Hay Group Guide Chart-Profile Method of Job Evaluation

It might be a merger or acquisition, new organisation design or rationalisation, changing roles or the need to implement a pay structure which complies with the principles of equal pay for work of equal value. Regardless of the reason, all organisations need a sound and straightforward method to measure and value work on an on-going basis, one that enables an organisation to make sound judgments about internal relativities and enables comparisons with external organisations too. Hay Group is a global, independent management consultancy with an exclusive focus on people. Working from 72 offices in 37 countries, our expertise draws from over 60 years of rigorous, research driven work and proven methodologies. We build commitment by understanding what motivates people to succeed, designing and implementing reward programmes that result in an engaged and motivated workforce. What is it? Hay Groups Guide Chart-Profile Method is the most widely used and recognised proprietary job evaluation method in the world. This widespread use reflects the many advantages of the method: The process combines a sound conceptual basis and robustness which has enabled it to stand the test of time, with inherent flexibility allowing it to respond to any changes in the organisation and individual roles. It can be applied to any kind of job at any level. Therefore, it can be used top to bottom throughout an organisation important with todays moves towards integrated employment conditions and the breaking down of barrier between traditional job groupings. Being an analytical method with nondiscriminatory factors, it can be used to support the achievement of equal pay for work of equal value, and is supported by a comprehensive Equal Value Code of Practice. Because it makes no organisational assumptions, it can be used in any organisational context. It is supported by Hay Groups comprehensive global compensation and benefits database that uses common job sizes as the basis of comparison. Therefore, provides the unique capability, in a single process, of accessing comprehensive external market data providing valid and rigorous pay market comparisons. The concepts of step difference and job shape (profile) built into the methodology means that it provides insights into organisation and job design and underpins other key people processes, including career development and succession planning.

What is involved? The method is based on the interaction and relationship, in any role, of the following three factors, Know-How, Problem Solving and Accountability: Input KnowHow Processing Problem Solving Output Accountability

Why is it important? Organisations will benefit from Ranked and defined jobs. Optimal organisation structure. Clarification of job relativity. Job-based pay ranges. Rational grading structures. Effective salary administration. Comparability with external prices. Effective use of reward investment.

Any job or role, in whatever organisational context, exists to provide some contribution or output to the organisation in which it works its Accountability. Why Hay Group? We have around 50 consultants in the UK who specialise in reward consulting, supported by an information division with the largest database of compensation and benefits practice in the world. We have over 2,000 clients in the UK, including two thirds of the FTSE-100 and most large public sector organisations.

Achievement of the Accountability demands an input of knowledge, skills and experience the Know-How.

To turn the Know-How into results, it must be used or processed to solve the problems which arise in the job the Problem Solving.

To refine and make for more focused evaluation, each factor is considered in terms of either two or three facets. Know-How Technical and procedural knowledge/ skills. Planning, organising and managerial skills. Human relations skills. Thinking environment. Thinking challenge. Freedom to act. Magnitude the scale of events on which the job has its main impact. Impact the directness of impact on the chosen magnitude.

Further Information To find out more about how Hay Group can work with you, please contact your usual consultant or: Geoff Nethersell geoff_nethersell@haygroup.com Julie Alderdice Julie_Alderdice@haygroup.com Alternatively, please visit our website at www.haygroup.co.uk 01753 841 234 0121 770 9080

Problem Solving

Accountability