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COMPARISONS IN PAY
Comparisons in Pay
Listed in this chapter are a number of jobs, their job roles and the pay they receive on average. ... It then seems ironic that firemen are currently striking because they feel their pay is not enough for the job that they do. ... Later in this report is a chapter on job evaluation and how you can evaluate a certain job compared to others and therefore get a basis to gain an idea of a decent pay level for a job. ...
JOB EVALUATION SCHEMES
Job Evaluation Schemes
“All organisations need some means of deciding the pay of their staff. Job evaluation is an analytical tool to determine the relative size of jobs in the organisation and therefore provide a fair and objective basis for setting pay levels. It can help identify the appropriate number of grades or pay ranges and the relative differences between them.”
An important point to make with job evaluation is that it does not determine the correct pay for a job but does provide a ranking compared to other jobs to set a basis for pay. ... These are:
Whole job ranking
Paired comparisons
Job classification. ...
Advantages of job ranking:
Simple
Cheap to operate
Easy to understand
Disadvantages of job ranking:
Subjective
No analysis of job to explain ranking
Difficult to use with lots of jobs
Paired Comparisons. ...
Advantages of paired comparisons
Simple and easy to understand
More systematic than job ranking
Easy to fit new jobs into system
Disadvantages of paired comparisons
Subjective
No analysis of jobs
Too many calculations to do in large organisations
Job Classification.
Approximate Word count = 1399
Approximate Pages = 5.6
(250 words per page double spaced)
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