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Job Evaluation: Your 2024 Guide [+ Free Template]

AIHR

According to a European Commission report on pay transparency, “(t)he determination of the worth of a job is assessed irrespective of the qualities of the specific job holder.” The relative worth corresponds to a ranking, which then corresponds to pay scales (called wage grids).

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What is Internal Equity and How to Address It

AIHR

This includes developing and implementing fair compensation policies and practices , conducting regular pay equity analyses , and providing training to managers and employees on the importance of internal equity. Challenges of implementing internal equity Implementing internal equity can come with its own set of challenges for HR teams.

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Compensation Analyst: All You Need to Know About the Role

AIHR

A sample compensation analyst job description. Job overview. The compensation analyst is responsible for designing, implementing, and evaluating compensation programs across the organization and providing competitive compensation packages to all employees. Preparing and maintaining job classifications and salary scales.

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A Guide to Conducting a Training Needs Analysis + Free Template

AIHR

Examples: Knowledge of accounting principles and practices Knowledge of budget control policies and procedures Skills Technical or manual proficiencies are usually gained or learned through training. More importantly, it takes into account other factors like trends and changes in the economy, politics, technology, and demographics.

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What is Competency Management? Best Practices To Drive Performance (in 2023) 

AIHR

A step-by-step guide to developing a competency management process How do you ensure competency management is well-implemented? But here are some methods to consider: Action plan Complete a detailed job analysis to identify the tasks and responsibilities for each position. Competency management is a multi-step process.

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Job Analysis: An HR Practitioner’s Guide

AIHR

Job analysis provides a way for organizations to fully understand the nature of a job. It helps draft better job descriptions and develop effective training and development programs, leads to a safer work environment and more effective workforce planning, and is pivotal in performance management. What is job analysis?