You are reviewing an employee performance evaluation in which each compensable factor of a job is ranked and assigned a monetary value to determine its relative worth. Which job evaluation method does this describe?

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factor comparison method. The factor comparison method is a quantitative job evaluation approach in which jobs are assessed by comparing them factor by factor (such as skill, effort, and responsibility) and assigning monetary values to each factor. The total monetary values are then summed to determine the worth of each job. This is distinct from job analysis (which documents job content), management by objectives (which focuses on goal-based performance), and the critical incident method (which records specific examples of effective or ineffective behavior).

You are reviewing an employee performance evaluation in which each compensable factor of a job is ranked and assigned a monetary value to determine its relative worth. Which job evaluation method does this describe?

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