PGN HR uses predictive analytics for compensation study. Specifically, linear algebra, geometrically progressive matrix and statistical test.
Category: Compensation, General HR, Job Classification Tags: Analytics, Compensation Study, Geometric Salary Matrix, Human Capital, Human Resources, Job Classification, Linear Algebra in Human Resources, Predictive
With best practices in mind, we endeavor for pay structure designs that are 100% synonymous to the market midpoint. This is an admirable maxim, but one difficult to observe.
Category: Compensation, General HR, Job Classification Tags: Base Pay Line Policy, Compensation Study, Differentials, Hard-to-fill jobs, Midpoint, Strategic Business Issues, Wage Structuring