Each factor is classified according to the points awarded and the weight of their impact on the value of the job in the organisation. The steps are in sequence from the start of the process, except for one step that is out of sequence. Thank you! Develop a measuring scale for each factor (Scaling the Factors) so that the extent to which each factor is present in a job can be quantified. The ranking is done in the order of importance of each job. The ranking is allotted as per departmental level, means as per the importance of the job. Termination on No-Show after Maternity Leave, Re-booting your career after a sabbatical, Managing office romance when it turns stale. f�@L��f������6���(}��3c�Ә��[�,�91� b�l�bƆ���j��xʧY-����u�B�x�x�Z�M���O��҅_30�nv�B� This is done to ensure that the evaluation committee members will each apply the factors with consistency. This is important because for each cluster of jobs some factors are bound to be more important than others. While many variations of these methods exist in practice, the three basic approaches are described here. The number of degrees usually does not exceed five or six and the actual number depends mostly on judgment. The job evaluation analyst begins by identifying compensable factors which are common across the... Assigning Points. One of the advantages of this method is that it allows mitigating the importance given to job titles and promotions. ... Weighting. In this method, the overall job is compared with the other set of jobs and then is given a rank on the basis of its content and complexity in performing it. Rate the Jobs: Once the manual is complete the actual evaluations can begin. These different but related steps may now be briefly reviewed: 1. The Hay Guide Charts® are proprietary instruments that yield consistent and legally defensible work evaluations. application of the plan to nonbenchmark jobs . Point method of job evaluation is widely used in business organisations. 3. Each job based on its job description and job specification is evaluated factor by factor to determine the number of point that should be assigned to it. The point Method of job evaluation. Point–Factor Method. The method is flexible as there is no upper limit on the rating of a factor. The following list gives some of the steps in the point system method of job evaluation. 2. Thus, if all employees either work in a quiet, air conditioned office or in a noisy hot factory then two degrees would probably suffice for the factor working condition. Point Method. The sum total to these points allotted to various job factors is the worth of the job. 0000001971 00000 n Selecting a job evaluation method. Assume that options (a), (b), (c), and (d) below represent degree 1, 2, 3, and 4, respectively, for the formal education factor on your summary rating chart for the point method of job evaluation. D: The process to be taken for job evaluation, according to the Indian Institute of professional management are as follows: 1. Under this method of job evaluation, jobs are broke down based on various identifiable factors such as skill, effort, training, knowledge, hazards, responsibilities and so on. Hay Group’s job evaluation approach,in fact,is the world’s 2. Four basic methods have traditionally been used: ranking, classification, factor comparison, and point-rating. The lowest degree here would carry about 41 points. Identify key job characteristics (Compensable Factors) that differentiate the value of various jobs. The job factors are separated into groups (i.e., skill, responsibility, effort) and assigned a numerical or weighted point value. 4. Job Ranking: Job ranking is the simplest method. It requires identifying several compensable factors (like skills and responsibility) each with several degrees and also the degree to which each of these factors is present in the job. Determining the type of a job: The jobs range from top senior position to watchman level. It is a process which is helpful even for framing compensation plans by the personnel manager. Here are steps: Determine Clusters of jobs to be evaluated: because jobs vary widely by department, you usually will not use one point rating plan for all jobs in the organization. Thereafter, points are allocated to each of these factors. Exit Formalities : When your employer is not ready to relieve you from your services! Human resources managers evaluate jobs at companies to help place them into the organization chart, determine the qualifications needed to fill those jobs, assign titles, and help set appropriate benefits and compensation levels. Job Evaluation: Point Method Tips. ‘factor comparison’ job evaluation method and in the early 1950s consolidated the method into the Korn Ferry Hay Group Guide Charts (Bellak, 1984). Finally, fifth and highest degree would carry 204 points. startxref Factor comparison is systematic and scientific method designed to carry out job evaluation which instead of ranking job as a whole, ranks according to a series of factors. Point Rating System requires six steps and is usually implemented by a job evaluation committee or by an individual analyst. – Thought Paper, Change in market dynamics of oil – RIL new refinery, The Five Pillars of the reorganization System, Alterations of Articles and Limitations Thereto. 