What is the purpose of job evaluation

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Reference no: EM132171980

(i) State the factors that are generally selected in point-system method of job evaluation plan (R). What is the purpose of job evaluation? Explain concept of job analysis in the context of job evaluation (R).

(ii) Why is the point-system method preferred over other methods of job evaluation plan (R)?

(iii) Why standard hour plan is most commonly used in direct financial plan, compared to piecework and measured day work (R)?

(iv) State the reasons for installing a wage incentive plan in a company? What are the reasons for wage incentive plan failures (R)?

(v) Explain the characteristics of the following direct financial plans: (a) piece work, (b) standard hour plan, and (c) measured day work. Which incentive plan is most commonly used in industry, and why (R)?

(vi) What are the principal benefits of a properly installed job evaluation plan (R)?

(vii) What are the common methods used for job evaluation? Explain briefly (R)?

(viii) What are the principle negative consideration that should be understood prior to the installation of a point job evaluation plan (R)?

Reference no: EM132171980

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