Job Evaluation Exercise The purpose of this exercise is to learn more about job evaluation by actually doing an evaluation of a set of jobs for a company we will call Specialized Racing Products. You will conduct the job evaluation as a team effort during class time and then report the results of your work to the class. Teams will have an opportunity to react to each other's plans in order to highlight differences in assumptions and approaches, so be sure you are ready to justify your ratings to the whole class. The book talks about various issues involved in conducting a job evaluation; as we discussed in class there is no "one best method." Rather, your task is to determine how YOU think the job evaluation should be done, using your collective professional judgment. Your work is essentially to act as Job Evaluation Committee. Your first task is to develop a job evaluation system using the point method (following the steps described in class and outlined in your text book: choosing and weighting compensable factors, defining factor degrees and points, and then evaluating the jobs that are attached). To make it easier to compare the various teams' approaches, the point system should have a theoretical maximum of 1000 points. This work will be done on Phase 1 / Day 1 and Phase 2 / Day 2 . Then you can use Phase 3 / Day 3 to do the actual ratingsindividuallyand then compare them as a group and resolve any differences, including any adjustments to the system. You can then draft your report to the class. You are free to use the normal classroom for this work, although you may find it more conducive to do the work in a library team room or other location with fewer distractions. On Thursday Phase 4 / Day 4 each team will present the results of its work in class (about a 5 minute presentation). The first--and in many ways the most important--part of your presentation should be a description of HOW you went about your work and WHY you thought your approach made sense. Then you can describe your results, followed by what you learned from the exercise (which may include a conclusion that your method wasn't as good as you first thought)