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【文章內容簡介】 ethod Ranking method Classification method Factorparison method 21 Valuing Jobs Using Market Pricing Market Pricing ? Using market data to identify the relative value of jobs based on what other firms pay for similar jobs. Advantages Disadvantages ? Ties anizational pay levels to the external job market, without “internal” job evaluation distortion. ? Communicates to employees that the pensation system is “market linked.” ? It relies on market survey data. ? A specific job may differ from a “matching” job in the survey. ? The market data’s scope (range of sources) is a concern. ? Tying pay levels to market data can lead to wide fluctuations. 22 Pay Surveys Collection of data on pensation rates for workers performing similar jobs in other anizations. Benchmark Jobs ? Jobs found in many anizations. InterBased Pay Surveys 23 Pay Structures Job Family ? Group of jobs with mon anizational characteristics. Common Pay Structures ? Hourly and salaried ? Office, plant, technical, professional, managerial ? Clerical, information technology, professional, supervisory, management, and executive Pay Grades ? Groupings of individual jobs having approximately the same job worth. 24 Compensation Administration Process 25 More on Pay Structures Market Banding ? Grouping jobs into pay grades based on similar market survey amounts. Market Line ? Shows relationship between job value as determined by job evaluation points and job value based on pay survey rates. ? Shows
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