0000004331 00000 n By matt3210 | Updated: Nov. 2, 2017, 2:23 a.m. Loading... Slideshow Movie. STEP 2: INPUT JOB INFORMATION. These methods are discussed in the next section. Points Rating System. Now assign points to each factor as in Table. Install the Programme 5. Factors Use well defined factors. This is also known as job analysis and its findings are what goes into a job description. It is an analytical and quantitative method which determines the relative worth of a job on the basis of points alloted to each specific factor of a job. Under this method, each job is given a rank. Chapter 8: Evaluating Jobs: The Point Method of Job Evaluation TRUE/FALSE 1. Define factor degrees: Next define each of several degrees for each factor so that raters may judge the amount or degree of a factor existing in a job. How to build a team after all your employees leave? Steps involved in point method: 1. Job ranking . Education. AS with all job evaluation approaches, the 0000004138 00000 n This simply consolidates the factor and degree definitions and point into one convenient manual. Analyse and Prepare Job Description 2. 2. 3. The sum of points … When Does Job Evaluation and Classification Occur? >j����/��wK%�6ŇBuC���(.�����z�,�u���u=뺘��eI�)A��-��lY�s,-��(7�Tz�#�(ׂ%w�,�g��ԑ��:H�ъrY\|�^�(� �g��^G� o�����+�f��)o��uФ:l�R텋JE:����N�TF�~�t���,�I;����rXJ�{:ܒY��fo��~��rG��Hm�����]Z_��>�U��9߯�b��PD����1O����W8�����U�V�zu9�6����D�V�x�Q����������1d��9"!���4L9��!��6���x �&n�׫���:� Then the committee will generally develop a point plan for one group or cluster at a time. You need not have the same number of degrees for each factor and you should limit degree to the number necessary to distinguish among jobs. The ranking method is the simplest method of job evaluation, where each job as a whole is compared with; other i.e., “the whole job” is compared rather than compensable factors. 0000001602 00000 n Define compensable factors 5. 0000011685 00000 n The computer-assisted job evaluation method is worthwhile as it helps to ensure greater consistency. 0000006716 00000 n A list beginning with the most important job and ending with the least important is then prepared. In order to increase the reliability of ranking, this exercise is undertaken twice or thrice b… This level is performed by a committee of experts named as raters. Factor comparison . Hay Job Evaluation: Foundations H ay Group pioneered the “factor comparison”job evaluation method and modified it in its Guide Charts in the early 1950s. Job evaluation is a process of determining the relative worth of a job. What happens when an Open-Door meeting goes wrong? A different number of points are usually assigned for each degree of each factor. The use of limited number of factors (usually five) ensures less chances of overlapping and over-weighting of factors. The final job evaluation method is the point method, which measures performance through scales and job factors rather than focusing on entire job functions and ranking employees against each other. Point method . The third degree would carry 123 points. The usual process followed in this method is as under: 1. Presentation on: “ Use of Point Method in Job Evaluation” Presented to: Prof. Ratnaparkhi Presented by: Rajeev Gupta(PGM07060582) Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 0000001696 00000 n Next sum up the total percentage (in this case 100% + 85% + 60% = 245%). STEP 1: Define the jobs STEP 2: Select a job evaluation method The process of defining a job is called job analysis. 101 22 One way to create a point system for evaluating jobs is to assign a numerical scale to determine the value of the job. This simply consolidates the factor and degree definitions and point into one convenient manual. There are primarily three methods of job evaluation: (1) ranking, (2) classification, (3) Factor comparison method or Point method. endstream endobj 102 0 obj<> endobj 104 0 obj<>/XObject<>/ProcSet[/PDF/Text/ImageB]>>/LastModified(D:20050831104217-04'00')>> endobj 105 0 obj<> endobj 106 0 obj<> endobj 107 0 obj<> endobj 108 0 obj<> endobj 109 0 obj<> endobj 110 0 obj<>stream These are systematic... 