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t take up a lot of time ? the critical nature of munications to success Implementation Considerations (cont…) ? the requirement to look closely at the new pay policy: what to pay for。Job Evaluation Old, Bold or a Story Untold Marcus Downing Hay Group Content 1. What is Job Evaluation? 2. Job Evaluation Processes and Guidelines 3. Job Evaluation and Pay 4. Setting Reward Structures Using Job Evaluation 5. Job Evaluation and Salary Management 6. Job Evaluation Benefits 7. Job Evaluation Risks and Considerations What is Job Evaluation? What is Job Evaluation? Job Evaluation is a systematic process for ranking or rating jobs logically and fairly by paring job against job or against a predetermined scale to determine the relative importance of jobs to an anisation. Which is to say that Job Evaluation … … IS ? Comparative ? Judgemental ? Structured ? Job Centred IS Not Absolute Scientific Unstructured Person Focused Possible Applications for Job Evaluation JOB EVALUATION Reward Organisational Analysis Grading Career Development Succession Planning Identifying ‘gaps’ in the structure Understand relationships between roles Link to market data Understanding possible career paths Underpin the framework D i ff e r e n t T y p e s o f Ev a l u a ti o n M e th o dM e t h o d o fC o m p a r i s o n U s e dM e t h o d o f A n a l y s i s U s e dB y c o n s i d e r i n gJ o b E l e m e n t sP o i n t M e t h o dF a c t o r C o m p a r i s o nM e t h o dC o m p a r i n g J o bA g a i n s t S o m eS c a l eC o m p a r i n g J o bA g a i n s t J o bB y c o n s i d e r i n gt h e E n t i r e J o bC l a s s i f i c a t i o nM e t h o dR a n k i n gM e t h o dH a y i s a Mo d i fi e d F a c to r C o m p a r i s o n Me th o d Arsenal Bolton Chelsea Arsenal Bolton Chelsea X X X 3 3 3 0 0 0 Total Rank 3 0 3 6 1 2 Chief Executive HR Manager Security Chief Executive HR Manager Security X X X 3 3 0 0 0 3 Total Rank 0 3 2 6 1 3 D i ff e r e n t T y p e s o f Ev a l u a ti o n M e th o dM e t h o d o fC o m p a r i