LOS ANGELES--(BUSINESS WIRE)--Feb. 15, 2017--
Ferry (NYSE:KFY), the preeminent global people and organizational
advisory firm, today announced the launch of Executive
Snapshot, an innovative new tool that brings work measurement and
pay data into the firm’s world-leading Search offering. The new
enhancement is one of the first integrated tools stemming from Korn
Ferry’s combination with Hay Group.
The new tool incorporates more than 70 years of Korn Ferry Hay Group’s
job grading, job description and salary benchmarking methodologies into
each Korn Ferry Search engagement. Along with Korn Ferry’s Four
Dimensional Executive Assessment, it will help organizations not only
ensure they are choosing the right candidate, but also offering a
competitive reward package based on the role’s unique level and
requirements to ensure they attract and retain the best talent.
For each Search engagement, the Executive Snapshot report pulls salary
data from Korn Ferry Hay Group’s PayNet – the world’s most comprehensive
pay database that contains current reward data for more than 20 million
employees in more than 110 counties, across 25,000 organizations.
Additionally, the report provides job grading for each role using Hay
Group’s job benchmarking methodology, which is the world’s most
comprehensive and widely used job evaluation process.
“Big data and science are disrupting everything including who should be
placed in the corner office,” said Michael Distefano, Senior VP & Chief
Marketing Officer, President, Korn Ferry Institute. “Last year we added
a cutting-edge assessment to our search process and now we are thrilled
to offer compensation and job measurement data. Executive Snapshot
provides rich insight into the real-time compensation landscape and
level of candidate required for each role. Now our clients can look at
different levels and compensation requirements as they ultimately
determine the person best for the role.”
About Korn Ferry
Korn Ferry is the preeminent global people and organizational advisory
firm. We help leaders, organizations, and societies succeed by releasing
the full power and potential of people. Our nearly 7,000 colleagues
deliver services through our Executive Search, Hay Group and Futurestep
divisions. Visit kornferry.com
for more information.
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Source: Korn Ferry