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P&CM (Module-4)

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* It is the process of analysing and assessing the various jobs systematically to ascertain their relative worth in an organization: _+ Job evaluation is a process of finding out the relative worth of a | job as compared to other jobs. * Job is evaluated on the basis of their content and is placed in the order of their importance. ¢ Jobs are evaluated and ranked and not the job holders. _ Means to evaluate the job holder. Jobholders are rated through — _ performance appraisal. Scope of Job Principles Of Job evaluation are relevant to all jobs and in all organizations. However, practice of job evaluation is followed in only few companies and that too for hourly rated jobs. Where job evaluation is not followed, what is the system for determining wage and salary differentials? Difference between job evaluation and performance appraisals? Methods:of J Methods:are:of two categories: +» Analytical *- Non Analytical Analytical: Methods» (use quantitative= techniques= in listing-thejobs) 1. Point Method 2. Factor Comparison: Method Non-Analytical» Methods» (utilize: non=quantitative: methods-of listing jobs in order-of difficulty) 1. Ranking-Method 2 Job-Grading= Banding ethods:of JobiEva *- Ranking:Method:Jobs-are-arranged:or ranked:in the order*oftheir:importance=from=the=simplest=to-the hardest-each> successive-job> being= higher: than> the: previous= one» in» the= sequence Jobs= are= ranked according=to="the-whole:job" rather:than:a=numbere of compensable=factors: A series-of grades-or zones= are-established; and-all the-jobs:in the-organization= are-arranged-into these: Sometime; jobs-are-arranged= by rating themraccording to their requirements: Methods of Job:Ev: Job-Grading: A number of pre-determined grades-or classifications» are established» by a committee ranging from-low to high-and then the various jobs are-assigned within each grade. Grade descriptions are the result of the job information obtained froma job- analysis. Certain other» jobs' may latter~ be grouped together in a common grade. General grade descriptions are mentioned for each classification/grade; and finally these are-used-as-a standard for assigning all the other jobs in particular= __ pay scale. Methods of Job:Eva r _ * Point» Method:= It involves: identifying a number of compassable- factors: (i.e., various~ characteristics” of jobs) and then: determining degree=to which each of these=factors-is present-in the job. Different points=is assigned for each degree of each factors, thereafter the corresponding number of points of each: factor=are added-and overall point value is obtained: The point systemis based on the assumption to assign points to respective factors: which are= essential for evaluating individual's job. The sum of these points gives-us an index of the relative significance-of the jobs that-are= _ rated. Methods of Job sorncon— * Factor:Comparison»Method::jobs:are- evaluated: by means= of standard: yardstick» of value= It involves: deciding» which» jobs: have= more= of certain conpensable factors than others: The analyst/committee:selects some='key’ or ‘benchmark jobs= for= which: job: descriptions= are= clear and/or> counterparts:in other organisations; for-which=the= pay: rates: are- agreed: upon and: are- acceptable=to= both management: and: labour. Each: job: is: ranked=. several times selecting once each condensable-factor. actor;Comparison ¢ For example; jobs:may be-ranked first:in terms of factor= 'skill.'. Then; they» are= ranked according:to-their mental requirements: Next they ranked:according -to-their'responsibility,' and:so-forth: Then these:ratings:are-combined: for each job:in-an over-all numerical rating-for= thejob:

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