Point Method of Job Evaluation
Jobs are divided into component factors. Points or weights are assigned to each factor depending on the degree of its importance in a particular job, the total points for a job indicate its relative worth or value.
Procedure-
- Determine the job to be evaluated
- Select the factors
- Define the factors
- Determine the Degrees
- Determine relative values of job factors
- Assign point values to Degrees
- Find the point value of the job.
- Assign money values.
Think-
- Advantages
- Disadvantages
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