Chapter 8 Job Evaluation - PowerPoint PPT Presentation

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Chapter 8 Job Evaluation

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Determine relative worth of jobs to ensure fair and ... Combining job worth and market data. Job Requirements and Pay. Reasons for a job evaluation program ... – PowerPoint PPT presentation

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Title: Chapter 8 Job Evaluation


1
Chapter 8 Job Evaluation
  • Determine relative worth of jobs to ensure fair
    and equitable pay treatment for all employees

2
Phases of the pay setting process
  • Identifying a hierarchy of job worth
  • Investigating the marketplace
  • Combining job worth and market data

3
Job Requirements and Pay
  • Reasons for a job evaluation program
  • Rational process
  • Internal and external equity
  • Progression ladder
  • Performance adjustments

4
Job Evaluation Issues
  • Deciding which system should be used
  • How can we be sure pay is legal
  • Types in Govt Point factor, grading, ranking,
    factor comparison
  • Selecting benchmarks and arranging them in an
    array

5
Position classification
  • Class Standards
  • Broad banding
  • Grade assignments ( mixed between levels)

6
Market Pricing
  • Narratives to describe jobs- getting exact is
    difficult
  • Pay Survey errors
  • Supply and demand problems within the organization

7
Market Pricing Guide Line Method
  • 5 difference between mid-points
  • Adjusting benchmarks by scope differences

8
Maturity Curve
  • Based on length of experience in job/since degree
  • Competency based system

9
Compensable Factors
  • Skill
  • Effort
  • Responsibility
  • Working Conditions
  • Knowledge
  • Know How
  • Working Conditions

10
Making distinctions between jobs
  • Organizational specific skills
  • Profile statements- outlining the degree of
    competency required for various jobs
  • Weighting factors
  • Point factors
  • Benges Factor Comparison-wage rate scale for
    each universal factor

11
Other Job Evaluation Methods
  • Hay- Know How, Problem Solving and Accountability
  • PAQ- factors, requirements, benchmarks,
    questionnaires and use of multiple regression

12
Job Evaluation and Comparable Worth
  • Market pricing
  • Develop a job worth hierarchy

13
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