Job evaluation is a method to determine the relative value of a position whereas job matching is the art of identifying benchmark jobs from compensation surveys in order to assess the market price of a position.
Accurate job matching is the foundation of salary benchmarks and market comparisons. Matching an internal job to an external benchmark job of similar content is the key to accessing benchmark data from salary surveys. The benchmark data can be used to compare employees' salaries against market rates and may be included in the modelling of pay bands and in the determination of a competitive ratio of base and variable pay.
gradar automatically translates the results from the job grading process into job matches from 5+ compensation surveys as well as collective labor agreements.