Job Evaluation is a method to determine the relative value of a position.
Job Matching is about identifying benchmark jobs from compensation surveys in order to assess the market price of a position.
Accurate job matching is the foundation of salary benchmarks and market comparisons. In matching an internal job to an external benchmark job of similar content is the key to accessing benchmark data from salary surveys. The benchmark data can be used to compare employees' salaries against market rates and may be included in the modelling of pay bands and in the determination of a competitive ratio of base and variable pay.
gradar combines the results from its job evaluation engine (career path + job grade) with one of gradar's more than 100 global job families and translates this into job codes from 5+ compensation surveys. With this feature we provide easy access to global reward surveys as well as selected local salary benchmark studies.
Global compensation benchmark vendors usually assemble a list of participants that consists mainly of multinational enterprises of Anglo-American origin. Local providers in contrast are often able to attract local firms to participate who are looking for a vendor that is more in touch with the peculiarities of domestic or regional salary markets.
If you are a local salary vendor please get in touch to discuss an inclusion into our translation matrix.
Please see our "how-to guides" discussing quality and suitability of salary reports:
We have based gradar's 132 global job families on an analysis of the most often used benchmark jobs from "general industry", "high-tech" and "retail" compensation surveys. This list is expanded to incorporate specific industries such as "insurance" and "retail banking".
You are welcome to sign up for our free edition of gradar and use the temporary upgrade to try our job machting feature for yourself.
Else you would be most welcome to contact us and discuss your questions during a personal web demo.