The correct answer is: Job evaluation.
Job evaluation is a systematic and orderly process of measuring the worth of a job in relation to other jobs. It is used to determine the pay rate for a job and to compare the pay rates of different jobs.
Job evaluation is typically conducted by a team of experts who use a variety of factors to assess the value of a job. These factors may include the job’s duties and responsibilities, the level of skill and experience required, the working conditions, and the level of responsibility.
The results of job evaluation are used to set pay rates for jobs and to create pay structures. Pay structures are used to ensure that employees are paid fairly for their work.
Job evaluation is an important tool for managing compensation. It helps to ensure that employees are paid fairly for their work and that pay rates are competitive.
The other options are incorrect because they do not describe a systematic and orderly process of measuring the worth of a job in relation to other jobs.
- Job simplification is the process of reducing the number of tasks in a job.
- Job enlargement is the process of adding more tasks to a job.
- Job rotation is the process of moving employees from one job to another.
- Job enrichment is the process of adding more responsibility and autonomy to a job.