Examen
Point System Questions with correct Answers
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Exam of 2 pages for the course Special Points at Special Points (Point System)
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Point SystemBase info Point System - answer This technique, probably the most common job
evaluation technique, assigns points to jobs and then transforms these points to dollar
estimates. Assume that you already have job descriptions and have identified
compensable factors and sub-factors. Separates the job evaluation process into two
components - developing a point manual and using the point manual.
Develop Descriptions of factors, sub-factors and degrees - answerAs in factor
comparison method determine what factors are important, what sub factors are relevant
and how many degrees each sub-factor must have.
Write detailed and specific descriptions
Minimize subjectivity
Should be usable by your successor without explanation
Determine relative weight for each factor/sub-factor - answerMust be guided by
compensation philosophy
Determine total points in the system
Determine weight of each factor/sub factor
Assign Point Values for degrees of each factor/sub-factor - answerHighest number of
degree points = 100%
Make gradations in between
Should degrees be equidistant
Document - answerWrite the point manual
Use Manual - answerEvaluate key and non-key jobs.
Using the manual should be easy
Compare descriptions of jobs against the descriptions in the manual
Assign point values for each factor/sub-factor
Total the points assigned
Multiply total by a dollar value
Advantages - answerStable over time
May have greater reliability and validity
Provides good documentation
Easy to use once manual developed
Easy to update compensation structure
Disadvantages - answerTime-consuming to develop manual
Some of details may be superfluous since ultimately collapsed across catagories
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