Job Matching for Compensation Benchmarking

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Inside This White Paper


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Job Matching Process

No matter the organization, the salary survey job matching process requires at least two items: an internal job description and an external job description. It is not advisable to match jobs based on their titles alone, as organizations can use any title of their choosing for a position.

 
Job Matching Guidelines

Job matching procedures should be implemented each time a salary survey is purchased, even in the case of a salary survey purchased from a repeat survey vendor. Additionally, determining compensation for most internal positions will help determine compensation for any related positions not available in salary surveys.

 
In Conclusion
To summarize the job matching process, you first define your organization’s jobs; then match them to salary survey data by
job title with an approximately 80% description match; and finally, factor individual employee backgrounds to adjust the market data.
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Compensation Data From SalaryExpert


We have salary information and cost of living data for thousands of job titles and locations around the world.
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About SalaryExpert


SalaryExpert, powered by ERI, was launched in 2000 with a mission to provide employers, human resource professionals, and job seekers with compensation data. Backed by over 30 years of verified and reliable salary data, SalaryExpert draws on ERI’s expertise in salary and cost of living data to provide the public with excellent tools for evaluating career, relocation, compensation, and education decisions. We want to make your compensation planning and career evaluation easier with access to salary survey data for more than 8,500 locations, 1,100 industries, and 11,300 jobs including 800 executive positions.
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Our Process


Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.

SalaryExpert conducts advanced analytics to accurately capture the market value of each occupation in our salary survey database

Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.

After compiling the data, we conduct QA to ensure data are of the highest quality.

SalaryExpert analysts double-check the results for each job every quarter.

Data Collection

Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.

Data Verification

After compiling the data, we conduct QA to ensure data is vetted, verefied, and of the highest quality.

Analysis

SalaryExpert conducts advanced analytics to accurately capture the full scope of each occupation in our salary survey database.

Quality Assurance

SalaryExpert analysts double-check the results for each job every quarter. Our verified salary survey information helps set the benchmark pay.

SalaryExpert Results

Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.