WorldatWork Certification C17 Book

Employee tenure and seniority

Employee performance evaluations

Employee benefits and perks

External competitiveness and relevant labor market

Any market inequities are built in

Simple to administer

TAkes into consideration the company's perceived value of a job

Legally defensible based on job content.

Easy to understand and explain, aligned with internal equity, accurate for all types of jobs, provides high degree of transparency

May be difficult to obtain data, may not be aligned with internal equity, not defensible on job content basis, may be overly time consuming

Simple to administer and update for currency, responsive to the market, not overly time consuming compared to other methods, high degree of transparency

Based on job content, provides flexibility for job evaluation, accurate for all types of jobs, requires less market data

Surveys with higher response rates

Surveys with lower numbers of companies and/or incumbents reported

Surveys with older data

Surveys with lower quality benchmarks jobs