HRM 2600 Lecture Notes - Lecture 8: Performance Appraisal, Job Evaluation, Job Analysis

• School: York University
• Department: Human Resources Management
• Course: HRM 2600
• Professor: J I N G W A N G

Document Summary

With systematic comparison of jobs to determine their relative worth company can compensable factors, fundamental compensable aspect of a job e. g. skill, effort, responsibility, working conditions give firm chance to use those with rarely required skills in right circumstances. By using a right job evaluation methods will do job. Classification and will place jobs into categories based on compensable factors in this case company can give those employees with rare skills better job descriptions. Skill is the most highly valued compensable factor, weighted (60% )so organization may need those rare skill in time so paying to those employees with such skill may be needed time to time . Therefore employer will find out if the company income and salary is suitable for paying to those employees with rare skills required for duties. In any firm performance appraisal process is the foundation of successfulness" of the company.