Why overpay and/or underpay for your jobs if you don’t have to. A job evaluation (a.k.a. job pricing analysis) is the process of analyzing a job’s characteristics and market information to assign a pay grade and salary range (from the organization’s base pay structure) to a job. This process involves reviewing all factors about a job including but not limited to:
- Job Description
- Market Salary Information
- Recruiting Landscape
- Organizational Budget
- Internal Equity
- And More…
Either as part of a complete compensation study or as a stand-alone project, Richardson Compensation Consulting, LLC can evaluate your jobs and recommend the most appropriate pay grade and salary range for your jobs. This process also includes a costing analysis to determine the total cost to the organization to implement the job evaluation recommendations.
