Hybrids created by layoffs
Layoffs required survivors to pick up responsibilities left over by laid off workers. Over time productivity has greatly improved and these hybrid jobs seem to be working out well. As companies start hiring again, they are looking for candidates that have hybrid skill sets.
Hybrids created by new business models
Companies are reconfiguring jobs. These new hybrids combine radically different skill sets that are found in more than one job family. Their complexity is causing Compensation professionals to scramble in order to find appropriate ways to compensate them.
Impact on compensation
How do Compensation professionals benchmark these new hybrids? Are today’s surveys relevant? Each of these jobs is truly unique, and the ability to find market data is weak. HR will be forced to develop more evidence-based and company customized techniques for building/managing pay plans. Market surveys will no longer be Compensation’s Bible!