With over 60% of a typical organisation’s costs directly associated with its Human Resources, effective management of Compensation is critical. As socio-economic pressures increase and the availability of talented applicants for positions reduces, the demand for increased salaries will also increase. It will prove critical for organisations to establish defensible compensation rates for each position.
Factor based Job Evaluation has proven to be the most effective means to deriving a value for each position. With over 20 years experience in the field of Job Evaluation, Compensation Management, Performance Management and Competency Assessment, Pilat can offer expert guidance. We also offer a leading range of Job Evalution, Compensation Management, Performance Management, and Talent Management software applications.