1 2 Step 1 3 Step 2 Step 3 456989 Step 4 Step 5 7 Step 6 Step 7 10 Compensable B10-B17 C9-F9 G9-G17 H9-H17 C11 - F11; C13 - F13; C15 - F15; C17 - F17 Row 20-43 Row 49-57 Instructions Develop list of compensable factors that will help you evaluate differences between jobs. Determine how many degrees (I've seen generally anywhere from 3-5). You can stick to 4 like the in-class examp Assign weights (based on value of each compensable factor). This indicates level of importance of these factors. For ease, make sure it add to 1.0 Determine max points and calculate max based on weights assigned Calculate what each degree score would be by compensable factor based on your weights and max score (use fo Use this matrix to evaluate your job (based on job analysis created) Calculate the total budget allocation across roles to turn the points into actual $ amounts Weight Max Points 11 Factors 12 0 13 14 0 15 16 17 0 18 19 20 0 0 1000 21 22 Compensable 0 0 0 0 Score 23 Factors 24 0 0 0 25 0 0 0 26 0 27 0 28 0 29 30 31 Compensable Score 32 Factors 33 0 34 28 29 30 31 0 Compensable Score 32 Factors 33 0 34 0 35 0 36 0 37 0 38 39 40 Compensable Score 41 Factors 42 0 43 0 44 0 45 0 46 0 47 48 49 50 Roles 51 52 53 54 Totals Summary of Evaluation Points Point Allocation 0 #DIV/0! 0 #DIV/0! $ Allocation #DIV/0! #DIV/0! 0 0 #DIV/0! #DIV/0! #DIV/0! $200,000 55 56 57 ime you have the following to allocate in your department for these three new roles. Based on the points, cells F51-F53 are the total you could compensation for these ro $200,000 Annual 58 59 60 61 62 Strategy Job Analysis Evaluation - Point Method Evaluation - Simple Ranking Market Research Data Ready Accessibility: Investigate