Measuring the Human Factor
The process for determining salary/wages is a very complex exercise. Both the organization and the employees share an intense concern in this matter. For the employees, pay is the base for their economic standard of living and for their self-worth. For the organization, pay constitutes one of its major costs and corporate productivity may be directly linked to its rationality and fairness.
The jMetrics System Software has been designed for the purpose of:
- Reducing the complexity of salary/wage determination and administration;
- Eliminating human error in the compilation, computation and generation of compensation data;
- Increasing the flexibility of model building, macro- as well as micro-analysis of costs, and of relations of:
- Job content to job worth
- Job worth to job pay
- Job worth to job gender composition
- Job worth to organizational sub-groups (e.g. professional / administrative / technical / union / etc);
- Increasing the simplicity, speed and accuracy of maintenance and report generation; and
- Allowing accessibility and use both for the professional consultant and, most important, for management (the software package assumes no computer literacy or statistical literacy in the computation and generation of reports).
- Increasing the simplicity, speed and accuracy of maintenance and report generation; and
- Allowing accessibility and use both for the professional consultant and, most important, for management (the software package assumes no computer literacy or statistical literacy in the computation and generation of reports).
What can jMetrics do for you
The jMetrics Software package is designed to function as a support instrument for the benefit of the compensation consultant and the in-house compensation manager. Its purpose is to facilitate the development and maintenance of a corporate wide employee maintenance and job evaluation database. It produces cost analysis and a variety of statistical and compensation reports necessary for the development and maintenance of an objective and defensible salary/wage administration system used for establishing and maintaining:
