Job levelling solutions



Similar documents
World-class technology powered by global human capital experts

Sales effectiveness and rewards

Job Family Modeling. Tools to Support Job Evaluation and Career Development October 21, Vincent Milich

Job Architecture and a Career Framework Empower Employees at Piedmont Healthcare

Career Management. Making It Work for Employees and Employers

Bayer Employee Survey 2014 Boosting innovation culture as an outcome of the Employee Survey

Global Talent Management and Rewards Study

International HR Conference 2009 Talent Management

Finding your balance Top tips for successful HR delivery in multiple countries across Europe

Solutions overview. Inspiring talent management. Solutions insight. Inspiring talent management

Perspectives. Employee voice. Releasing voice for sustainable business success

Radar Live. A new era in real-time price delivery

Towers Watson pricing software

HR Professionals Building Human Capital

What is the Career + Compensation Program?

INTEGRATE CHANGE INTO YOUR WORKFORCE STRATEGIC TALENT MANAGEMENT SOFTWARE SOLUTIONS

Talent Management Framework

UC Career Tracks Frequently Asked Questions (FAQs) General

CORPORATE LEADERSHIP COUNCIL JULY

Oracle Human Resources

The relatively recent combination of

Building an Effective. A Step by Step Guide

JOB AND PERSON SPECIFICATION

The HR Director s Talent Challenge: Research report on Motivation and Engagement of staff in Higher Education institutions

Talent Management: Benchmarks, Trends, & Best Practices

Explore the Possibilities

HR PLANNING STRATEGIC FRAMEWORK PRESENTATION BURGERS PARK - PTA 23 JANUARY 2008

Talent Management. Recruiting and Retaining Top Talent Through Technology. Talent. Every organization wants it, and every organization runs

STRATEGIC WORKFORCE PLANNING LATEST TRENDS AND LEADING PRACTICE EXAMPLES

Improving Employee Engagement to Drive Business Performance

Learning and Analytics: Business Briefing

PERFORMANCE & DEVELOPMENT PLANNING (PDP) RETURN ON INVESTMENT (ROI) ASSESSMENT

NORTH EAST SCOTLAND COLLEGE HUMAN RESOURCES STRATEGY. Version Date: 18 November 2014 Approved by: Human Resources Committee

How To Conduct A. Job Evaluation th Avenue NE, Suite 100 Redmond, WA

mysap ERP mysap ERP HUMAN CAPITAL MANAGEMENT

Close Brothers Graduate Programme

For the Public Sector. The Missing Link: Improving your organisation, by linking reward to performance. Presented by:

Career Bands, Career Levels, Functions and Disciplines

Sigmar Recruitment Salary Guide 2014 HR. Salary Guide 2014 HR

Optimizing Rewards and Employee Engagement

LLM/MSc. Environmental Policy and Governance. School of Arts and Humanities.

Identify your future leaders with Kallidus Talent

PRE-IPO/VENTURE-BACKED PAY PLANNING Getting Your Startup s Compensation House in Order By Brett Harsen, Vice President

April Human Resources Strategy

Revised Body of Knowledge And Required Professional Capabilities (RPCs)

Director Sales Operations Job Description

Understanding the links between employer branding and total reward

INTRODUCING TALEO 10. Solutions Built for the Talent Age. Powering the New Age of Talent

H4 Tackling the Challenges of Implementing Emerging HR Technologies

Services Provided. PO Box 5057 Amman 11953, Jordan Telefax: info@shareek-hr.com

A world of HR at your fingertips

Annexure A PROPOSED GENERIC STRUCTURE FOR HUMAN RESOURCE MANAGEMENT AND DEVELOPMENT COMPONENTS

Linking Business Strategy and Human Resources Management

Schindler People Strategy. Support our business. by supporting our people. Fulfill our People Strategy. Deliver our HR ambitions. Support our business

HR Enabling Strategy

OA Council Open Meeting May 26, Human Resources: Strengthening OA Employment Practices

Recruitment Process Outsourcing:

Advantage HCM for Oil and Gas An affordable workforce management solution for improved corporate performance

Talent Management Leadership in Professional Services Firms

Taking Care of Your Company s Future: 3 Best Practices for Succession Planning

Sample Career Development Roadmap

HR certification: basic course

Consulting. Strategy, Consulting, Advisory

STRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY

HR Technology Trends By Wilson Ten SandFil International Right Talents, Right Results

Extract of article published in International HR Adviser magazine The role of HR in global mobility

More than 130,000 HR professionals keep their skills current through the HRCI certifications in Human Resources.

