What is a Job Benchmark?
A Job Benchmark is an objective, easy-to-understand process for benchmarking any position within an organization. It also provides a straight forward method for comparing a person or group of people to that benchmark.
Start by Benchmarking a job and then you can look at what, how and why an individually can contribute to the job. This time-tested and proven system is guaranteed to find the best candidates for any position. It is more than just a selection tool; it's very effective for developing, and most importantly, retaining your valuable employees.
Why consider conducting a Job Benchmark?
Today, business success is measured in TALENT - the RIGHT talent for the job! Lack of job performance and related employee turnover result in missed business opportunities and increased costs. Eventually this lowers the value a of a company's stock. It makes business sense that managers are now seeking better ways to accurately assess, develop, and retain top talent.
If the job could talk, it would explain precisely what was necessary to achieve superior performance. We could ask it to tell us about the:
But we all know that jobs can't talk. If they did, we would certainly hear the real story.
What is the recommended approach for conducting a Job Benchmark?
What are the deliverables from a Job Benchmark?
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