Over time, workforce taxonomies become less effective due to poor standardization, completeness, quality and relevance. This often results in:
Poor rate compliance
Supplier complaints
Inconsistent application of job level
Multiple versions of the same job title used
Poor cost visibility
Market rates largely informed by suppliers
Managers circumventing sourcing processes
Poor digital talent attraction and retention
Taxonomy does not reflect the skills currently needed
What is our approach to solving these issues?
The Unified Workforce Taxonomy analytics and advisory process:
Evaluate
Step 1
- Capture current taxonomy structure
- Review existing job role classifications and leveling
- Evaluate taxonomy management policies and procedures
Recommend
Step 2
- Analyze duplication and redundancy within the data set
- Compare assignment rates to market rate data
- Provide recommendations for optimization
Implement
Step 3
- Work with you to establish a new streamlined workforce taxonomy, fully aligned to the needs of your business
How your organization benefits
Positioning of the organization as an employer of choice
Clear and coherent view of current job titles and descriptions
Harmonization of pay rates between all talent categories
Support for pay parity initiatives
Reduction of reputational risk
Improved talent acquisition and retention
Alignment of pay rates to skills
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
