In PeopleSoft Workforce Analytics, a benchmark job is a job code for which there is corresponding salary survey data from published, third-party sources.
a market job, or external job, to which an actual employee's job is matched for pay comparison
A standard job used to make pay comparisons, either within the organization or to comparable jobs outside the organization, to develop or validate a job-worth hierarchy. Pay data for these jobs are readily available in purchased surveys.
A position that is used to compare pay data across a defined group of market competitors. A benchmark job should be recognized as relatively indicative of the market pay for a variety of jobs within an institution and should be one that exists and is identifiable in competitive institutions.
A job selected as representative of a range of jobs against which the other jobs can be assessed.
A job that is commonly found and defined, used to make pay comparisons, either within the organization or to comparable jobs outside the organization. Pay data for these jobs are readily available in published surveys.
A job selected as being representative of a particular level or type of work within UWB for the purpose of job evaluation.
Job found in many organizations and performed by several individuals who have similar duties that are relatively stable and require similar KSAs.