Ranking method

1. JOB EVALUATION IN RANKING METHOD D one by: S aish Prabhu Prajot Morajkar S ujit Prabhudesai S weta Kolvekar

2. I ntroduction Jobs are compared to each other based on the overall value Ranked jobs are classified into groups, and jobs under particular groups may receive the same salary or salary range Jobs are arranged from higher to lowest Example: Rank Accountant Accounts clerk Purchase assistant Machine operator Typist Office boy Monthly salary in Rs. 3000 1800 1700 1400 900 600

3. S teps in Job Ranking Method Obtain job information Select and group jobs Select compensable factor Rank jobs Combine rating

4. T ypes of Job Ranking Method Simple ranking method Alternate ranking method Paired comparison

5. M erits It is a simplest method Easy to understand and adopt Inexpensive Require little time

6. D emerits Not suitable for huge companies Increase possibility of evaluators bias It is less accurate No standards used for comparison

7. THANK YOU