Job evaluation is the systematic process of determining the relative value of different jobs in an organization. The main objective of job evaluation is to compare jobs with each other in order to create a pay structure that is fair, equitable, and consistent for everyone. It serves as a basis for developing equitable salary structure. It should assess and score each job in terms of the demands made on the employee under 'job factors'. Combining the scores for each factor gives a single score for the job. The total points scored decide a job's place in the ranking order. Evaluations can aid in identifying the high achieving jobs and help raise company productivity. By using the results of job evaluations, an executive team can determine where pay raises are necessary and where it may also be necessary to adjust pay downward based on employee performance.

Prachi Garg

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