Summary BUS FPX4043 Assessment2 Pitfalls.docx BUS-FP4043 Pitfalls of Job Evaluation Methods Compensation and Benefits Management For any organization, job evaluations can be very important and beneficial to both employers and employees. These can be used

BUS FPX4043 Assessment2 P BUS-FP4043 Pitfalls of Job Evaluation Methods Compensation and Benefits Management For any organization, job evaluations can be very important and beneficial to both employers and employees. These can be used to determine if the salary structure is set up properly and will assist in identifying high-achieving employees and help raise productivity. The results can help management determine where pay raises are necessary and where additional training and/or development is needed for employee performance [ CITATION Geo19 l 1033 ]. The three methods that are commonly used for job evaluations and they include, ranking, classification and point method, also known as factor comparison. Different information is provided from each method, which makes it important for organizations to decide which method will align best for their structure. Ranking This method is considered be simple, fast,