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Competitive rewards benchmarking system and method

  • US 6,741,993 B1
  • Filed: 08/29/2000
  • Issued: 05/25/2004
  • Est. Priority Date: 08/29/2000
  • Status: Expired due to Fees
First Claim
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1. A method for administering a competitive rewards database comprising:

  • a) receiving member data from one of a plurality of member computers via a data feed, wherein the member computers are associated with members of a plurality of different organizations and the member data comprises compensation data for the corresponding member organization;

    b) automatically mapping the member data for incorporation into the competitive rewards database by mapping at least selected segments of the member data into corresponding fields of records for the competitive rewards database; and

    c) incorporating the member data into the records of the competitive rewards database, whereby the competitive rewards database maintains member data for the plurality of member organizations, whereby one of the member computers can access on behalf of the corresponding member organization only a subset of the competitive rewards data maintained in the database, the subset comprising the member organization'"'"'s compensation data and compiled competitive rewards data derived from a compilation of the competitive rewards data obtained from the other member organizations.

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