I’m curious as to what approach you use when marketing pricing a hybrid job.
By hybrid I mean a job that is not able to be market priced with one job match from a salary survey. Instead, the hybrid job is a combination of 2 – 3 jobs. For instance:
The hybrid job title is “Data & Chat Support Rep.”
· 40% of their time is spent as a Data Entry Clerk I: $37,000
· 60% of their time is spent as a Chat Support Rep I: $42,000
Approach #1 = Do you calculate a weighted average of the market numbers ($40K)?
OR
Approach #2 = Do you choose the highest market number ($42K) and assume you need to pay that to attract/retain the right person?
Please share your Approach 1 or 2 in the comments below.
#marketpricing #compensation #pay #hr #humanresources #rewards #jobevaluation #salarysurveys #hybridjobs