What is Job Evaluation?
The relative value of different jobs in an organization is found and calculated by a process called as job evaluation. Job evaluation is aimed at comparing different jobs with each other, the objective being the creation of a fair and consistent pay structure. This is done to ensure fair compensation as per specific performance requirements for different jobs.
HR is responsible for developing and implementing job evaluations, along with the workforce representatives and consultants. Job evaluation values the relative worth of organizational jobs without taking into account the qualities of the job holder.
The factual and quantitative information about the concerned jobs is calculated by performing basic job analysis, which often always starts from the basic job description. The value addition of the job to the organization is also estimated, successful evaluation of which results in the addition of the job to the organization and ensures gender equity and pay transparency.