point method

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An analytical method of job evaluation in which jobs are scored on a number of different features (e.g. skills, effort, level of responsibility, working conditions, etc.). The scores are then summed and used to create a graded pay structure. The method, which is very widely used, is essentially a refinement of the factor-comparison method. See also classification method; Hay method; job-component method; ranking method.

Subjects: Business and Management.

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