Job evaluation is a procedure for developing a wage structure that is somehow based upon an evaluation of the job. It is a systematic way of determining the value/worth of a job in relation to other jobs in an organization. It tries to make a systematic comparison between jobs to assess their relative worth for the purpose of establishing a rational pay structure.
The principle of job evaluation: Some principle should be followed for the successful evaluation of jobs; these principles may be clarified into several types. In the following points, we will focus the principles of job evaluation –
Assessing jobs: In the job evaluation program, each and every job should be evaluated rather individual.
Variables: The variables that are required for job evaluation must be taken into consideration.
Integrity: Different aspects of jobs should properly be integrated for the sake of effective job evaluation program.
Management support: Job management support must be extended for the successful completion of the job evaluation program.
Employee participation: Employees and union leaders must also cooperative with the analyst by giving information to be needed.
Related aspects: The aspects of jobs, which are evaluated, to be performed should be selected for valuation.
Finance: Management must give supply wages fund to conduct and conclude the evaluation program.