Methods of Job Evaluation

Methods of Job Evaluation

There are four basic methods of job evaluation: ranking method, job grading method, point method and factor comparison method. Out of these, first two methods are non-quantitative and also known as traditional, non-analytical, or summary methods. The last two methods are quantitative, also known as analytical methods, and use various quantitative techniques in evaluating a job.

The basic difference between qualitative and quantitative methods is in terms of (1) consideration of the job as a whole versus, consideration of different components of a job; and (2) judging and comparing jobs with each other versus assigning numerical scores on a rating scale. Usually, in practice, a combination of different

methods is followed. Based on this concept, some other methods have also been developed.