“Job Benchmarking” is a process used to evaluate and define the key characteristics and requirements of a particular job role within an organization. This involves assessing the job’s responsibilities, necessary skills, experience levels, and performance expectations. The goal is to create a clear and standardized profile that helps with recruitment, performance management, and career development.
For example, if a company is looking to hire a new project manager, job benchmarking might involve analyzing similar roles within the industry, assessing the required competencies, and defining the benchmarks for performance. This ensures that the new hire meets the organization’s needs and aligns with industry standards.
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