Understanding Job Comparisons by Factor
You evaluate jobs to determine an equitable salary range for each job within the organization. You can define one or more evaluation methods that you use to assign degrees or points to the critical aspects of each job. Typical evaluation methods include:
Degree method
Hay method
Factor comparison method
After you define and evaluate jobs, you can review evaluation information for all the jobs that use a specific evaluation method. You can use this information to verify that you evaluated each job equitably.