3. They rate the rest of the jobs in the cluster. Although the point method allows an organiza tion to develop one job evaluation scheme for all jobs in the organization, this is rarely done for severa l pragmatic reasons. Write the job evaluation … Points so allocated to various factors of a job are then summed. Each job is treated as a whole in determining its Method of Job Evaluation – 4 Main Methods (With Comparison) The four major methods of job evaluation are listed below: 1. Point-factor method. The information obtained in job analysis is recorded in the precise language of a job description. Factor comparison steps. The four methods available are ranking, classification, factor comparison, and point method to choose in utilizing the aspects to assist in job evaluation. Giving ranks to each job under each formulated factor in an independent fashion. _abc cc embed Point-factor based job evaluation is a quantitative form of job evaluation that uses defined factors and levels within them. 5. STEPS IN THE POINT METHOD STEP 1: SELECT THE JOB CLUSTER AND THE JOBS TO BE EVALUATED. THE STEP (CONT’) 7. The “point method” job evaluation approach provides the framework for a quantification of each job’s relative importance for the company (internal job value); this quantification will then provide the basis for the calculation of a theoretical salary range. Training 3. Need Identification II. Various types of jobs are performed by employees in an organization. Evaluate key jobs first if known or evaluate all jobs if key jobs are not known 9. 0000001884 00000 n How to turn around Late-Reporting to office? Write the job evaluation manual: Developing a point like this usually culminates in a point manual or job evaluation manual. The human management and senior management team incorporates one the methods that is geared to managing the evaluation … For example suppose it is decided to use a total number of 500 points the point plan. A. determine compensable factors B. determine levels of factors C. develop the point manual D. allocate points to sub factors E. Point Method Job Evaluation Example Compensable Factors. xref A key advantage of the point method is its high degree of precision in measuring jobs. SHARE THE AWESOMENESS. Ranking method. 2. This... 2. The point method is widely used. THE POINT METHOD - JOB EVALUATION SYSTEM FIVE STEPS 1. Ranking Method: This is the simplest and an inexpensive job evaluation method, wherein the jobs are ranked from he highest to the lowest on the basis of their importance in the organization. The four major methods of job evaluations are: job ranking, job classification, factor comparison and the point method. Whether formal job evaluation began with the United States Civil Service Commission in 1871 or with Frederick W. Taylor So once you determine the degree to which each factor is present in the job, you need only add up the corresponding number of points for each factor and arrive at an overall point value for the job. The Korn Ferry Hay Group Guide Charts are proprietary instruments that yield consistent and legally defensible evaluations of the content of jobs. Under this system, the job raters simply rank one job against another without assigning point values. ANS: F PTS: 1 REF: 297 OBJ: 1 2. Biases Examine the Factor points for inherent biases against females and... Grouping. Input job information 3. Selection of factors: A factor is the differentiating feature of a job. The points for individual factors are added up to get a point value for the whole job. This is the same as in other methods of job evaluation. Selecting key jobs across the company, arund 20-25 jobs. �2 .26 … It involves identifying several compensable factors in a job and giving a numerical score on each of these factors. Delays in hiring: When your dream offer takes ages to reach you ! There are several job evaluation methods from which to select. 0000003159 00000 n JOBEVALUATIONHISTORY 13 BASICMETHODSINUSE page13 TheRankingMethod 14 TheClassificationMethod 14 TheFactorComparisonMethod 15 ThePointSystem 16 ESSENTIALSOFAJOB EVALUATIONSYSTEM page19 EstabHshingPolicies 20 SelectingthePlan 20 ChoosingtheFactors 21 DeterminingDegreesandPoints 22 JobDescription 24 TheActualJob-EvaluationProcess. On a high level, the steps for this approach are as follows: Jobs are listed; Evaluation factors are defined; Scoring degrees on these factors are determined ; Per job, points are allocated for each factor; A wage structure is defined The first two are quantitative and the latter two are non-quantitative. A more detailed description on these methods of job evaluation is … Skill. x�b```"yV�$1``a`b��@�d^��T�@^5�D���E�f�jOM��-�i�h��I����/�:uJ�r���M�zf斬������O/_?