Which of the following approaches emphasizes accumulating data from companies similar in size and industry?

The emphasis on accumulating data from companies that are similar in size and industry aligns perfectly with salary benchmarking. This approach involves analyzing salary data from comparable organizations to establish competitive compensation levels for various roles. By focusing on similar companies, salary benchmarking ensures that an organization can attract and retain talent by offering salaries that are aligned with industry standards, thus helping to maintain competitiveness in the job market.

In contrast, pay-for-performance structures focus more on rewarding employees based on their individual performance rather than benchmarking against industry data. Job grading systems categorize jobs into levels based on their responsibilities and requirements, without a primary focus on comparing salaries across similar companies. Employee engagement surveys gather feedback from employees regarding their work experience and satisfaction, which does not directly relate to compensation data or benchmarking.