Which is the systematic way of determining the value and worth of a person in relation to other person in an Organisation?
Job evaluation is a systematic way of determining the value / worth a job in relation to other jobs in an organization. It tries to make systematic comparison between jobs to assess their relative worth for the purpose of establishing a rational pay structure. Show This requires the preparation of job descriptions and also an analysis of jobs need for successful
performance. A job evaluation is a systematic way of determining the relative value/worthof a job in relation to other jobs in an organization with the purpose ofestablishing a rational pay structure.Classifying jobs:— The relative worth of various jobs in an organization may be foundout after arranging jobs in order of importance using criteria such asskill requirements, experience needed, under which conditions job isperformed, type of responsibilities to be shouldered, degree ofsupervision needed, the amount of stress caused by the job, etc.Job Evaluation MethodsJob evaluation methods may be grouped according to the extentto which they use quantitative approaches. Job Evaluation MethodsRanking:Jobs are compared to each other based on the overall worth of thejob to the organization. The 'worth' of a job is usually based on judgementsof skill, effort (physical and mental), responsibility (supervisory and fiscal),and working conditions.AdvantagesDisadvantagesSimpleJudgements tend to be subjective.Very effective whenthere are relativelyfew jobs to beevaluated (less than30).Difficult to administer with large number of jobs.Since there is no standard used for comparison,new jobs have to be compared with the existingjobs to determine its appropriate rank. In essence,the ranking process would have to be repeatedeach time a new job is added to the organization.Only provides a relative, not absolute, measure ofa job’s worth.Job Evaluation Methods The matrix below shows and example of how an organization might rankjobs.Column JobsSeniorAdministrativeSecretaryData-EntryOperatorData-ProcessingDirectorFileClerkSystemsAnalystProgrammerTotalRow JobsSeniorAdministrativeSecretary—XXX3Data-EntryOperator—X1Data-ProcessingDirectorXX—XXX5File Clerk—0SystemsAnalystXXX—X4ProgrammerXX—2An X is placed in the cell where the value of a row job is higher than that of acolumn job.Job Evaluation MethodsGrading/Classification:Jobs are classified into an existing grade/categorystructure or hierarchy. Each level in the structure has a description andassociated job titles. Each job is assigned to the grade/category whichprovides the closest match. The classification of a position is decided bycomparing the whole job with the appropriate job grading standard. The standards do not attempt to describe all aspects of each job, but insteadseek to describe key characteristics which are significant for distinguishingdifferent levels.AdvantagesDisadvantagesSimpleClassification judgments aresubjective.The grade/category structureexists independent of the jobs.Therefore, new jobs can beclassified more easily than theRanking Method. Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 77 pages? Upload your study docs or become a Course Hero member to access this document Is the set of systematic procedures to determine the relative worth of jobs within the organization?Job evaluation is the systematic process of determining the relative value of different jobs in an organization. The goal of job evaluation is to compare jobs with each other in order to create a pay structure that is fair, equitable, and consistent for everyone.
Is a systematic and orderly process of measuring the worth of a job in relation to other jobs?"Job evaluation is a systematic and orderly process of determining the worth of a job in relation to other jobs."
What are the 4 methods of job evaluation?Four primary methods of job evaluations used to set compensation levels are point factor, factor comparison, job ranking and job classification.
What are the 5 types of job evaluation methods?5 Actionable Job Evaluation Methods. Ranking Method.. Classification/Grading Method.. Point-Factor Method.. Factor Comparison Method.. Competitive Market Analysis Method.. |