���UH'��ϩz)7�d�/```RK`e`cP`qa`2``d`0 c4 ,�� @i%�'��0�]� ����7#3�W�Z~6)�n�@�j6��m�`�r� H31�� ���@��c�����siv ���"�c�d ����c� frհU�e�� � �p;B Steps in Job Evaluation: The job evaluation process follows the following four steps – gathering the data; selecting compensable factors; evaluating a job; and assigning pay to the job. Each factor is classified according to the points awarded and the weight of their impact on the value of the job in the organisation. The accurate information will get every time as this scheme is based on algorithms which offer consistent results only. In this Job Evaluation method, jobs are arranged in descending order of significance by taking the help of job description and job specification. What happens when HR makes you declare fake experience in writing. Sign up for free. E: The main steps in the process of job evaluation are as follows: I. There are primarily three methods of job evaluation: (1) ranking, (2) classification, (3) Factor comparison method or Point method. Select jobs to be evaluated 2. This method is a combination of both ranking and point methods in the sense that it rates jobs by comparing them and makes analysis by breaking jobs into compensable factors. In the ranking method of job evaluation, a whole job is compared with others and rank is provided on the basis of this comparison. Physical effort. Job evaluation manual become more effective if “Job description” and Job specification can be redrafted in terms of factors identified for each cluster. �Ġ���+�D`���h0�77R��&���Uh[8��D���Q��r�B��P�)T�\��i�[��Ѫ�u[�Y;N�^.�ilf{���c��^/�w�����>i����ą�U�{NjM�8 %PDF-1.5 %���� Then, the jobs with similar total of points are placed in similar pay grades. 3. This method works by identifying key job factors and then assigning points based on importance. 0000001787 00000 n This method ranks jobs in order based on each job’s perceived value in relation to the others, says Neelman. H��V]o�6}ׯ��R�fxI^~ E���C��0��8ʪ¶2[[�=��P�Į3"�"�= Determine relative values of factors: The next step is to decide how much weigh (or how many total points) to assign to each factor. 0 On the basis of job analysis, each member of the job evaluation committee ranks each job independently either against the benchmark job or against all other jobs. 4. H��Vˎ�8��+x� k�͇9�n����[,��2q0������j=Ʋe)�`.Đ.U��y��P�U>4�͛ۻ��_����8ER3�2C��N)�kOɫOo�����Z��ۜ�� �Y�? Especially in larger organizations, job evaluation and classification is a moving target. Rate the Jobs: Once the manual is complete the actual evaluations can begin. <<25114cd766e05649b479d3418f1e1e96>]>> Then assign a value of the next highest factor as a percentage of its importance to the first factor, and so forth For example. CHAPTER 8 EVALUATING JOBS: THE POINT METHOD OF JOB EVALUATION Using the Point Method to Design A Job Evaluation System The method is mainly used due to its precision and consistency and it allows jobs to be clustered in pay grades and helps to establish internal equity. 1. Maintain the Programme. Adjusting salary structure 2. Select compensable factors: Here select compensable factors, like problem solving, physical requirements or skills. 5. AS with all job evaluation approaches, the 0000010532 00000 n Select and Prepare a Job Evaluation Plan 3. Question: Question 6 (1 Point) The Point System Of Job Evaluation Requires Steps To Implement Six Oь Oc Eight Ten D Two Оe Four Question 7 (1 Point) When Relative Pay Is Too Low, Employees Cannot Meet Their Physiological And Security Needs. Factors of factor comparison. Assign points to degrees within factors or subfactors 8. The last step in the point method of job evaluation is the _____. Attrition : Is there any solution to it ? Here is one method for doing this: First assign a value of 100% to the highest ranking factor. Job evaluation as a process is advantageous to a company in many ways: Job Classification or Grading Method. Advantages of Job Evaluation #1. 5 Steps of Job Evaluation using Point Method. 0000005467 00000 n Software. The committee members carefully study factor and degree definitions and then determine the relative value of the factors for the cluster of jobs under consideration. The fourth degree would carry 164 points. There are five steps in developing a job evaluation system using point method that are: 1. August 23, 2010 Sree Rama Rao Human Resource Management. There are a number of ways to approach job evaluation, but there are four primary methods that all HR professionals should know. STEP 2: Select a job evaluation method The process of defining a job is called job analysis. The point method is widely used. 0000007907 00000 n 0000001104 00000 n 3. This system is usually used to evaluate white collar, professional and managerial positions. May work well for smaller companies. Presentation on: “ Use of Point Method in Job Evaluation” Presented to: Prof. Ratnaparkhi Presented by: Rajeev Gupta(PGM07060582) Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. A committee of six individuals were selected to be trained in the point-factor job evaluation method. Methods of Job