David Meredith

Title: The Innovative Mind of David Meredith

Introduction

David Meredith is a notable inventor based in El Sobrante, California. He has made significant contributions to the field of compensation systems through his innovative patent. His work focuses on creating methods that enhance the accuracy of market-based compensation for various job roles.

Latest Patents

David holds a patent for a "Market Pay System," which is a method and system for obtaining and using observed market rates in estimating suitable market-based compensation for one or more jobs. This patent addresses the challenge of accurately reflecting market rates for jobs, even when specific combinations of job family and job category are not represented in existing data. The system assigns each observed market rate to a job family and a combination of job category and job level of responsibility. By combining median and average market rates in a novel way, David's invention produces job family factors and C/L factors that enhance compensation accuracy.

Career Highlights

David Meredith is currently associated with Compensate.com LLC, where he applies his expertise in compensation systems. His innovative approach has positioned him as a valuable asset in the field. With a focus on improving compensation methodologies, David continues to make strides in his career.

Collaborations

David collaborates with talented individuals such as David Beck and Alexander V Dukhovny. Their combined efforts contribute to the advancement of compensation systems and enhance the overall effectiveness of their projects.

Conclusion

David Meredith's contributions to the field of compensation through his innovative patent demonstrate his commitment to improving market-based compensation systems. His work not only reflects his ingenuity but also has the potential to impact how compensation is approached in various industries.