What Is a Compensable Factor
A Job Attribute Described in a Job Evaluation Plan That Provides the Basis for Evaluating the Relative Worth of a Job Inside the Organization. Each Compensable...
A job attribute described in a job evaluation plan that provides the basis for evaluating the relative worth of a job inside the organization. Each compensable factor has a number of different degree levels on which jobs are evaluated.
What are examples of compensable factors?
- Experience. How long should the incumbent have worked in this job or in closely related jobs to be fully qualified? …
- Education. …
- Responsibility. …
- Complexity of duties. …
- Supervision received. …
- Supervision exercised. …
- Consequences of error.
How do you identify compensable factors?
- They must be present in all jobs.
- They need to be definable and measurable.
- The factor must vary across the company. …
- They must be observable. …
- They need to fit the organization.