MERIT Benchmarking System FAQ's
Future Achievement International has entered into a partnership with Precision Human Development (PHD) to provide our customers the best available professional MERIT Benchmarking Services that significantly enhance the use of the MERIT Profile™. We encourage our customers to study and review the following document for it provides valuable insights and understanding in this very specialized area.
1. Concept Of Performance Benchmarking
2. Ways to Use the Technology
3. What is the Technology?
4. The Process of Benchmarking
5. About the Online Surveys
6. Compliance with Labor Standards in the U.S. and Canada
7. How Effective is This Technology?
8. What Types of Organizations Use This Technology?
9. Sample of Current Industries Served
The Process of Benchmarking
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Benchmarks are created by having existing employees in a certain position complete a short 10-minute online survey. |
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Client companies will start by identifying a performance outcome goal for the position (e.g. improve productivity/work quality; reduce “people expenses” in a position, reduce turnover, increase sales) and providing some performance information (on each employee) that is relevant to the goal. |
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A benchmark analysis proceeds with the purpose of identifying competencies linked to the desired outcome (Time: same day or up to 3-5 days). |
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Once the customized benchmark is completed, applicants can immediately begin to complete surveys and hiring managers will have instant access to 1) complete Merit Profile Reports on the candidates 2) Benchmark “Percentage of Fit” reports showing how the competency data of the applicants matched up to the benchmark(s). |
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Applicants and employees can log on to complete surveys anytime from anywhere they have access to the Internet. |
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HR managers can access position reports anytime from anywhere in the world. Benchmark reports can also be received automatically by email. |
Maximizing Employee Resources...Implementing Transformation!
Description of Performance Benchmarking
Description of MERIT Benchmarks
Benchmark Construction and Application (PDF) |