Question Detail

IRP 321 Compensation Management policies Objective Question

Question

The job evaluation method where several compensable factors are examined, each job is rated along a scale for each factor, and point values are assigned and summed to arrive at a total score, is known as:
Options
A Ranking
B Job Classification
C Points Rating
Correct Answer
D Factor Comparison
Correct Answer

Option C is the correct answer.

Detailed Explanation

Page 28 details the Points Rating method: 'In points rating method, several compensable factors common to the jobs to be evaluated are examined and then each job is rated along a scale of each factor. The scales are divided into point distances. Point values are assigned to the compensable factors and added to arrive at a total score.'

Hint

This method assigns numerical values to job characteristics.

Question Info