Remuneration structure: Advanced options

Use the drop-list to select the point type to be used to define the structure.

 

 

 

Where Hay points values (either directly from the Hay system, or converted from another system) are used, these values are converted to indicative MHR Market Index Values in the backgrouund in order to extrapolate the remuneration values for each Band. While the resulting Band structure will display the entered "Hay" values for ease of reference, these values are not used to extract the market data.

 

The resulting remuneration structure should be considered as indicative only, as any conversion of values from one job evaluation system to another cannot be considered 100 percent accurate.

 

The use of Job evaluation results from other systems is offered solely as a service for users who may be using other systems, and may be used solely at the user's own risk. MHR Global accepts no liability for the accuracy of any job evaluation values derived from systems other than the MHR JE Leader system.

Use the drop-list to select the remuneration measure to be used for creating the remuneration structure.

 

The default selection is Total Remuneration.

Use the drop-list to select the market position (point in the range) at which data wil be extracted.

 

The default value is "Median" representing the middle of the range.

Enter a percentage value to age market data or to offset the remuneration structure above or below the selected market position.

 

Typically this would be used to age data by applying an index value to increase remuneration values without fully realigning data to new market data.

 

For example:

 

The entered value defines the default range from the Midpoint Remuneration value at which the Minimum and Maximum remuneration values are calculated.

 

The default value of 10 results in a remuneration band which runs from 90.0 percent to 110.0 percent, with a midpoint at 100.0 percent.