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Job Evaluation in Human Resource Management

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Page 1: 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

?