Question: Developing a Job Evaluation Worksheet You are tasked with developing a job evaluation worksheet, similar to Table 6-9 (page 139) in Martocchio. The purpose of

Developing a Job Evaluation Worksheet

You are tasked with developing a job evaluation worksheet, similar to Table 6-9 (page 139) in Martocchio. The purpose of this worksheet is to help compensation analysts assign point values to different jobs in the firm. Using these point values, you can determine which jobs are worth more than others. What do you use these points for? In Chapter 7, you will see that point values are helpful in ensuring that jobs are competitive with the market.

Assume that you will allocate 1,000 points total. The factors you would need to consider are:

Skills:

Experience

Education

Responsibility:

Supervisory

Budget

Complexity of duties

Independent decision making

Using initiative

Consequences of mistakes

The compensation committee decided to use the following weight scheme:

Skills: 25%

Responsibility: 15%

Complexity of duties: 55%

Consequences of mistakes: 5%

Create the job evaluation worksheet, assuming 5 levels for each compensable factor. Your task is to allocate point values into the shaded cells.

Degree

Compensable Factor

1

2

3

4

5

Skills

Experience

Education

Responsibility

Supervisory

Budget

Complexity of duties

Independence

Initiative

Consequences of mistakes

After you create the worksheet above, calculate the total points for someone who is level 5 in experience and education, level 4 in supervisory and budget responsibility, level 3 in independence and initiative, and level 2 in consequences of mistakes.

***Ideally, the system would have clear descriptions for what each level means. For example, education may range from 1 = no degree to 5 = graduate degree. For this activity, you do not need to define levels.

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