Which job evaluation method identifies a job's various compensable factors for which the organization is willing to provide compensation?
A) Job ranking
B) Classification system
C) Point system
D) Job analysis
E) Comparable worth

Question

Quizplus · Accepted Answer

The Point system is a job evaluation method that identifies a job's various compensable factors, which are assigned a point value based on their relative importance to the organization. The points are then totaled to determine the job's overall worth and its corresponding salary range. This method enables the organization to provide compensation for the specific factors that are deemed important for the job, rather than relying solely on subjective rankings or predetermined classifications.

Which Job Evaluation Method Identifies a Job's Various Compensable Factors