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the JESAP™ system
The executive in charge of compensation has a difficult, complex job. He or she must determine appropriate salary levels using what is often inconsistent market data and then present a sound rationale for salary changes to top executives, the board of directors and employees.
With JESAP, this job is both manageable and efficient. The following major components are key in developing a fair, consistent pay structure:
Job Analysis
The development of accurate and working position descriptions begins with the accumulation of substantial data concerning job content. Supervisors and/or employees provide extensive information about current positions to fully define the duties and responsibilities of each staff member. As the organizational nature of the company becomes more clearly defined, management reviews and considers the evaluated opportunities.
Job Rating
JESAP's systematic 15-factor rating process concentrates on a variety of areas, including the following:
- Experience
- Education
- Mental Demand
- Initiative
- Ingenuity
- Accountability
- Problem-Solving Requirements
Market Salary Data
This phase of the program involves the development of the organizations's actual compensation philosophy. The results of the job evaluation components blend with information from both internal and external sources to formulate the new compensation structure.
Comparative Compensation Analysis
Next the software matches present salary structure of the organization with the newly rated positions to establish and define the organization's current pay patterns. Then data gathered from relevant industries and geographical areas establishes a basis for comparison. The systematic comparison of the organization's current salary patterns with accumulated information identifies variances at each rating level.
Compensation Structure
Following the variance analysis the company will finalize its compensation policy and the resulting salary structure. JESAP manages an otherwise daunting task, providing for a fair, consistent pay structure.
Learn about Proven Methodology....
What is a job worth? Point and click your way to a competitive compensation structure and maximized profits for your company. Contact DB Squared today at 479.587.0151 or
for a free, no-obligation quote or to find a free seminar near you.
Overview | Consistent Pay Structure | Proven Methodology | Equitable Pay | Profit Maximization | Defensibility | Planning | Affordable Efficiency
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