COMPENSATION MANAGEMENT
CHAPTER 5 (Study unit 5)
Evaluating Work:
Job Evaluation
Chapter Topics
• Job-Based Structures: Job Evaluation
• Defining Job Evaluation: Content, Value, and External
Market Links
• “How-to”: Major Decisions
1
, Learning objectives
After studying Chapter 5, students should be able to:
• Di
Discuss th relationship
the l ti hi between
b t i t
internal
l alignment,
li t job
j b analysis,
l i jobj b
evaluation, and job structure.
• Identify the major decisions involved in job evaluation.
• Compare the advantages and disadvantages of the most common job
evaluation methods.
Job-Based Structures: Job Evaluation
• Job evaluation – process of systematically determining the relative worth of
jobs to create a job structure for the organization
• The evaluation is based on a combination of:
– Job content
– Skills required
– Value to the organization
– Organizational culture
– External market
2
CHAPTER 5 (Study unit 5)
Evaluating Work:
Job Evaluation
Chapter Topics
• Job-Based Structures: Job Evaluation
• Defining Job Evaluation: Content, Value, and External
Market Links
• “How-to”: Major Decisions
1
, Learning objectives
After studying Chapter 5, students should be able to:
• Di
Discuss th relationship
the l ti hi between
b t i t
internal
l alignment,
li t job
j b analysis,
l i jobj b
evaluation, and job structure.
• Identify the major decisions involved in job evaluation.
• Compare the advantages and disadvantages of the most common job
evaluation methods.
Job-Based Structures: Job Evaluation
• Job evaluation – process of systematically determining the relative worth of
jobs to create a job structure for the organization
• The evaluation is based on a combination of:
– Job content
– Skills required
– Value to the organization
– Organizational culture
– External market
2