Atos Services Supporting Document

Planning for Organisation wide change and managing it ABC* Foods Pvt Ltd. Organisation Context of ABC Foods:

CHIEF NURSE / DIRECTOR OF CLINICAL GOVERNANCE

Making HR Strategic: Integrated Human Capital Management Holds the Key

SKILLED, ENGAGED & MOTIVATED STAFF

Cathy Hasenpflug, SPHR

Information Technology Specialists, #39110 Occupational Family: Engineering and Technology Pay Band Range: 4-8. Concept of Work

COMPANY. Hewlett Packard Company INDUSTRY. Technology/Computer Hardware Cornell HR Review

Inducting New Employees Automating the Induction Process to Realise Significant Return on Investment

Our Capabilities. 3SIXTY Global, the specialist consulting company for buyers and providers of corporate travel services and expenses.

The International Institute for Business Analysis

Healthcare in the Midst of Change: Linking Engagement and HR Transformation

Defining Human Resources Moving to Strategic HR

A CFO s Guide to Creating a High Performance Organization: Workforce Management Best Practices

PEOPLESOFT HUMAN RESOURCES

Staff Classification and

Course Description (Master of Human Resource Management) MHRM

Position Descriptions include the current benchmark job description used by participants to facilitate job matching.

The Complete Talent Management Solution. End-to-end Talent Management silkroad.com Talent Acquisition Talent Development HRMS Talent Portal

Recruiting Recovery Finding Hidden Budget Dollars in Optimized Recruiting Practices

GUIDELINES ON POSITION TITLES

KPMG 2013 / 2014 HR & Reward Practices Survey. kpmg.com/ng

Human Resource Management System SPASI

Explore the Possibilities

Programme Specification and Curriculum Map for BA (Hons) Human Resource Management

Transcription:

Towers Watson Job levelling solutions Global Grading System and Career Map

Towers Watson s systematic approach to job levelling helps organisations manage the opportunities and challenges of rewards and talent programme design and delivery, including: Aligning jobs located in multiple regions or across different lines of business. Creating a framework that integrates employees after a merger, acquisition or other structural change. Driving consistency, competitiveness and efficiency among HR policies and practices. Clarifying distinctions among levels to support career development. The benefits of job levelling Job levelling is an analytical process that can determine the relative value of jobs in your organisation. It provides a foundation for rewards and talent management programmes, including: Base pay. Short- and long-term incentives. Performance management. Career management. Workforce planning. Succession planning. Learning and development. In combination, the delivery of these programmes through job levelling offers a flexible, adaptable means of communicating career paths, facilitating talent mobility and delivering competitive rewards. Job levelling also helps organisations address business needs ranging from attraction, engagement and retention of key talent, to cost and risk management, to governance of rewards programme delivery. The key benefits of job levelling for your organisation include: A rewards and career framework that aligns with business needs and strategy. A common language to describe career paths, job requirements and performance expectations. A foundation to support linkages to organisational and job-family competencies. A consistent mapping of jobs to external market data. A cost-efficient approach to talent management and rewards programme design and delivery. A mechanism to help ensure internal equity. Our research indicates that organisations that implement globally consistent job levelling are up to two and a half times as likely to report more effective talent and rewards programmes. These include performance management and pay for performance, competency models, and leadership assessment and development. Towers Watson Job levelling solutions: Global Grading System and Career Map 3

