Job Evaluation, Classification, and Compensation Services

Korn Ferry Hay Group Ltd. has exclusive ownership for training organizations and individuals on the Hay Method of job evaluation. No other individual or consulting firm may offer this service. Korn Ferry Hay Group Ltd. also has exclusive rights for developing benchmark positions using the Hay Method of job evaluation. While others may evaluate EX jobs within the Canadian Federal Public Service, they may not evaluate jobs for which benchmarks have not been developed by Hay. As OSFI has its own classification standard (RE and REX) and is not consistent with any of the classifications within the federal government, we must work with Korn Ferry Hay Group Ltd. to develop new benchmark positions. OSFI has a stated compensation position of the 75th Percentile within the banking and insurance industry. Competitive market data must be obtained from the Hay Pay Net Database, drilling down to the financial industry and from other proprietary Hay compensation databases. Due to the uniqueness of OSFI positions, it is essential to be able to obtain this data based on assigned Hay Points.