Answer to Question #222556 in Management for Vabby

Question

An ex IIM , Kapil has come together with his classmates to start up a new venture into technology consulting. The project planning phase and infrastructure are almost ready and kickstart of the organization is just two months away. He is at the stage of planning for job description and job specification as well as compensation of the roles fixed for various functions.

Define job evaluation. Recommend and elaborate a job evaluation technique to Kapil for this company.

Answer 1

Answer.

Job evaluation is the process of assessing the relative values of work in an organization through comparing it with other jobs within the outside job market and those within the organization.

For Kapil company, I will reccomend the grading/ classification evaluation method.The reason for that is because of its generic job characteristics grouped in levels of predetermined classifications.It further has the advantage of being straightforward with little time consuming. In grading ,the system is subject to grade inflation as jobs get pushed to the next high level.There can also occur the challenge where one size does not fit all so jobs maybe forfeit into grades.Lastly,individual jobs are compared to groups of job characteristics then matched to specific grade classification.