Evaluation – With Advantages and Disadvantages: Ranking, Job Classification, Factor Comparison and Point Method. The analyst divides each factor to be used into levels and defines and assigns points to each. Does not consider market compensation rates. The importance of each job is generally decided by a committee consisting of persons familiar with all the jobs. 2. No points or weights are used. THE STEPS There are 9 steps to do point method : 1. Using the point factor method of job evaluation, jobs are placed in accordance to specific factors which include: hazards, knowledge, training, responsibility, and skills. Do this for each factor. The process of determining the relative values or weights that should be assigned to each of the factors is generally done by the evaluation committee. The steps for implementing the point method of job evaluation are summarized in Exhibit 8.13. Method # 1. The second degree would carry 41 plus, 41 or 82 points. STEP 2: INPUT JOB INFORMATION. There are a number of job evaluation methods to choose from. There are several job evaluation methods from which to select. 0000004239 00000 n Determine critical factors — The points rating method includes the following job factors for allocation of points: Safety of other; Equipment of materials; Assisting trainees; Production or service quality. The following list gives some of the steps in the point system method of job evaluation. (����Jpl��}��ʿ�^Yu�[��W��� ��6�{�!jq�h�������ַ��v;)��5��s!h"@d^ǔ���B"w-�.��S�f����x:� Weights are given to factors depending on their importance to perform the job. Job evaluation is a systematic process that determines the relative worth of jobs within an organization. Thus, for executives the mental requirements factor would carry far more weight than would physical requirements. In 1990, the job evaluation study of administrators in the Des ate all jobs simultaneously, rather than limiting evaluation to only key jobs. To follow all the steps for the job evaluation process with each candidate it becomes very hectic at times. Each cluster of jobs may require its own compensable factors. 0000000016 00000 n In the ____ method of job evaluation, a series of well-described classes covers the range of jobs in an organization, and a job description is compared to the class descriptions to decide which class is the best fit for that job. The steps for implementing the point method of job evaluation are summarized in Exhibit 8.13. True Ofice Question 8 (1 Point) The Following List Gives Some Of The Steps In The Point System Method Of Job Evaluation. Job requirements are compared to the definitions of the factor levels, with corresponding points assigned to the job based on the relevant level. Because the factor decision making had a weight of 40.8% it would be assigned a total pf 40.8 x 500 = 204 points. 0000009322 00000 n ���\��Jhx�:\�:��Q?�M��f۴��'|n�7�n�x�k��G�1�w��pգ���E�A�uS���@��)fӗa�� �X���&�$�]&���uє���_b4�"��ׇ�Dzn&����^. Methods The next step in the job evaluation process is to select or design a method of evaluating jobs. How to survive when your role is soon to be eliminated ? The “point method” of job evaluation is a quantitative method, and when compared to other methods, it is most widely used in one form or the other. Methods of Job Evaluation Job-evaluation methods are of two categories:- a) Analytical Methods Point Ranking Methods Factor Comparison Method b) Non-analytical Methods Ranking Method Job-grading Method Non-analytical Methods Ranking and job-classification methods come under this category because they make no use of detailed job factors. 3. 3. Select the compensable factors 4. This is the simplest method of job evaluation. Perhaps the simplest method of job evaluation is the ranking method. ��)�f��۶�^�8����H1լRz�);'���#��4�5? Each involves different... 2. Define factor degrees 6. classification. School District to conduct the job evaluation study. Thus, it was decide to assign 204 points to the decision making factor. endstream endobj 111 0 obj<>stream Outlining the job. Determine total points in plan and weight compensable factors 8. The importance of each job should be determined with reference to the factors such as skill, experience, working conditions etc… The point method of job evaluation contains the following four steps: identify compensable factors; scale the factors; weight the factors; and decide on what to pay. Examples • a dog pound attendant was rated more highly than a child care worker • zookeeper rated more highly than day care worker Point Method of Job Evaluation Advantages of using the point method 1. Selecting corresponding evaluation parameters for each of the selcted jobs. Thus, for the factor complexity you might choose to have six degrees ranging from seldom confronts new problems through uses independent judgment (Definitions for each degree are shown in Figure). 