ranking method

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1. A simple method of job evaluation in which jobs are ranked according to an informal assessment of their overall importance to the organization. This method is quick and inexpensive but becomes difficult to sustain as organizations get larger and more complex. Compare classification method; factor-comparison method; job-component method; point method.

2. A method of employee evaluation in which a group of employees are ranked on the basis of relevant performance criteria.

Subjects: Business and Management.

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