factor comparison method

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• factor-comparison method — A method of job evaluation in which jobs are compared with each other in terms of compensable job factors These may include skill, effort, decision making, working conditions, and responsibility for people, finance, or equipment. Ideally, all… …   Big dictionary of business and management

• Factor analysis — is a statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved, uncorrelated variables called factors. In other words, it is possible, for example, that variations in …   Wikipedia

• classification method — A method of job evaluation in which jobs are placed in certain predefined categories on the basis of job title, job description, and comparison with benchmark jobs It is mainly associated with large hierarchical organizations such as the civil… …   Big dictionary of business and management

• point method — An analytical method of job evaluation in which jobs are scored on a number of different features (e. g. skills, effort, level of responsibility, working conditions, etc. ). The scores are then summed and used to create a graded pay structure.… …   Big dictionary of business and management

• ranking method — 1) A simple method of job evaluation in which jobs are ranked according to an informal assessment of their overall importance to the organization. This method is fast and inexpensive but becomes difficult to sustain as organizations get larger… …   Big dictionary of business and management

• job-component method — A method of job evaluation in which jobs are ranked according to a statistical analysis of the behavioural demands they impose. The data is usually obtained from employees answers to a standardized questionnaire. Compare classification method;… …   Big dictionary of business and management

• compensable job factor — In job evaluation, any of a range of factors that are held to determine the value of a job to the organization and hence the level of remuneration paid to the job holder. These factors usually include the skills, training, and experience required …   Big dictionary of business and management

• Hay method — A job evaluation system based on three core factors: know how, problem solving, and accountability. The system, which is named after the US management expert Edward N. Hay, is essentially a combination of the point method and the factor… …   Big dictionary of business and management

• Comparison of Pascal and C — Programming language comparisons General comparison Basic syntax Basic instructions Arrays Associative arrays String operations …   Wikipedia

• Comparison of statistics journals — This is a comparison of peer reviewed scientific journals published in the field of statistics. Contents 1 General information 2 Impact, indexing, abstracting and reviewing 3 Notes 4 …   Wikipedia

• Method engineering — Not to be confused with Methods engineering, a subspecialty of Industrial engineering Example of a Method Engineering Process. This figure provides a process oriented view of the approach used to develop prototype IDEF9 method concepts, a… …   Wikipedia