The Benchmarking Process
We begin by gathering information to determine the scope of the main responsibilities, specific duties, decision-making autonomy, and reporting lines of each position. Then, we analyze the positions against existing positions so that it aligns and fits within the University Pay Plan.
|
We compare positions to market data based on 1) industry (e.g., higher education, public sector); 2) institution size, and; 3) geography (e.g., local, regional or national). |
Once we determine the appropriate scope for the position, we rely on salary survey
sources to identify other similar positions in the market. A market position must
match at least 70% of the responsibilities of a 食色视频 position
to be considered a match. A position with a direct market comparison is called a benchmark
position. |
We match benchmark positions to the median market salary. This is how pay grades are assigned to positions. The 鈥渕arket rate鈥 that 食色视频 staff positions are benchmarked at is market median / 50th percentile. That market rate is then compared to 食色视频's salary structure and the position is then placed at the appropriate pay grade. (E.g., If a market median salary for a position is $58,000, that position is assigned to pay grade E06.)
If there is not a direct benchmark for a position, the position is then compared against
a current benchmark position and slotted within the salary structure.
|
Completing a Position Evaluation Form (PEF)
- Discuss this request with your leadership and Human Resources Business Partner to assess and understand the purpose and the significance of the new levels of responsibility.
- Provide detailed information for the need for this role.
- Document the responsibilities using this packet (this will become the official position
description).
- Attach a copy of the organization chart indicating the position(s) being evaluate
- Conduct an internal comparison of positions to identify positions of a similar nat
- Identify comparable positions in the external market to the one being reviewed.
- Obtain the required approvals prior to submission to the HR Business Partner.
- If available, provide an industry salary survey or industry-specific resources for
salary reviews.
- Include the word version of the new/updated position description with approved submission.
- Once all steps are complete, the HR Business Partner forwards the evaluation form
to the Human Resources Classification & Compensation Representative for review and
evaluation. Allow up to ten (10) business days for review and completion.
New Position Request
Reclassification Request
|
|