These two approaches are both job leveling frameworks that can be used independently or can also work together in tandem. Job evaluation uses a codified approach to assign points to a role based on its relative worth in an organization which in turn can be aligned to a salary structure. Examples include Hay Grades or... Continue Reading →
The debate around the use of thresholds is perennial and it's fair to say that it's one of the areas of sales comp where common practice varies a fair amount. The argument in favor of a threshold goes something like this - "why would I pay a salesperson to underachieve? We'll create a minimum level... Continue Reading →
As I touched on recently, there are all manner of approaches to managing base pay but I wanted to write a bit about the differences between these two common approaches. Global grading Global grading (also known as globally leveled, or sometimes just a "broad-banded" salary structure) generally refers to the approach where a single set... Continue Reading →
Job matching is at the heart of successful compensation assessments and one of the most repeated mantras here is "match the role not the person". All too often when going through the job matching process or when viewing matches, I hear something like "well the job is a level 3 but the team really isn't... Continue Reading →