The Towers Watson approach Towers Watson offers a range of job levelling and job architecture approaches, from established methodologies to custom implementations. Its GGS and Career Map tools are not only more flexible than traditional methods, but also easy to implement, understand and manage. They can be implemented individually or in combination and are: Transparent and objective. Easy to explain and administer, with limited bureaucracy or dependency on consultants. Able to accommodate dual career paths (for example, individual contributor and managerial). Readily linked to scaled competency models. Aligned with market data. Supportive of organisational change. Culturally neutral and applicable worldwide. Supported by web-based technology. Complementing its methodologies and design capability, Towers Watson s robust communication and change management expertise, processes and tools ensure successful implementation of a rewards and career framework. Global Grading System (GGS) GGS is a job levelling tool for determining internal job levels based on an analysis of universally applicable factors that recognise differences in job size. GGS accommodates organisations of all sizes, and uses an organisation s size, complexity and geographic breadth to assess the number of levels in its grading framework. It then evaluates jobs as part of a two-step process of banding and grading. Banding places jobs in the framework based on how they contribute to your organisation, reflecting a dual career path; the grading step assesses jobs against standard factors. GGS provides opportunities for a tailored implementation within a rigorous and defensible process for job evaluation. It also ensures consistency in the development of a career framework that balances internal equity and external competitiveness. Figure 01. Rewards and career framework Supporting the employee life cycle Workforce analytics and planning Staffing and selection Development and career management Performance management Compensation and benefits Succession management Competency model Rewards and Career Architecture Job levelling A systematic process of determining the relative value of jobs in an organisation Job architecture The infrastructure for organising jobs (job codes, job titles, functions, disciplines) Inputs Business context Rewards and talent strategy Job content Employee data Market data 4 towerswatson.com

Figure 02. GGS grade map sample Role contributes (through) Band Grade Management career path Tasks 1 Skills 2 Expertise 3M 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 First line top management Top management Supervisor Leadership 4M Middle management Functional strategy 5FS Business strategy 5BS CEO 1 2 3IC 4IC 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Individual contributor career path Manual Clerical/Administrative Technician Professional Subject-Matter Expert Career Map Career Map is a predefined framework with a series of career bands and levels that increase in complexity and responsibility, representing career progression opportunities. The Career Map framework clarifies the growth in jobs from one level to another based on responsibilities, scope, impact, required skills and knowledge. The career bands, criteria, levels and language contained in the baseline framework can be customised to accommodate your specific organisational requirements, including the development of job functions and families. Each job is mapped to a career band and level. Career bands represent different roles and how those roles contribute to the organisation. Career Map is flexible: it organises jobs based on progressive levels of contribution, and presents opportunities for career pathing and targeted development. It can also enable your organisation to engage in robust workforce planning and analytics. Figure 03. Career Map sample Individual contributor role Management role Business Support Entry Intermediate Senior Lead Supervisor Production Entry Intermediate Senior Lead Management Supervisor Manager Senior Group Senior Group Manager Manager Manager Professional/Expert Entry Intermediate Career Specialist Master Expert Executive Vice Senior Vice Executive Chief Executive President President Vice President Officer Towers Watson Job levelling solutions: Global Grading System and Career Map 5

Towers Watson technology and market data Towers Watson is a world leader in strategy, design and execution of talent and rewards programmes. Now imagine that same expertise applied to the technology solutions that bring those programmes to your workforce. Talent REWARD is an integrated suite of technology-delivered modules that manage all aspects of talent and rewards programme analysis, design and administration. Our proprietary technology supports GGS, Career Map and Competency Atlas, enabling the use of scaled competencies aligned to the job levelling framework. Towers Watson Data Services (TWDS) publishes an extensive library of annual compensation reports on virtually every industry sector, covering 103 countries and linking to both GGS and Career Map. For more information, please visit talentreward.com Figure 04. Available modules of Talent REWARD Market analysis Compensation design GGS and/or Career Map Compensation planning Talent management Load employee, job and pay data Market-price jobs Create/model salary structures Model costing scenarios Automates Towers Watson levelling methodologies Accommodates job family architecture Involve managers in pay decisions Provide real-time budget control Recruiting, learning, performance management, career development and succession planning 6 towerswatson.com

About Towers Watson Towers Watson is a leading global professional services company that helps organisations improve performance through effective people, risk and financial management. With 14,000 associates around the world, we offer solutions in the areas of benefits, talent management, rewards, and risk and capital management. Towers Watson 71 High Holborn London England WC1V 6TP Towers Watson is represented in the UK by Towers Watson Limited and Towers Watson Capital Markets Limited. The information in this publication is of general interest and guidance. Action should not be taken on the basis of any article without seeking specific advice. To unsubscribe, email eu.unsubscribe@towerswatson.com with the publication name as the subject and include your name, title and company address. Copyright 2013 Towers Watson. All rights reserved. TW-EU-2013-31579. May 2013. towerswatson.com