Job Analysis & Evaluation Methods Flashcards
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Read the first 7 Job Analysis & Evaluation Methods flashcards as text
Which job analysis method is most appropriate when only a few subject matter experts (SMEs) are available and time is limited?
Answer: Expert panel or SME interview
An expert panel or focused SME interview efficiently captures job content knowledge when access to incumbents is restricted.
In job evaluation, 'benchmark jobs' must meet which key criterion?
Answer: Their content must be stable and well-understood, with established market rates
Benchmark jobs need clear, consistent content and recognized market data so they can reliably anchor the evaluation and pricing process.
A compensation analyst notices that two jobs have the same point total under the point-factor plan but one pays 20% more. The most likely explanation is:
Answer: Market-based pay adjustments or red-circle rates creating a deviation from the internal structure
External market demand or legacy pay (red-circle rates) can cause actual pay to deviate from what the internal point-factor structure would suggest.
Which of the following is an example of a 'task statement' in a job analysis?
Answer: Prepares monthly financial statements using ERP software
A task statement describes a specific, observable work activity using an action verb, object, and purpose.
Under the factor comparison method, the monetary weight assigned to each compensable factor for a benchmark job is determined by:
Answer: Allocating the job's current wage across factors based on their relative importance
In factor comparison, evaluators distribute a benchmark job's actual pay rate across compensable factors to reflect each factor's contribution to total pay.
Which legal consideration makes thorough job analysis especially important when setting compensation levels?
Answer: The Equal Pay Act and Title VII require that pay differences be based on legitimate job-related factors
Job analysis provides the documented, job-related basis needed to defend pay differences under the Equal Pay Act and Title VII of the Civil Rights Act.
The concept of 'job families' in compensation refers to:
Answer: Groups of jobs with similar functions, skills, or career progression paths
Job families cluster related positions (e.g., all engineering roles) to facilitate career pathing, consistent evaluation, and coherent pay structures.