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Benchmarking
 Your Position
Charles W. Coker, PhD, SPHR
Why Benchmark a Job?
   Top performers in another company could end
    up being only average in your company.
   Are you working with “A”, “B”, or “C” teams?
   Personality Contest?
   Mastery of skills not needed for superior job
    performance could be included as requirements
    for biased people.
   Positions today require more of the
    “intangibles” for performance.
Why Benchmark a Job?
   Position is not as complex as an individual.
   Individuals have more variables than a job.
   Position can be measured more easily.
   We can define specifically how the job
    SHOULD be done.
The Power of Benchmarking
   America’s largest prepaid cell phone call center
    reduced their turnover 70% in 180 days.

                Savings: $595,000!
   Regional Lumber – Hardware distribution
    company reduced their turnover 53% in 12
    months.
                Savings: $485,000!
The Power of Benchmarking
   Improved call center productivity reducing hold
    time 65%. Reduced staffing by 15%.

              Annual Savings: $285,000!
   Improved revenues through higher performance
    of personnel by 31%.

          Increased Production: $2,912,000!
Session #1
Preparation for position Benchmarking
Benchmarking a Job
Step #1
 Define the position with a concise job
  description
   Responsibilities
   Tasks

   Education

   Abilities
Benchmarking a Job
Step #2
 Identify Stakeholders and Subject Matter
  Experts
   Review the job description
   Define the accuracy

   Make any changes appropriate
Benchmarking a Job
Step #3
 Define the Key Accountabilities
     Each SME writes 3 reasons why the job exists. (No
      tasks please!)
          Make sure it is a concise statement that defines a specific
           and measurable outcome the job must achieve.
   Categorize the reasons
   Develop a statement that covers each category
Benchmarking a Job
Step #4
 Prioritize and Quantify Key Accountabilities
  (make sure each accountability is measurable)
   Rank in order of performance necessary.
   Prioritize them from 1 – 5 with 1 as highest priority.
   These priorities should consume 80% (32 hours) of
    the work week.
   Identify how many hours per week each key
    accountability demands.
Benchmarking a Job
Step # 5
 Respond to the TriMetrix Job Report
  Questionnaire on line.
     92 Attribute questions
     24 Reward/Culture questions

     14 Behavioral questions

   Respond in this fashion: “If the job could talk,
    what would it say about itself?”
Session #2
Review of position Benchmarking
                &
     Setting the Benchmark
Setting The Benchmark
Step #1
 Multi-Respondent Job Plus Report
   Attributes
   Rewards Culture

   Behaviors
Setting The Benchmark
Step #2
 Subject Matter Experts discuss results
     Attributes
          Determine realistic score
     Rewards Culture
          Determine realistic score
     Behavior
          Determine realistic score
Setting The Benchmark
Step #3
 Finalize TriMetrix Job Report

 Determine ranges for hiring.

 Determine training needs for process
  improvement.

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How to Reduce Turnover in 180 Days

  • 2. Why Benchmark a Job?  Top performers in another company could end up being only average in your company.  Are you working with “A”, “B”, or “C” teams?  Personality Contest?  Mastery of skills not needed for superior job performance could be included as requirements for biased people.  Positions today require more of the “intangibles” for performance.
  • 3. Why Benchmark a Job?  Position is not as complex as an individual.  Individuals have more variables than a job.  Position can be measured more easily.  We can define specifically how the job SHOULD be done.
  • 4. The Power of Benchmarking  America’s largest prepaid cell phone call center reduced their turnover 70% in 180 days. Savings: $595,000!  Regional Lumber – Hardware distribution company reduced their turnover 53% in 12 months. Savings: $485,000!
  • 5. The Power of Benchmarking  Improved call center productivity reducing hold time 65%. Reduced staffing by 15%. Annual Savings: $285,000!  Improved revenues through higher performance of personnel by 31%. Increased Production: $2,912,000!
  • 6. Session #1 Preparation for position Benchmarking
  • 7. Benchmarking a Job Step #1  Define the position with a concise job description  Responsibilities  Tasks  Education  Abilities
  • 8. Benchmarking a Job Step #2  Identify Stakeholders and Subject Matter Experts  Review the job description  Define the accuracy  Make any changes appropriate
  • 9. Benchmarking a Job Step #3  Define the Key Accountabilities  Each SME writes 3 reasons why the job exists. (No tasks please!)  Make sure it is a concise statement that defines a specific and measurable outcome the job must achieve.  Categorize the reasons  Develop a statement that covers each category
  • 10. Benchmarking a Job Step #4  Prioritize and Quantify Key Accountabilities (make sure each accountability is measurable)  Rank in order of performance necessary.  Prioritize them from 1 – 5 with 1 as highest priority.  These priorities should consume 80% (32 hours) of the work week.  Identify how many hours per week each key accountability demands.
  • 11. Benchmarking a Job Step # 5  Respond to the TriMetrix Job Report Questionnaire on line.  92 Attribute questions  24 Reward/Culture questions  14 Behavioral questions  Respond in this fashion: “If the job could talk, what would it say about itself?”
  • 12. Session #2 Review of position Benchmarking & Setting the Benchmark
  • 13. Setting The Benchmark Step #1  Multi-Respondent Job Plus Report  Attributes  Rewards Culture  Behaviors
  • 14. Setting The Benchmark Step #2  Subject Matter Experts discuss results  Attributes  Determine realistic score  Rewards Culture  Determine realistic score  Behavior  Determine realistic score
  • 15. Setting The Benchmark Step #3  Finalize TriMetrix Job Report  Determine ranges for hiring.  Determine training needs for process improvement.