Brightfield TDX

Taxonomy & Rate Optimization

Establish a new and streamlined taxonomy for your unified workforce, fully aligned to the needs of your business.

challengesProcessbenefits

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

Brightfield TDX for Unified Workforce Taxonomy helps you overcome these issues with minimal manual effort. It uses advanced artificial intelligence to benchmark your current taxonomy against $400 billion of annual labor market transactional data.

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

Other Brightfield TDX Products:

Other Brightfield TDX Products:

Seeing is believing

Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDXperts.

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