Job Evaluation

Question 1

Internal Pay Equity

Answer 1

Compare jobs within an organization to ensure that people in jobs worth the most money are paid accordingly

Question 2

Compensable Job factors

Answer 2

• level of responsibility
• physical demands
• mental demands
• education requirements
• training and experience requirements
• working conditions

Question 3

External Pay Equity

Answer 3

Worth of a job compared to the external market

• Salary surveys -ask how much an org. pay its employees in various positions
• Market position -org. can decide where it wants to be in relation to the compensation policies of other org.
• Salary grade- predetermined compensation level for a given position within an organization