy mysoline buy naprosyn buy neem buy neurontin buy nexium buy nizoral buy nolvadex buy noroxin buy norvasc buy omnicef buy oxytrol buy pamelor buy paracetamol buy parlodel buy paxil buy penisole buy periactin buy persantine buy plavix buy ponstel buy prandin buy precose buy prednisone buy prevacid buy priligy buy prilosec buy prograf buy propecia buy proscar buy protonix buy provestra buy punarnava buy rebetol buy reglan buy requip buy retrovir buy risperdal buy rulide buy serevent buy seroquel buy shallaki buy shatavari buy shigru buy sinemet buy sinequan buy singulair buy speman buy sporanox buy starlix buy strattera buy stromectol buy sumycin buy suprax buy sustiva buy symmetrel buy tegretol buy tenoretic buy terramycin buy tofranil buy topamax buy trandate buy trental buy tricor buy trikatu buy trileptal buy triphala buy tulasi buy urispas buy uroxatral buy valtrex buy vantin buy vasaka buy vasotec buy ventolin buy vermox buy viagra buy vigorelle buy vigrx buy voltaren buy vrikshamla buy vytorin buy wondersleep buy xenical buy zanaflex buy zantac buy zebeta buy zestoretic buy zetia buy ziac buy zithromax buy zocor buy zofran buy zoloft buy zovirax buy zyloprim buy zyrtec viagra