MHR 749 Study Guide - Midterm Guide: Subfactor, Job Evaluation, Paq
Document Summary
Job structure: hierarchy of all jobs based on value to the org. ; provides the basis for the pay structure. Job evaluation: the process of systematically determining the relative worth of jobs to create a job structure for the org. Defining job evaluation: content, value, and external market links. Job content: refers to the skills required for the job, duties and responsibilities. Job value: refers to the relative contribution of the skills, duties and responsibilities on the org. goals. Major decisions in job evaluation: establish the purpose, decide on a single vs. multiple plans, choose among alternative methods, obtain involvement of relevant stakeholders, evaluate the usefulness of the results. Establish the purpose job evaluation is part of the process for establishing an internally aligned pay structure. Supports the org. strategy jo(cid:271) e(cid:448)aluatio(cid:374) alig(cid:374)s (cid:449)ith the org. "s strategy (cid:271)y stati(cid:374)g (cid:449)hat it is about a job that adds value.