Compare and contrast the three most common job evaluation methods. Which one of these methods do you feel would work best in your organization? Explain your choice.
Job evaluation is utilized by business organizations to assess a job position and determine a compensation that is fair based on the current market. Job evaluations assess the requirements of a position such as education and certifications, skills, knowledge, experience, type of work, and overall job responsibilities. A job position is assessed to ensure that the contributions from the employee are contributing to the overall goals of the organization and that the organization is gaining value from keeping the position. The job evaluation method is important ...
This solution provides explanations for common job evaluation methods.