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Job Evaluation and Compensation

What is job evaluation, and how is it used by compensation professionals? Discuss the various techniques used in job evaluation.

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A job evaluation is the process used to establish the worth of positions within a company. The purpose of the evaluation is to compare jobs in order to assess their worth while establishing a rational pay structure. In order to conduct a job evaluation the organization utilizes the job description that was used during the hiring process. The job evaluation methodology uses external value and ...

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What is job evaluation, and how is it used by compensation professionals? Discuss the various techniques used in job evaluation.

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