Job Evaluation in Human Resource Management
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Transcript of Job Evaluation in Human Resource Management
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Human Resource
ManagementTopic:
Job EvaluationPresented To: Khawaja ImranPresented By: M.HashaamRoll No. : AM552381Class: MBA ( B&F ) 1st SemesterAllama Iqbal Open UniversityASC: Punjab Computer College, Garhishao, Lahore
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AcknowledgmentFirst of all thanks of Allah who is most
beneficent and the most merciful whose blessings are abundant and
favors are unlimited.It is my pleasure to acknowledge the
guidance and support of my subject Teacher: Mr. Khawaja Imran for her
endless guidance.I would also like to acknowledge
“Pharma Health Pakistan (PVT) Ltd.”.
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An AbstractJob Evaluation is a systematic way of determining the value or worth
of a job in an organization. It should be seen as integral part of
organizations procedure’s for assessing jobs and establishing a
fair pay structure.In Pharma Health Pakistan job evaluation is conducted under
factor comparison method.
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Introduction to Job Evaluation
When we establishing pay rate’s, in this process we
conduct Job Evaluation after Salary Survey.
It plays important role for establishing strategic pay plans and assessing jobs.
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Introduction to Job Evaluation cont...
Definition of Job Evaluation
“A systematic comparison done in order to determine the
worth of one job relative to another”.
The basic procedure is to compare the jobs in relation to one another for
example, in terms of required effort, responsibility, and skills.
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Preparing for Job Evaluation
Job Evaluation is a judgmental process and demands close cooperation among supervisor’s, HR specialists, and employees and union representatives. The main steps include:
1. Identifying the need 2. Getting cooperation3. Choosing an evaluation
committee
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Method’s of Job Evaluation
There are five method’s of Job Evaluation:
1. Ranking Method• Obtain Job Information• Select and group jobs• Select compensable factor• Rank Job’s• Combine rating
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Method’s of Job Evaluation cont..
2. Job Classification3. Point Method4. Factor Comparison5. Computerized Job
Evaluation
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Case StudyJob Evaluation of
Pharma Health Pakistan (PVT) Ltd.
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Introduction of Pharma Health (PVT) Ltd.
Pharma Health was founded in 2003 by a seasoned management team with extensive experience in early
stage Health Care companies.About Company:
Pharma Health is the market leader in field of dermatology. It is covering almost the major therapeutics in the field of
dermatology and serving the nation by leaps and bounds.
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Mission of Pharma Health (PVT) Ltd.
Mission StatementTo improve the quality of life for
patients around the world through the manufacturing and distribution of
trusted and branded pharmaceuticals in all the therapeutic segments. By developing quality Pharmaceuticals
specially designed for the ailing community in the countries like sub continent and Africa, we can solace the pain and trauma of our fellow
beings and considerably at an affordable price.
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Job Evaluation in Pharma Health
In Pharmaceutical industry Job Evaluation for field force play
an important role.
In Pharma Health Pakistan (PVT) Ltd. job evaluation is playing vital role to get
goals and objectives set by management.
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Job Evaluation in Pharma Health
Method used for Job Evaluation in Pharma Health:
“Factor Comparison”
In Pharma Health factor comparison is used for Job Evaluation.
In this method management set “Target” as compensable factor
and then compare the jobs according to compensable factor.
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Value Chain in Pharma Health
SWOT Analysis
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Strengths
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Strengths
Achieve Set TargetSatisfaction of
Employer and Employee’s
More Profit
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WEAKNESSES
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WeaknessesLack of New Technology
Termination of Employee’s
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Opportunities
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Opportunities
Get Objective’s and Goal’s
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Threat’s
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Threat’s
oComputerized Job Evaluation
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Conclusion
In Pharma Health Pakistan satisfaction of Management and Employee’s indicates that their Job Evaluation is working affectively as well
as efficiently.
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Recommendation’s
After Study and analyze, I will recommend that in
Pharma Health Pakistan, Job Evaluation should be
computerized according to modern techniques.
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Question’s
?