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FACTOR EVALUATION SYSTEM  POSITION EVALUATION SUMMARY  Form

FACTOR EVALUATION SYSTEM POSITION EVALUATION SUMMARY Form

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[Music] organizations want their employees to perceive that they are being paid fairly in relation to pay for jobs performed by others within the organization as well as individuals performing similar jobs in other companies the two general approaches for valuing jobs are job evaluation and market pricing job evaluation is the systematic process to determine the relative worth of jobs in organizations employers can adopt one of several alternative job evaluation methods let's take a look the ranking method is a simple system that places jobs in order from highest to lowest by their value to the organization this is a qualitative method in which the entire job is considered rather than individual components the ranking method generally is more appropriate in a small organization that has relatively few jobs for example the ranking method might be used a small family-owned dry cleaning shop with only two or three distinct job titles the classification method is often used in publ

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