Triano Brothers,an insurance firm,follows an administrative procedure for measuring the relative worth of its jobs.The organization does this by assembling and training a committee consisting of people familiar with the jobs.The committee includes a human resource specialist and,if the budget permits,an outside consultant is hired.Which of the following is exemplified in this scenario?

Question

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The scenario describes a process of job evaluation, wherein a committee is assembled to assess and measure the relative worth of jobs in the organization based on factors such as skills, knowledge, responsibility, and effort required. This process helps to establish a fair and equitable pay structure and ensure that employees are compensated appropriately based on the value of their work.

Triano Brothers,an Insurance Firm,follows an Administrative Procedure for Measuring the Relative