Asked by Sofiya Hoyda on Jul 26, 2024
Verified
Barry & Finch, a law firm in Connecticut, performs job evaluation by organizing different sets of jobs in the firm into clusters called grades. The job evaluator then writes definitions and descriptions of each grade, which serves as a tool for deciding the compensation for each job. Which of the following job-evaluation methods is Barry & Finch using in the given scenario?
A) The classification system
B) The market-basket analysis method
C) The factor-comparison method
D) The point system
Classification System
A method for organizing data or objects into categories based on shared characteristics.
Job Evaluation
A systematic process for assessing the relative worth of jobs within an organization to establish a fair and equitable pay structure.
Compensation
Is the set of rewards that organizations provide to individuals in return for their willingness to perform various jobs and tasks within the organization.
- Recognize different job evaluation methods and their application in setting compensations.
Verified Answer
KN
Kevina NowlinJul 28, 2024
Final Answer :
A
Explanation :
The classification system involves organizing jobs into grades or classes based on their relative worth or complexity, and then defining each grade to guide compensation decisions, which matches the description given for Barry & Finch's method.
Learning Objectives
- Recognize different job evaluation methods and their application in setting compensations.