A set of compensable factors are identified as determining the worth of jobs.
Typically the compensable factors include the major categories of:
- Skill
- Responsibilities
- Effort
- Working Conditions
- Skill
- Experience
- Education
- Ability
- Responsibilities
- Effort
- Working Conditions
- Location
- Hazards
- Extremes in Environment
Jobs are then grouped by total point score and assigned to wage/salary grades so that similarly rated jobs would be placed in the same wage/salary grade.
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Tips
- Factors Use well defined factors.
- Biases Examine the Factor points for inherent biases against females and minorities.
Grouping
After ranking, the jobs should be grouped to determine the appropriate salary levels.Software
InteractivePoint-Method Program (//hr-software.net/cgi/JobEvaluation.cgi)Free web-based job evaluation point-method software.
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