HRM303 Chapter Notes - Chapter 8: Measuring Instrument, Regression Analysis, Comparator
Document Summary
Chapter 8: evaluating jobs: the point method of job evaluation. Compensable factors: characteristics of jobs that are valued by organization and differentiate jobs from one another. Job inputs (education, training, experience), job requirements (mental effort, physical effort, decision making), job outputs (accuracy of output, consequences of mistakes), job conditions (nature of work environment, hazards that may be encountered) Four main factors: skill, effort, responsibility, working conditions every point method system of job evaluation should include representation from each of these factor categories. Develop clear definition of each that conveys meaning of factor. After compensable factors have been selected and defined, number of. Degrees (or levels) are established for each factor resulting in measurement scale for every factor. Degrees represent graduations in extent to which a certain factor is present in particular job being rated. Number of degrees for a particular factor depends on range of that factor. Each factor needs to be weighted according to its relative importance.