Which of the following is true of the point factor method of job evaluation?
A) In this method, descriptions of each class of jobs are written and then each job is put into a grade according to the class it best matches.
B) It is a complex quantitative method that combines the ranking and classification methods.
C) It looks at compensable factors in a group of similar jobs and assigns weights to them.
D) It is a simple system that places jobs in order, from highest to lowest, by their value to the organization.

Question

Quizplus · Accepted Answer

The point factor method of job evaluation uses compensable factors to evaluate jobs and assigns weights to them. These factors may include skills, education, experience, responsibility, working conditions, and other relevant factors. Based on the degree to which each job possesses these factors, a point value is assigned, and jobs are ranked accordingly. This is a more complex method than the simple ranking method, but it provides more objective and accurate results. Option A describes the classification method, Option B is incorrect, and Option D describes the simple ranking method.

Which of the Following Is True of the Point Factor