HRM 3490 Chapter : The Point Method of Job Evaluation

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Compensable factor are characteristics of jobs that are valued by the organization and differentiate jobs from one another. Breaking down the factors into major categories. Establish degrees/levels/scale for each factor that measures the extent to which a factor is present in a job. Higher degree contains more of the factor than the degree before. Number of degrees to use for each factor varies: weighting the factors. Weight each factor according to its relative importance. Expert judgment: applying the job evaluation system. Summarize the results through a table which incorporates the results taken from the summary ratings chart: test the job evaluation system. Before we can find out if the je system is valid, there are a number of tests that need to be done. Validity the extent to which a measuring instrument actually measures what we intend it to. The first test of the system is its reliability.

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