HUMAN RESOURCE MANAGEMENT

HR 612
Module – V
Compensation Management and Incentives

1
 LEARNING OBJECTIVES Amity Business
School

☛ To Know the concept of Job Analysis

☛ To explain Job evaluation methods

☛ To understand the rationale for External Equity in Pay

determination

DR. PRIYANKA AGARWAL

Amity Business School

DR. PRIYANKA AGARWAL

 STEP 1-JOB ANALYSIS
Amity Business School

In the words of Edwin B. Flippo, "Job analysis is the

process of studying and collecting information
relating to the operations and responsibilities of a
specific job "

JOB DESCRIPTION: is an organized factual statement of job

contents in the form of duties and responsibilities of a specific job.

JOB SPECIFICATION A statement which tells us minimum

acceptable human qualities which helps to perform a job.

DR. PRIYANKA AGARWAL

JOB ANALYSIS
Amity Business School

DR. PRIYANKA AGARWAL

JOB ANALYSIS
Amity Business School

DR. PRIYANKA AGARWAL

PROCESS
Amity Business School

DR. PRIYANKA AGARWAL

 STEP 2-JOB EVALUATION Amity Business School

☛ Wendell L French- “A process to determine the relative worth of various jobs within the organization, so that differential wages may be
paid to jobs of different worth

☛ The process of determining how much a job should be paid, balances

– Internal Equity: Paying different jobs differently, based on what the job entails.

☛ It tries to make a systematic comparison between jobs to assess their relative worth for the purpose of establishing a rational pay
structure.

DR. PRIYANKA AGARWAL

 Job Evaluation Methods
Amity Business School

Non-Analytical
Analytical Methods
Methods

Ranking Classification Factor

Point Method
Method Method Comparison

Methods designed on the Methods designed on the

basis of the jobs as a basis of the requirements
whole and elements of the jobs

DR. PRIYANKA AGARWAL

 LEARNING OUTCOMES
Amity Business School

Students shall be able to:

☛ To describe the rationale for External Equity in Pay determination

☛ To design Job Description and Job Specification

☛To compare Job Evaluation Methods

DR. PRIYANKA AGARWAL

Reading Material

10_chapter4.pdf Compensation-mgt-260214.pdf

DR. PRIYANKA AGARWAL