Using Job Evaluation in Your Organization

Business impact

Job evaluation is a critical step in the development of a formal compensation program. It can have a significant impact on a business and the cost of labor, so investment in this process is important.

Key benefits of job content evaluations include:

• Internal consistency
• Organizational alignment
• Control of labor costs
• Fairness and equity
• Job worth hierarchy
• Market competitiveness

When external market data is appropriately applied to a fair and equitable job evaluation hierarchy, the result is a market competitive program.