Firm is trying to decide which method of job evaluation

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A firm is trying to decide which method of job evaluation (i.e., ranking, classification, point method) to use in their company, or whether to use only market pricing. Here is some information about the company. They are midsize (600 employees, 250 different jobs), and currently there is a low degree of trust between management and the workforce. They also want a system that their employees and managers find easy to understand and use. Most of the pay comparisons employees make in the company relate to internal alignment as opposed to external competitiveness.

Which of the above four methods do you recommend? Which might be next best? Why? Are there any that you definitely do not recommend? Why? Be sure to address, in your answer, all the facts (there are 4) about the company.

Reference no: EM131486021

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