A comprehensive job evaluation system helps you ensure that your company’s pay and promotion structure reflects an equitable system. Using a job evaluation system can be especially helpful to a small business, because it helps your company manage your resources more effectively and attract the most competent employees. Evaluating jobs using a point system involves identifying key factors associated with work at your company and assigning a point value to those factors. To determine the wage rate for each job, sum up the points. When evaluating job using a point system, use the resources at the U.S. Department of Labor's website for Compliance Assistance - Fair Labor Standards Act to ensure compliance with local, state and federal regulations. Show Job Evaluation Methods
Factors
Levels
Strengths and Weaknesses
Asked by a529251091 21) When determining compensation, how is the relative worth of a job determined? * area wage rates labour market conditions the employee's relative worth job evaluation 22) What factors are used as the basis for creating a point system for job evaluation? * knowledge factors skill factors descriptive factors compensable factors 23) What is a salary survey? * a survey of wage ranges within a particular department or division a survey to ensure employees who are doing equal work receive equal salary a survey of wages paid in other relevant, comparable organizations a survey of employee salaries based on the employee's job title 24) When introducing a competency-based pay structure, what should organizations consider? * how to make the announcement to employees which competencies demonstrably affect performance how to deal with employees who do not want to increase their competencies if it's possible to link competencies to business objectives 25) What condition must exist for an incentive plan to work well? * better-than-average employee/employer relations clearly defined job descriptions and job classifications a "clear line of sight" from employee performance to organizational performance a compensation system that is designed to ensure equitable base pay rates 26) What condition must exist for an incentive plan to work well? * a compensation system that is designed to ensure equitable base pay rates a "clear line of sight" from employee performance to organizational performance clearly defined job descriptions and job classifications better-than-average employee/employer relations 27) What are the three basic performance review methods? * behavioural, judgmental, results behavioural, judgmental, attitudinal trait, behavioural, results trait, behavioural, judgmental 28) Which performance review method uses a rating scale where there is one scale for each performance dimension within a job? * results attitudinal trait behaviour 29) What appraisal method should you use if your primary objective for a performance appraisal is to give employees developmental feedback? * behavioural trait attitudinal results 30) What is one disadvantage of using result measures for performance reviews? * Its measures may be too difficult to measure accurately. Objectives may be misinterpreted by employees. Possible disputes may arise between employees and managers about the measures used. It may encourage employees to focus only on short-term objectives. Answer & Explanation Solved by verified expert Answered by gorgonia <p>ongue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac ma</p> Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet Unlock full access to Course Hero Explore over 16 million step-by-step answers from our library Subscribe to view answer pibus efficitur laoreet. Nam risus ante, dapibus a m entesque dapibus efficitur laor ec aliquet. tesque dap or nec facilisis. Pellentesque dapibus efficitur l What is a point factor job evaluation system?Point-factor based job evaluation is a quantitative form of job evaluation that uses defined factors and levels within them. Job requirements are compared to the definitions of the factor levels, with corresponding points assigned to the job based on the relevant level.
What are the compensable factors that are used in a point method job evaluation?The point method evaluates jobs by comparing compensable factors - elements of job content like skill, effort or responsibility that can be used to assess a job's value to the organization. Each factor is defined and assigned a range of points based on the factor's relative importance to the organization.
What is factor evaluation system?The Factor Evaluation System (FES) is the method most often used to assign grades to nonsuper- visory positions under the General Schedule. FES includes nine factors common to most nonsupervisory positions in General Schedule occupations.
What is the factor comparison method of job evaluation?Factor comparison is a process that human resources professionals use to evaluate and compare different job candidates. By evaluating factors such as education, experience, skills, and qualifications, human resources professionals can identify the best candidates for a given position.
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What factors are used as the basis for creating a point system for job evaluation
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