Totally Automated, Low Cost, Combined Point Factor and Marketing Pricing System HR Innovations Catalogue Executive Summary A No Frills Distillation of Vendor’s Marketing Collateral Thomas A Ference President & CEO Human Resources Mining & Distribution Co Locating, Validating and Accelerating HR Innovation Office: Cell: Fax: Website:

Totally Automated, Combined Point Factor and Marketing Pricing System Many employers went to market pricing model (external competitiveness only) due to cost and effort associated with paper based, consultant- driven point factor (internal equity) models This Point-Factor driven system is built around 15 compensable factors Jobs are rated using the factor degrees which creates a job hierarchy for potential adjustment by Job Evaluation Committee Multiple regression analysis is used to determine the internal dollar value of each point and position with visual tools for assessing pay equity from a gender, ethnic and age standpoint. Incorporates employer’s external salary survey data by position to ensure both internal equity and external competitiveness side-by-side Pay grades are established using the system and are also visually portrayed. Delivered within an easily-integrated web-based software as a service (SaaS) The current regulatory environment is calling for more internal job evaluation and salary administration rigor This system has withstood any and all regulatory scrutiny to date.

System Features Automated job description writer A growing preloaded library of 1,100 job descriptions Job rating system tied to the employer’s own job descriptions so as to establish internal equity Default rating baseline with integrated collaborative rating and “sore-thumbing” features Live database to maintain market data Integrated inputs to establish salary ranges that are internally equitable and externally competitive Salary grade modeling A number of different outputs that analyze your pay practices Calculation of minimum, midpoint, maximum, compa-ratio and more

Process Orientation Internal Equity + External Competitiveness Combined

Rating Evaluation Chart

Salary Survey Comparisons

Current Pay vs. Pay Grade Ranges

Scatter Graph of Actual Pay

Auto Determination of Pay Grades and Ranges

Next Steps This product/service is contained in the HR Specialty Products & Services Catalogue™ Operational level details about this particular service provider can be obtained in conference with the vendor The HR Mining &Distribution Co. is an independent and contracted representative of the vendor Upon your request, we will arrange for an introduction that can range from a simple, quick conference call to a services overview / system demo Tom Ference (Chicagoland area) or Thank you for your potential interest in this fresh thinking