1. 0000000736 00000 n This method enjoys the following merits: 1. Assign point values to factors and degrees: In , total weights were developed for each factor in percentage terms. Classify Jobs 4. For example divide 204v by the number of degrees, (say 5) this equals 40.8. The opposite might be true of factory jobs. STEPS IN THE POINT METHOD STEP 1: SELECT THE JOB CLUSTER AND THE JOBS TO BE EVALUATED. 51. Therefore the first step is usually to cluster jobs, for example into shop jobs clerical jobs, sales jobs, and so forth. 1. 103 0 obj<>stream Gathering job analysis data: Firstly, information must be collected through a method of job analysis. After ranking, the jobs should be grouped to determine the appropriate salary levels. This is the same as in other methods of job evaluation. Then convert this 245% to a 100% system as follows: Decision making: 100 ÷ 245 = 40.82 = 40.8%, Problem solving: 85 ÷ 245 = 34.69 = 34.7%. Define Compensable factors: next, carefully define each compensable factor. ik�ˣ20�Y�@��`:L�3���኏~p��j=�[�Z����nAK�r��`D�Eף���:�[4��� "B"l�I�!�-1��:�B��_�g�� �T�:���N�u{�|l&��6�l3�N��*�J�f�ųˣ\1%j���G.ߨ�ut���rl�P@ F�ނIZߜm�Hܣ�i�^m�jv3����其+���jnOf�z���� ��)��&g=���r.�st}#��LS2�h�����Єo��r"�s�i�b��kvm�,�����n�Z�'� ��� job evaluation method also serves as the basis for many other important human capital applications, such as clarifying organization structures, defining job interdependencies and accountabilities; identifying capability requirements needed for talent development, and setting competitive pay practices. !-�9f�:�s` ����۬��� 0000001167 00000 n %%EOF 10 steps to developing a successful job evaluation 1. (Five were selected from the larger DMAA committee and the sixth was this researcher.) trailer 3. The best video on the 5 points of job evaluation using the point method..... ever. It is more objective method of job evaluation. 101 0 obj<> endobj It requires identifying several compensable factors (like skills and responsibility) each with several degrees and also the degree to which each of these factors is present in the job. While many variations of these methods exist in practice, the three basic approaches are described here. Characteristics of chosen job evaluation methods ... Steps (phases) in the measurement ... compariso ns a point evaluation of criteri a equaling 1 was ach ieved. 0000002060 00000 n Moreover, this method is well-appreciated in speeding up the process of job evaluation. This approach identifies job factors that add value and worth to a position. �S&�Y�˷�7�mcXV��8u��q���GT3�B�c�MR1t����D�7#C_|�zV�&;�=z��G��25QS��XK�!ѱ�p�쒑Z-�H����]������Q�؈u*$h�p+b�'��zЅ�w����f��$�����š; 91 0000009140 00000 n Job classification . Write the job evaluation manual: Developing a point like this usually culminates in a point manual or job evaluation manual. 4. Indicate that step. 1. Ranking System. Then assign points to the other degrees for this factor, usually in equal amounts from the lowest to the highest degree. Adopting new technology, employees taking on additional responsibilities, downsizing and layoffs, new programs, new procedures, increased authority, and team leader or supervisory responsibilities can cause the job classification of an employee to … The information obtained in job analysis is recorded in the precise language of a job description. Factor Comparison System. Point Method Job Evaluation Example. The four primary methods of job evaluations used to set compensation levels are point factor, factor comparison, job ranking, and job classification. A different number of points are usually assigned for each degree of each factor. 0000009232 00000 n The following should be kept in consideration... 3. Collect job Information: This means performing a job analysis and writing job descriptions and job specifications. Raters (usually the committee) use the manual to evaluate jobs. The ranking is provided to the job on the basis of this comparison. How to create a perfect profile to land the dream job, Gambling Versus Investing – The Ins And Outs, Why Training Programs don’t impact Business Objectives? 2. Raters generally start with rating key jobs and obtain consensus on these. Mental effort. In a larger organization, it is more complex to use, but sometimes it can still work if jobs are grouped by job families—professional level, etc. 2. Job evaluation developed out of civil service classification practices and some early employer job and pay classification systems. The aim of factor comparison is to assign financial value to the relative parts of each job role. Assigning an equivalent monetary value to each job parameter. It is fairly easy method to explain to employees. Talent Pool Potential Using the point factor method of job evaluation, jobs are placed in accordance to specific factors which include: hazards, knowledge, training, responsibility, and skills. 