Calibrate the organisation's grade structure and to align the structure with the market.
Toconverst from job points to a market salary, formulas based on the results of salary surveys are used. These formulas convert the points into a market salary in the particular employment market covered by the survey. Sets of formulas can be determined for different markets to reflect the variation in salary levels among markets.
Here we will examine the conversion of the job evaluation points for a single position to a market salary.
The salary formulas to do this:
(a) Are immediately available for you access from within Jobscore, or,
(b) Can be obtained from a relevant NRC survey, or,
(c) Can be a Jobscore points compatible formula prepared by the user, based on the user's own analysis.
Both (a) and (b) are provided for NRC surveys to which the user has subscribed.
Steps to input/access formulas:
(a) Where formulas are already available for access from within Jobscore. How do I do this?
(b) Where formulas are to be obtained from a relevant NRC survey, the steps to do this are:
(c) Where formulas are user defined. How do I do this?
This will allow all evaluations within Jobscore to be converted to a salary level in the market covered by the chosen salary survey or user-defined data.
Other features:
.
Jobscore is a registered trademark of National Remuneration Centre, Melbourne, Australia.
Copyright (C)
2008 National Remuneration Centre
