Patent ID: 7707052

Claim:
A computer-implemented method for monitoring employment compensation, comprising: receiving first compensation information of a first company from a first database, the first compensation information including salary information for employment positions of the first company and a first group of pay bands into which the employment positions of the first company are assigned, the pay bands of the first group of pay bands specifying a sub-range of discrete compensation levels for the employment positions assigned to the respective pay bands, wherein the first group of pay bands collectively specify a compensation continuum of employment positions of the first company; receiving second compensation information associated with a second company from a second database, the second company being different from the first company, wherein the second compensation information includes salary information for employment positions at the second company and a second group of pay bands into which the employment positions of the second company are assigned, the pay bands of the second group of pay bands specifying a sub-range of discrete compensation levels for the employment positions assigned to the respective pay bands, wherein the second group of pay bands collectively specify a compensation continuum of employment positions of the second company; receiving, by a computer, a selection of a first employment position of the first company, and in response to the selected first employment position, determining, using a processor, at least one second employment position of the second company matching the first employment position; presenting, in a graphical user interface (GUI), a graphical representation illustrating a difference in compensation by comparing a first pay band of the first group of pay bands to which the first employment position is assigned with a second pay band of the second group of pay bands to which the at least one second employment position is assigned; and calculating, by the computer, a first percent difference between a first maximum compensation value of the first pay band and a second maximum compensation value of the second pay band, and a second percentage difference between a first minimum compensation value of the first pay band and a second minimum compensation value of the second pay band.