Caorunn's job factor framework provides a series of measurable dimensions that can be used to specify role requirements, and evaluate personal acheivements. The framework scores are tailored to reflect the key success indicators within your company, market and industry. However your tailored factors can be compared with the baseline factors to allow realistic compensation comparisons across sectors, functions, and grades; allowing you to structure your compensation package both attractively and appropriately to ensure you attract, develop and retain the talent with the skills needed to sustain and develop your business.

The baseline factors are categorised by

• Knowledge and qualifications
• Supervisory oversight
• Experience and judgement
• Complexity and innovation
• Reach and responsibility
• Communication and colloboration
• Environmental

Through analysis of existing jobs and consultation with management, employees and other stakeholders, a systematic method for classifying performance in each dimension is agreed. These categorys are then applied to job roles to develop individal role competency maps. Employee's skills, knowledge and behaviours are evaluated using the job factor framework. A holistic approach of providing training to remedy any identified deficiencies between role requirements and employee achievements; and rewarding or promoting employees who exceed their role requirements delivers the greatest return on the investment required to introduce competency based roles.

To learn more about how Caorunn can help you manage your talent, please contact our resourcing and organisational development practice to arrange an initial consultation.