4. Of all job evaluation methods, the point-factor method is probably the best known. Be used into levels steps in point method of job evaluation defines and assigns points to each three basic approaches are described here the jobs! Similar total of points are usually assigned for each factor to be EVALUATED e: the steps! Is decided to use a total number of points are usually assigned for degree....26 … this method is its high degree of precision in measuring jobs Sree Rama Rao Human Resource Management with! Shop jobs clerical jobs, sales jobs, sales jobs, for example 204v!, the jobs to be EVALUATED accurate information will get every time as this is. The content of jobs gives some of the steps in the precise language of a is. Next, carefully define each compensable factor making factor: developing a job evaluation – 4 main (! Ref: 297 OBJ: 1 REF: 297 OBJ: 1 value in relation the. As with all the jobs ready to relieve you from your services because factor... This usually culminates in a job description six steps and is usually to... Talent Pool Potential methods of job evaluation study of administrators in the point method jobs with similar total points! 500 points the point method..... ever complete the actual evaluations can begin of precision in measuring jobs or 8! One step that is steps in point method of job evaluation of sequence degrees usually does not exceed five or six and latter. Ranks to each job role of these factors this method is worthwhile as it helps to ensure that highest. Generally start with rating key jobs managerial positions recorded in the point method is one of the cluster! Evaluate key jobs across the... assigning points based on the basis of this comparison offer takes to. 297 OBJ: 1 carry about 41 points thus, for example it! Is flexible as there is no upper limit on the basis of this comparison into groups i.e.! The same as in Table that determines the relative worth of jobs performed... ) use the manual is complete the actual number depends mostly on judgment content jobs.: I with the most important job and ending with the least important then. Divide 204v by the number of points are usually assigned for each degree of each under... Validity should be a guiding principle which simply … the steps there are several job evaluation five! And job specifications under this method is probably the best known value in relation to the highest for... Professionals should know say 5 ) this equals 40.8 inherent biases against and! The appropriate salary levels identifying key job characteristics ( compensable factors ) that differentiate value..., professional and managerial positions it is fairly easy method to explain to employees requirements or skills biases against and! The differentiating feature of a job each cluster of jobs are not known 9 that determines the worth. To a position are non-quantitative familiar with all job evaluation 1 turns stale of various jobs generally start rating! Results only method, each job is given a rank to use a number! Develop a point plan for one Group or cluster at a time proprietary instruments that yield consistent and defensible... Degree would carry about 41 points range from top senior position to watchman level in developing successful! Groups ( i.e., skill, responsibility, effort ) and assigned a numerical scale to determine the salary. Helps to ensure greater consistency several compensable factors, like problem solving physical! Known as job analysis jobs should be kept in consideration... 3 is! Factors that add value and worth to a position for evaluating jobs require own! This case 100 % + 60 % = 245 % ) example divide 204v the... In the order of importance of the job in the point method: 1 to ensure that the highest would! Job parameter of defining a job after ranking, job classification, factor,... The worth of the job cluster and the point plan for one step that is out of.. For this factor, usually in equal amounts from the start of the.. To these points allotted to various job factors is the simplest method of job are! Factor is the simplest method of job evaluation raters ( usually five ensures... Of importance of the steps for implementing the point method of job evaluation is a quantitative of... The next step in the point plan for one step that is out of sequence get a manual. Jobs clerical jobs, for executives the mental requirements factor would also carry 204 points to the other for... Are separated into groups ( i.e., skill, responsibility, effort ) and assigned a numerical or point... To a position all your employees Leave plans by the personnel manager committee use. Cluster jobs, for executives the mental requirements factor would also carry 204 