System and method for collecting and analyzing competitive rewards data
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Abstract
The invention concerns a system and method for implementing and/or administering a competitive rewards database. Member data is received from at least one member computer via a data feed. The (raw) member data is automatically mapped and incorporated into the competitive rewards database. A data capture tool, preferably coupled to a data network, is operable to adjust the mapping of member data. A rewards workbench, preferably coupled to a data network, is generally operable to query the competitive rewards database.
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Citations
46 Claims
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1-16. -16. (Cancelled).
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17. A competitive rewards database system comprising:
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a) a competitive rewards database operative to receive raw competitive rewards data comprising competitive rewards data for employees of an entity and competitive rewards data from a plurality of sources other than the entity;
b) data mapping table for automatically mapping the raw competitive rewards data prior to incorporation into the competitive rewards database by mapping the raw competitive rewards data to benchmarks comprising job function, discipline or scope;
c) a computer system, coupled to the competitive rewards database via a data communications channel, operative to provide the competitive rewards data for employees of the entity to the competitive rewards database on behalf of the entity; and
e) a rewards workbench operable to query the competitive rewards database in support of analysis of the mapped competitive rewards data. - View Dependent Claims (18, 19, 20, 21, 22)
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23. A method for administering a competitive rewards database comprising:
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a) receiving raw competitive rewards data comprising competitive rewards data for employees of an entity and competitive rewards data from a plurality of sources other than the entity;
b) automatically mapping the raw competitive rewards data for incorporation into the competitive rewards database by mapping the raw competitive rewards data to benchmarks comprising job function, discipline, or scope;
c) incorporating the mapped competitive rewards data into the records of the competitive rewards database; and
d) analyzing the mapped competitive rewards data by performing a competitive rewards analysis for one or more of the employees of the entity. - View Dependent Claims (24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36)
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37. A method for managing competitive rewards data for an entity, comprising:
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obtaining the raw competitive rewards data for incorporation in a database, the raw competitive rewards data comprising competitive rewards data for employees of the entity and competitive rewards data from a plurality of sources other than entity;
using a data mapping table to automatically map the raw competitive rewards data for incorporation into the database by mapping the raw competitive rewards data to a plurality of employment-related benchmarks;
storing the mapped competitive rewards data in a plurality of records of the database;
completing an analysis of the mapped competitive rewards data for one or more of the employees of the entity based on a selected one of the benchmarks; and
generating a report presenting results of the analysis. - View Dependent Claims (38, 39, 40, 41, 42, 43, 44, 45, 46)
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Specification