Which process would a firm use to determine the overall value of a job?
A) job analysis
B) job ranking
C) job comparison
D) job evaluation

Question

Quizplus · Accepted Answer

Job evaluation is the process of determining the relative worth of a job within an organization. Through job evaluation, a firm can determine the overall value of a job in terms of its contribution to the organization, the level of responsibility involved, the skills and knowledge required, and other factors. This information can be used to establish fair and consistent pay structures and to ensure that employees are compensated appropriately for their work. Job analysis involves a detailed examination of the tasks, duties, and responsibilities associated with a particular job, while job ranking and job comparison are methods for establishing the relative value of different jobs within an organization. However, neither of these methods provides a comprehensive assessment of the overall value of a job.

Which Process Would a Firm Use to Determine the Overall