When job evaluation results in substantial changes in the existing wage structure, the possibility of implementing these changes in a relatively short period may be restricted by the financial limits within which the firm has to operate. Point Limitations The evaluator must be familiar with each job to accurately assign a point value to each compensable factor. Some key jobs are selected for the study. It measures job size, not post holders. For a point-factor based job ranking, the requirements, responsibilities, and other aspects of a job - not the position holder as a person - are evaluated with a set of standardized and generalized factors. brochure on gender neutral job evaluation, Working Conditions (uncommon in modern job evaluation systems). 2. The disadvantages are they are complex and still rely on judgment for scoring the jobs themselves. The HAY system operates by providing a number of job units the score- for the job, which is then matched against the grading structure to determine the grade. 7) Helps in Wage and Salary Negotiations: A logical base is provided by job evaluation to negotiate the wage and salary with trade unions. The Factor Comparison Method 5. An I.L.O. It relies on some degree of judgment by evaluators. Four common job evaluation methods are the ranking method, job classification, the factor-comparison method, and the point-factor method. The validity of the findings of the job evaluation is likely to be vitiated by the mental bias of those engaged in job evaluation. 1. For example, if there are three job profiles, job evaluation will determine their exact position depending on the type of organisation and relevance of each position. It is costly and time consuming to rate every job on a five factor analysis. The points rating system has many advantages over ranking and classification systems. Quantitative Methods of job evaluation are: The relative worth of job is studied on the basic of five important factors related to a job. 3. It is easy to understand and clear on the process and makes more accurate judgments. Internet Based Benefits & Compensation Administration, Atchison, Thomas J., Belcher, David W., Thomsen, David J., Economic Research Institute. 3. Vscode No server install found in WSL, needs x64. 2) Adjustment Problems: Although different ways are available to apply the techniques of job evaluation, rapid technological changes and supply and demand of some spills have resulted in adjustment problems. Question: Chapter 8 - Advantages and Disadvantages of the Point Method of Job Evaluation and how to minimize any negative impacts This problem has been solved!
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