Which job evaluation method identifies compensable factors in a job as well as the degree to which each of these factors is present in the job and then calculates a value for each job?
A) Factor comparison method
B) Ranking method
C) Point method
D) Hay plan method
E) Job classification method

Question

Quizplus · Accepted Answer

The point method of job evaluation identifies the compensable factors in a job, assigns weights to them based on their importance, and then assigns points to each factor based on the degree to which it is present in the job. The total number of points for each job is then used to calculate a value or score, which is used to determine the appropriate level of compensation.

Which Job Evaluation Method Identifies Compensable Factors in a Job