Question: Question 5 Job evaluation is the formal process by which the relative worth of various jobs in the organization are determined. Typical factors frequently used

Question 5 Job evaluation is the formal process

Question 5 Job evaluation is the formal process by which the relative worth of various jobs in the organization are determined. Typical factors frequently used for job evaluation are education, experience, amount of responsibility, job knowledge and work hazard. The methods of job evaluation are: i. Job Ranking Factor comparison Classification system Point System 111. iv. You are required to explain these methods as you understand them for compensation purposes. (20marks)

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