GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is an alternate to job evaluation?
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Wage survey
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Decision Bank Method
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Employee classification
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None of the above
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Explanation:
Detailed explanation-1: -Four primary methods of job evaluations used to set compensation levels are point factor, factor comparison, job ranking and job classification.
Detailed explanation-2: -There are four basic methods of job evaluation: ranking method, job grading method, point method and factor comparison method. Out of these, first two methods are non-quantitative and also known as traditional, non-analytical or summary methods.
Detailed explanation-3: -Ranking Method. This job evaluation method works by ranking jobs according to their perceived value compared to other jobs. Grading/Classification Method. Point-Factor Method. Factor Comparison Method. Competitive Market Analysis Method. 03-Jan-2022
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