Register now or log in to join your professional community.
Factor Comparison A set of compensable factors are identified as determining the worth of jobs. Typically the number of compensable factors is small (5 : 6 Maximum). Examples of compensable factors for production manager,workshop officer rare:
The jobs are then priced and the total pay for each job is divided into pay for each factor as below:
The hourly rate is divided into pay for each of the following factors:
Job Evaluation: Factor Comparison
Job Hourly Rate/Pay for Skill/for Effort/Responsibility/Working Conditions
Production.M $ 50 $ 25 $ 10 $ 10 $ 5
Workshop.O $ 18 $ 10 $ 3 $ 3 $ 2