What are the pros and cons of the following methods of job evaluation ranking, classification, factor

Question:

What are the pros and cons of the following methods of job evaluation – ranking, classification, factor comparison, and point method?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Management of Human Resources The Essentials

ISBN: 978-0132114905

4th Canadian Edition

Authors: Gary Dessler, Nita Chhinzer, Nina D. Cole

See More Books

Question Posted: Nov 16, 2022 04:06 AM

See More Questions

What are the pros and cons of ranking shareholders over employees and other stakeholders ? Is it wrong to see employees as costs of production? Should GE have rebalanced its priorities?
What are the pros and cons of using geothermal energy to produce electricity? What are the pros and cons of using tidal power to produce electricity?
What are the pros and cons of a company (and country) participating in a Sustainability Report?
A small company has $4,500,000 in (annual) revenue, spends 57% of its revenues on purchases, and has a net profit margin of 11.75%. They would like to increase their profits and they are looking at...
A hospital emergency room (ER) is currently organized so that all patients register through an initial check- in process. At his or her turn, each patient is seen by a doctor and then exits the...
In Problem use the table below. Events A, B, and C are mutually exclusive; so are D, E, and F. In Problem test each pair of events for independence. C and F A C Totals .20 .03 .07 .30 E .28 .05 .07...
Find the amount of money that can be borrowed today with each of the following separate debt agreements a through f: Single Future Number Interest Case Payment of Periods Rate a. . . . . . . . ....
Kilgore's Deli is a small delicatessen located near a major university. Kilgore's does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. At...
Brief Exercise 11-3 Labor data for making one gallon of finished product in Bing Company are as follows. (1) Pricehourly wage rate $13.60, payroll taxes $0.60, and fringe benefits $1.30. (2)...
BBA L 300 Ltd (BBA) is a resident company, since its incorporation has been providing Mining Support Services (MSS) in line with its mandate. The following information is relevant to its operations...
Is it ethical for companies to offer incentive bonuses only to top managers? Why or why not? What are the pros and cons of making such bonuses available to all employees who meet performance criteria?
Is it right that CEOs earn enormous amount of money when most employees are getting small increases each year (sometimes even less than inflation)?
If you dive into water, you reach greater depths than if you do a belly flop. Explain this difference in depth using the concept of conservation of energy. Explain this difference in depth using what...
Charlotte, a marketing manager, is worried her firm is doing a poor job of managing the movement of finished products to the final consumer. If she is right, the company should work to improve its Mul
Sketch a graph of the piecewise defined function. f(x) = Sx if x 0 x+9 if x>0
Complete the information for the following subnetting problem. Your answers should be whole numbers without a period. Example: the correct value for the last octet of 172.20.55.210 would be entered...
Olympia Trophy Company wants to purchase a laser engraving machine to use in its production of trophies. The cost of this engraving machine is $69,546.40 and it will yield yearly expected cash flows...
Scenario: Envirotruck is a company that produces energy efficient all-wheel-drive and 4-wheel-drive trucks (twice as efficient as their competition's) with ample clearance for construction and rough...
Show that the associative property of addition, (A + B) + C = A + (B + C), holds for matrices A, B, and C. A = 4 B = 6 4 -5 -3 2] -11 c = : -5 ||
Use a calculator to evaluate the expression. Round your result to the nearest thousandth. V (32 + #)
The June profit and loss statement for the Browning Company is shown. If competitive conditions make price increases impossible and management has cut costs as much as possible, should the Browning...
Explain why a marketing audit might be desirable, even in a well-run company. Who or what kind of an organization would be best to conduct a marketing audit? Would a marketing research firm be good?...
This problem emphasizes the differences between the full-cost approach and contribution-margin approach to marketing cost analysis. Tapco, Inc., currently sells two products. Sales commissions and...
The cost of partially completed goods at the end of the period would be Ending work in process inventory Cost of goods sold Beginning finished goods inventory Beginning work in process inventory
At a 3% (EAR) rate of interest, you will quadruple (increase four folds) your money in approximately ____ years.
Smile Company makes baked goods. The budgeted sales are $620,000, budgeted variable costs are $260,400, and budgeted fixed costs are $237,800. What is the budgeted operating income?

What are the pros and cons of the following methods of job evaluation ranking, classification, factor

Question:

Step by Step Answer:

Ranking Pros simplest job evaluation method easy to explain takes less time to accomplish than other methods Cons there is a tendency to rely too heav...View the full answer

Management of Human Resources The Essentials

Students also viewed these Business questions