Rate Card Development
Monday, March 5, 2007
The People Ticker allows users to create a Rate Card. What does this do? It allows users to compile and track common job titles, skill sets, and experience levels. Furthermore, you can follow the pay rates and bill rates that currently apply to these job profiles. Usually, rate cards are difficult to create and maintain. Challenging issues arise, such as:
1) Every Company has unique lists of Job Titles
2) Every Company has unique skill set definitions for titles
3) Every Company has some level of internal banding for each skill set
4) Data becomes obsolete quickly
The People Ticker addresses these concerns and makes rate cards easier and more accurate. It can automatically update the Rate Card when market activity results in changes to the pay and bill rate information for the user.
The goal is to define a Rate Card that is relevant to the company and responds to changes in the marketplace with minimum effort on the part of the user. Once a user has created a Job Title and associated skill sets, that Job Title may be saved to the Rate Card for future access with the click of the computer mouse. Each time a new Job Title is created, it may be added to the Rate Card. The People Ticker makes Rate Cards just that easy. So what are you waiting for?