Job evaluation

Let’s face it, your employees are your company’s most valuable asset. But, they are also your biggest expense—an expense, moreover, that actually has a direct impact on your company’s top line. In fact, there’s a good chance that salaries and benefits alone account for between 35 and 40 percent of your total operating expenses. In short, your employees hold the success or failure of your company in their hands.
Which is why the way you evaluate your employees is critical. It's the cornerstone in the personnel management of your company. You might even say that it's the only instrument available to ensure integration of internal fairness and external competitiveness. A well-deigned, carefully implemented job evaluation system is not only a basic tool for driving changes in your company’s reward structures and
achieving equal pay for work of equal value, it also defines the value of a job within your company of industry. Every industry and company has a specific business and people strategy, cultural differences that require specific needs. For this reason, it is essential that the job-evaluation is individually tailored to each and every company. Don’t let anybody tell you that there such thing as a single, universal job-evaluation system. It just isn’t true.

If this is your situation:

• You need a refined evaluation system that includes people's competences.
• You need a evaluation process that can be easily be monitored and adjusted quickly when needed.
• Your company is complex enough to require a number of job evaluation systems that target different groups and objectives.
• You want to develop a job classification procedure that is not a self-contained process but is wholly integrated into the HR value chain—recruitment, salary management, performance management, development and career management).
• You need a new evaluation system that allows you to manage people development and ensure that appropriate skills are developed.

How PwC can help you

At PricewaterhouseCoopers (PwC) we can help you develop and implement all, or part, of a job-evaluation system designed to meet the specific needs of your company. Our experienced professionals know how to listen, and they know what questions to ask so that they get the right answers. We can then help you to create the processes and the tools you will need, and, if needed, train your staff in their use. Or, if you would prefer, we can undertake the entire process for you: writing job descriptions, designing or selecting a job-evaluation method, and implementing the chosen method—either PricewaterhouseCoopers’ own IFA or STRATA method, or a 100% customised system, or a system based on a combination of existing methods (already gathered in a database or customised methods). We can also negotiate with the unions in your company; create an effective communications plan, and hold information sessions for your employees; deploy new job classifications, benchmark your salary structure, and implement and maintain the complete procedure, from beginning to end. At PwC our aim is to make your job as easy and effective as possible. Let us show you how.