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Prosper Consulting, LLC

  • Services
    • HR & Compensation Consulting
    • Career & Pay Negotiation Coaching
    • Workshop & Speaking Topics
  • About
  • Community
  • Careers
  • Contact
  • Resources
    • Blog
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    • Career Resources
    • Connect on Social Media
    • Free Pay Data
    • In The Media
    • Salary Surveys for Employers
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Building the Foundation: Job Architecture

February 7, 2024 Denise Liebetrau

What should be included in a Job Architecture project?

1 – written and approved compensation philosophy

2 - updated job descriptions

3 – career level definitions and assignment of career levels to jobs (internal equity categories)

4 – standard job titles defined and assigned to jobs

5 – assignment of job families and subfamilies to jobs

6 – market pricing of jobs based on your compensation philosophy – ideally matches are documented in a compensation software tool and not an Excel spreadsheet

7 - pay grade structures – includes base salary ranges, variable pay targets for bonus and commissions, and long-term incentive targets

8 – geographic differential analysis with differential percentages assigned to each work location

9 – compensation guidelines – aka written policies, procedures, and processes to ensure consistency and standardization of pay related decisions

10 - compensation training for people managers

11 – updates to your HR system so you aren’t maintaining these decisions in an Excel file

What is missing from this list?

#pay #compensation #rewards #payequity #paytransparency #paygrades #hr #humanresources #equity #LTI #variablepay #bonus #commissions #salarysurvey #marketpricing #jobarchitecture

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