BUS303 Human Resources Management
Edward DAvola
prove 12, 2012
Compensation and the Job Evaluation Process
Employers want to hire employees who get out find shelter in his or her work and that value stems from the compensation received for work finish. Before the hiring process, employers must acknowledge into account the various brokers that are required by severally seam to establish the level of compensation. In order to gear up the relative worth of the various jobs within a company, a job evaluation process must be completed by ranking jobs, establishing a classification system and pass system, and adopting a factor comparison method. Companies take various reconcile structure decisions extremely serious and understand the importance of establishing an high-fidelity hierarchy; Commercial Facilities, Inc. (CFI) is no different.
Company Background
CFI is a profuse service commercial real estate firm specializing in asset management, brokerage, leasing, consulting and development (CFI, n.d., para, 1). In order to offer such(prenominal) dedicated focus and full service to all clients, in that location needs to be enough of the most valuable resources useable: people. CFI currently employs 15 people with job titles ranging from receptionist to president.
Although each bunk is vital in the success of CFI being able to amply accommodate the growing number of clients, not all positions enclose the same relative worth. A thorough interview with the subroutine controller at CFI paints a clear picture of the job evaluation process within the company; a junto of ranking of jobs, a classification and points system, and a specialized factor comparison model is used as the following provide explain in greater detail.
Ranking of Jobs
CFI is a lowly privately owned company, which allows the ranking of jobs to be quite simple. preferably of analyzing the full complexity of jobs by evaluating parts of jobs, the job-ranking method has the jurist rank-order...If you want to get a full essay, order it on our website: Orderessay
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