Which job evaluation method begins by comparing benchmark jobs and then uses both point factors and ranking?
A)Job classification
B)Decision banding
C)Job elements
D)Factor comparison
E)Hay Guide

Question

Quizplus · Accepted Answer

The Factor Comparison method starts by comparing benchmark jobs, which are key positions that have stable requirements and are common across various organizations. It then assigns a monetary value to each factor (such as skills, responsibilities, effort, and working conditions) for these benchmark jobs. This method combines aspects of both the point factor and ranking methods, making it a comprehensive approach to job evaluation.

Which Job Evaluation Method Begins by Comparing Benchmark Jobs and Then