(Answered) : What are the advantages and disadvantages of the most common job evaluation methods?

June 27, 2024| admin| 0 Comment| 7:43 pm

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What are the advantages and disadvantages of the most common job evaluation methods?

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Job Ranking
Advantages Disadvantages
Simple to administer Difficult to administer when no of jobs increases
Low Cost implementation This is person dependent and very subjective
Effective when less no of jobs are evaluated No clear stardardization set, so results vary a lot
Job Classification
Advantages Disadvantages
Its in a set grade and so more standardized Initial classification is subjective
Its easy to implement The standard might have biases while preparing.
When there are fringe jobs, accurate classification might not happen and subjectivity creeps in
Point Factor Comparison
Advantages Disadvantages
The classification is in monetary terms, so more result oriented. It requires more time to complete
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(Answered) : What are the advantages and disadvantages of the most common job evaluation methods?

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