Which of the following is true about the point-factor plan?

Question

Quizplus · Accepted Answer

Point-factor plans have a high level of integrity because they are based on a systematic and objective evaluation of the key factors that contribute to job value, such as skill, effort, responsibility, and working conditions. This approach ensures that jobs are ranked consistently and fairly, which can help to minimize disputes and grievances among employees. The other options are not true about point-factor plans; they do break jobs down into component parts, assign point values for various characteristics, and can be difficult for organizations to trace, analyze, and document differences among jobs.

Which of the Following Is True About the Point-Factor Plan