Employers shy away from complex pay reviews
With gloomy forecasts about the state of the British economy, employers reluctant to bring in expensive consultants to carry out complex pay and benefits reviews are now being offered a cost effective alternative.
Croner Reward, part of Wolters Kluwer UK, has launched a new online job evaluation tool, giving 24-hour access to accurate and trusted advice.
It means employers and HR professionals can check that existing gradings for job types are appropriate, and help them benchmark evaluated roles and salaries against the outside market.
The tool is directly linked to Croner Reward’s market pay benchmarking database, and covers all job ranks. In addition to ’sizing’ existing roles it can help in the recruitment of new staff by assisting in setting out responsibilities and appropriate salary levels.
Andrew Walker, business director at Croner Reward, said: “Our clients have advised us that often they don’t want to commit to long and expensive consultant-led job evaluation projects. What employers and HR professionals wish for is access to a simple, effective and trusted tool advising them on whether their current job gradings and salaries are accurate and in line with market forces.
“Our online tool is accessible 24 hours a day, seven days a week. And because it’s linked to Croner Reward’s extensive pay benchmarking database, employers can be sure the information they receive on salaries and benefits is the most up-to-date available,” he added.
For more information on Croner Reward’s online evaluation tool, including an online demonstration visit www.onlinejobevaluation.co.uk or call 01785 813566.