A firm determines the overall value of a job using which of the following processes?
A) job analysis
B) job ranking
C) job comparison
D) job evaluation

Question

Quizplus · Accepted Answer

The process of determining the overall value of a job is known as job evaluation. Job evaluation involves a systematic process of comparing jobs within an organization to determine their relative worth. It helps in establishing internal equity and fairness in compensation for employees. Therefore, job evaluation is the most appropriate process for determining the overall value of a job. Job analysis is a process of collecting and analyzing information about a job, job ranking involves arranging the jobs in order of importance, and job comparison involves comparing the jobs with similar roles in other organizations. These processes may provide valuable information but are not used for determining the overall value of a job.

A Firm Determines the Overall Value of a Job Using