Patent ID: 6338042
Filing Date: 2002-01-08
Classification: G06Q

Abstract:
A computer-implemented method for automating compensation decisions, the computer-implemented method comprising:obtaining indications of performance for a group of individuals, the individuals being associated with a common role, wherein the indications of performance are arranged to quantify the performance of the individuals with respect to the common role; obtaining distribution data, the distribution data being relevant to the common role; producing relative rankings for the group of individuals based at least in part upon the indications of performance, wherein producing the relative rankings includes analyzing the indications of performance; identifying a reference point in the relative rankings, the reference point being approximately a median ranking in the relative rankings, wherein the reference point is arranged to facilitate a comparison between the relative rankings and the distribution data; determining a suggested level of compensation for each individual in the group of individuals based on the comparison of the relative rankings to the distribution data; and generating a display, the display including a representation of the suggested level of compensation for each individual in the group of individuals.