A human resource manager of a company decides to change the current job-content valuation technique by using a quantitative methodology.He thinks that the old approach fails to balance internal and external considerations while evaluating jobs.Which type of job evaluation technique do you suggest for this HR manager?
A)job-content evaluation
B)market-based evaluation
C)point method
D)simple ranking plan

Question

Quizplus · Accepted Answer

The point method is a quantitative job evaluation technique that considers both internal and external factors. It assigns weights to various job factors, such as skill, effort, responsibility, and working conditions, and calculates a total point value for each job. This helps ensure that job valuations are based on objective criteria rather than subjective judgments. Market-based evaluation (B) only considers external factors and may not reflect the actual value of the job to the organization. Simple ranking plan (D) is a subjective method that orders jobs based on their perceived importance without considering specific job factors. Job-content evaluation (A) is a vague term and does not refer to a specific job evaluation technique.

A Human Resource Manager of a Company Decides to Change