Robust methodology for fair remuneration

Free whitepaper provides key insights into job evaluation from an expert in the field

BY Jodi Walters 13 Oct 2022

Wage bills are one of the biggest expenses a company has, so it makes sense to ensure your remuneration policy is robust and efficient. Job evaluation provides a framework to enable consistency, as well as flexibility when remunerating or recruiting staff. In this free whitepaper published by HRD in partnership with Strategic Pay, you’ll discover key insights from a leading player in the field.

Download the full FREE whitepaper now: Why job evaluation is your company’s business

Strategic Pay applies the SP10 methodology to job evaluation. The method applies scores from 10 factors to a range of measurable aspects of a role.

The 10 factors:

Education
Experience
Complexity
Scope
Problem solving
Freedom to act
Impact / results of decisions
Interpersonal skills
Authorities
People Management

Key best practices for setting up job evaluation

Having two people trained in job evaluation promotes fairness and transparency.
Organisations must have a solid system for creating meaningful job descriptions that focus. on the requirements of the role.
A clear organisational structure ensures that internal consistencies are maintained.
Organisations should consider asking the role holder or line manager to answer a methodology-specific questionnaire.

There is a level of comfort to be gained when as an organisation you know you are making the best use of your wage budget and that attraction and retention are not being left to chance.