The process of determining the relative worth of various jobs in a firm is called
A) job evaluation.
B) wage structure.
C) job analysis.
D) job specification.
E) a benefits plan.

Question

Quizplus · Accepted Answer

Job evaluation is the process of determining the relative worth of various jobs in a firm. It involves assessing the skills required, effort involved, and responsibilities of each job to assign them a value or pay grade. Wage structure refers to the way the pay is determined and distributed within a firm, whereas job analysis is the process of gathering information about a job's duties, tasks, and requirements. Job specification outlines the qualifications, skills, and experience needed for a particular job, and a benefits plan refers to the perks and incentives provided to employees in addition to their salary or wages.

The Process of Determining the Relative Worth of Various Jobs