What is a competency based job classification model?
A competency model is a human resource tool that outlines for employees the particular combination of knowledge, skills, and characteristics needed to effectively perform a role in an organization. These competencies are observable and can be objectively measured through defined behaviors. They provide narrative descriptions of standards and summarize job competencies that have broad application to many types of jobs. Competency models help define career strategies for employees by providing different levels through which employees can potentially move as they gain additional skills and knowledge that clearly meet a business need. Such models aid management in employee selection, training and development, evaluation, compensation, and succession planning.