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Most Statistically Accurate and Reliable, On- Line Job Pricing Engine for 1000+ Jobs HR Innovations Catalogue Executive Summary A No Frills Distillation of Vendor’s Marketing Collateral Thomas A Ference President & CEO Human Resources Mining & Distribution Co Locating, Validating and Accelerating HR Innovation Office: 219-662-0201 Cell: 630-240-2583 Fax: 219-661-0236 e-mail: email@example.com@hrmdco.com Website: www.hrmdco.comwww.hrmdco.com
Most Statiscally Accurate and Reliable, On- Line Job Pricing Engine for 1000+ Jobs Typical market pricing data sets from consultancies and other on line vendors are “squishy” in that they are based on many variations of convenience samples, aged upgrades, purchased surveys, hybrids of employer and job seeker derived data, etc. and then must be further interpolated and/or extrapolated to fill in the gaps This on-line market pricing engine uses proprietary and patented job pricing algorithms developed by experienced labor economists and top tier statisticians. Algorithms are applied to 100’s of millions data points coming from national databases to derive the job pricing information Engine has data for 90% of the occupations in the workforce, and has robust coverage of administrative, transportation, warehousing, manufacturing, sales, educational, support for engineering and IT, etc. Has real data on 560 metro and non-metro area vs. traditional “metro area only” approach that requires application of area adjustments factors
Most Statiscally Accurate and Reliable, On- Line Job Pricing Engine for 1000+ Jobs Uses an O*NET standards-based (O*NET is the new Gold Standard) of 900 basic occupations with 2400+ levels vs. typical 400 occupations and 1050 levels from major consultancies Can be used to price a single job or an entire job family at a very reasonable cost to the employer Occupations are included in data set only if there are at least 25 or more respondents for that occ in a region from within the past 12 months and the data is dynamically adjusted each week as data flows in and out RAND Corp statisticians describe this pricing engine as being “the only completely statistically defensible method of job pricing in the industry” In use by over 200 of the F500 corporations
Sample/Partial Input Screen
Single Job Level Pricing
Multiple Job Level Pricing
Next Steps This product/service is contained in the HR Specialty Products & Services Catalogue™ Operational level details about this particular service provider can be obtained in conference with the vendor The HR Mining &Distribution Co. is an independent and contracted representative of the vendor Upon your request, we will arrange for an introduction that can range from a simple, quick conference call to a services overview / system demo Tom Ference 219-662-0201 (Chicagoland area) or firstname.lastname@example.org Thank you for your potential interest in this fresh thinking
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