Question: . Your organization is concerned about maintaining competitiveness in a fast changing business market. Management believes that product diversification to satisfy changing consumer demand is
Your organization is concerned about maintaining competitiveness in a fast changing business
market. Management believes that product diversification to satisfy changing consumer demand is
imperative to maintain this competitiveness. Management is developing a job evaluation system
that will evaluate and pay a job based on the degree of impact it has on product diversification.
Management is working to identify compensable factors related to diversification for inclusion in the
job evaluation system. Jobs that require higher degrees of these factors will be paid more.
You are the Compensation Specialist in this organization and have the task of identifying and scaling
the compensable factors.
a List one compensable factor important to product diversification which you could use to evaluate the jobs.
b Scale the compensable factor into degreeslevels Provide a sentence description of each level. Level should reflect low levels of the factor and level high levels of the factor.
c Rank order the following jobs on this factor with being highest and being the lowest.
a Sales Person
b Director of Accounting
c HR Recruiter and Staffing Specialist
d Research and Development Specialist
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