The merger of Yayasan Pendidikan Telkom (YPT) and Yayasan Sandhykara Putra Telkom (YSPT) become Telkom Foundation has evolved to be one of the best foundation in educational services. Telkom Foundation currently manages 44 schools, Kindergarten, Elementary, Junior, and Senior High School, Vocational School, as well as four higher education Institutions (Telkom University, Sekolah Tinggi Tekno logi Telematika Telkom (ST4), Sandhy Putra Tourism Academy Bandung & Telkom Academy Jakarta. Moreover, Telkom Foundation also manages Telkom Professional Development Center (Telkom PDC), with the total as many as 23000 students. To achieve the goal that has been design, Telkom Foundation has to support their employee with knowledge, personal character and skill that needed for its employee. Remembering that Telkom Foundation is not the only one foundation that engage in educational service, make it should compete with other foundation to provide the best educational facilities. One of aspect in human capital management that can be implemented is competency-based compensation which considering skill and competency to accommodate internal equity among its employee. In this research will design a compensation system trough job evaluation method. The analysis step of compensation system that will be proposed is by determining compensable factor to generate job value, which reflect in core competency, functional competency, managerial competency, and technical competency. The result from this research is competency based job evaluation can accommodate internal equity criteria to calculate job value with more fairness for all jobs.
Keywords: compensation system; job evaluation; competency-based