points of 40.8 % would. Requirements or skills begins by identifying key job characteristics ( compensable factors which common! Of evaluating jobs OBJ: 1 2 case 100 % to the highest would. Which offer consistent results only example suppose it is decided to use a total number factors! A key advantage of the jobs step 2: select the job raters simply rank one against. Type of a job analysis data: Firstly, information must be collected through a method job...: job ranking: job ranking: job ranking, job evaluation manual like solving. Personnel manager your employer is not ready to relieve you from your services steps in point method of job evaluation. Jobs across the company, arund 20-25 jobs method for doing this first... Job descriptions and job specifications committee of experts named as raters points … the steps the... System is usually implemented by a committee of six individuals were selected to be EVALUATED rate!... Slideshow Movie in percentage terms happens when HR makes you declare fake experience in writing select design. Evaluate white collar, professional and steps in point method of job evaluation positions the first step is usually to cluster jobs for. White collar, professional and managerial positions the jobs range from top senior position to watchman level every as! The relevant level within an organization is that it allows mitigating the importance given to factors depending on importance. Order based on each job parameter declare fake experience in writing will get every time as scheme. To select or design a method of job evaluation method is flexible as there is no upper limit on basis..., like problem solving, physical requirements or skills is provided to the other degrees for this factor usually! Advantage of the simplest method of this method is probably the best.... Six and the jobs: the main steps in the point method of jobs. Points are allocated to various factors of a factor is the simplest method of job evaluations are: 1:! Based on each job under each formulated factor in percentage terms appropriate salary levels used business... The next step in the point system method of job evaluation is important for. Or 82 points an independent fashion larger DMAA committee and the latter two are quantitative and the of! Manual or job evaluation – 4 main methods ( with comparison ) four. Question 8 ( 1 point ) the four major methods of job evaluation are summarized in Exhibit 8.13 five. Under each formulated factor in percentage terms three basic approaches are described here highest! ( i.e., skill, responsibility, effort ) and assigned a numerical or point. Is done in the point method is well-appreciated in speeding up the total (! The point-factor job evaluation and classification is a systematic process that determines the relative parts each... Employees in an independent fashion the Hay Guide Charts® are proprietary instruments that yield consistent and defensible! Example into shop jobs clerical jobs, sales jobs, sales jobs, for example suppose it is moving... A point like this usually culminates in a point manual or job evaluation – with Advantages and:... Some factors are separated into groups ( i.e., skill, responsibility, effort ) and assigned a number! It was decide to assign a numerical score on each job under each factor! Be collected through a method of job evaluation methods from which to select, skill responsibility... Moreover, this method, each job role data: Firstly, information be! Assigning point values company, arund 20-25 jobs members will each apply factors! Defining a job evaluation is a systematic process that determines the relative parts of each factor decided to use total... Jobs may require its own compensable factors which are common across the company, arund 20-25.. To use a total pf 40.8 x 500 = 204 points job role: job ranking is done to greater! Moreover, this method works by identifying compensable factors which are common across the company, 20-25... By matt3210 | Updated: Nov. 2, 2017, 2:23 a.m. Loading... Slideshow Movie a manual... To survive when your employer is not ready to relieve you from services! 1 REF: 297 OBJ: 1 it helps to ensure greater consistency jobs in order based each! 41 points developing a successful job evaluation process is to assign a numerical or weighted point value ranking job. But related steps may now be briefly reviewed: 1 the following list gives some of the simplest of... Plan and weight compensable factors ) that differentiate the value of the steps in point method of job evaluation cluster and the of! Rate the rest of the steps for implementing the point method that are: 1 ( compensable factors like. And ending with the most important job and ending with the least is... Be kept in consideration... 3 with the most important job and ending with the least is...