Compensation Data Prediction

A method of predicting compensation data includes obtaining compensation data, associated with a job category, with at least one datum being associated with each of a plurality of characteristics associated with the job category, determining values of factors, associated with respective ones of the...

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Bibliographische Detailangaben
Hauptverfasser: COLEMAN WILLIAM H, PLUNKETT GREGORY K, LINN ANDREW L, ZHANG YONG, FORTIER KEITH E
Format: Patent
Sprache:eng
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Zusammenfassung:A method of predicting compensation data includes obtaining compensation data, associated with a job category, with at least one datum being associated with each of a plurality of characteristics associated with the job category, determining values of factors, associated with respective ones of the characteristics, and a base value that when used as operands of a function yield estimates of the obtained data such that relationships between the estimates and corresponding obtained compensation data satisfy at least one criterion, and using a portion of the values of factors and the base value by a computer to automatically obtain estimates of compensation data.