The Importance Of The Fastcat Job

1660 Words 7 Pages
Register to read the introduction… We started off with sixteen FastCat positions of the various job families and matched them with the benchmark jobs based on the responsibilities of the job as well as the experience and competencies required to hold the position. For example, take the engineering family. For the Engineer 1 of the benchmark survey job, it is described by the following statements: “Participates in development, testing and documentation of software programs. Performs design and analysis tasks as a project team member. Typical minimum requirements are a Bachelor’s degree in a scientific field or the equivalent and up to two years of experience.” We compared that to the Usability Engineer in our own organization. Some responsibilities of the Usability Engineer are as follows: “Contributes to the development and implementation of FastCat web applications,” “work with FastCat quality assurance to ensure integrity of FastCat software; test, debug, and fix data,” and “design appropriate software testing strategies.” The position requires a B.S. degree in Computer Science or related field plus at least two years of experience. A competency required of the position is to communicate with team members, support team decisions, and work effectively as part of a team. As the numbers within the families of the benchmark …show more content…
The first market group we chose to try was all the surveyed industries provided to us by FastCat. This line fit well with our benchmark jobs being fairly close to the line on both the high and low end. The second fit we looked into was just using the data regarding Software companies, this line seemed to fit slightly better than the previous with jobs on both the high and low end of the JE scale being fairly evenly distributed above and below the line. The final fit we tried was software companies with the exception of company 15 because we found that their compensation data created a huge outlier from the average of the other companies. We decided to go with the final fit of only software companies excluding company 15 because we felt this line best reflected our views on which jobs were most …show more content…
At first when our team was benchmarking the FastCat jobs against other companies, we felt that a couple FastCat jobs were very similar. We matched two of them with the same survey job titles. The first match was Software Developer and Implementation Consultant, which were both matched with “Engineer 2”. The second match was with Administrative Assistant II and the Administrative Aide, which were both matched with “Office Support 2”. When we were entering the data into the software to create a regression analysis, we realized that we would only be able to create this analysis on fourteen jobs, instead of the sixteen that was expected. We initially decided that moving some of our matches around and entering full data for all sixteen jobs would be the proper route to take. Our R² number was not where we wanted it to be after doing this; coming in at less than .70, and this was probably because it was a bit forced and unnatural for us to change the jobs around just to get the full amount of

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