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Job points model: an open source tool to determine the comparable worth of jobs
, B Varkkey, M Singh, S S Sohani, J Jha
Published in
2018
Abstract

Comparable worth of jobs is very critical while taking compensation related decisions in any organization. Ascertaining the comparable worth of different jobs having varied levels of responsibility, decision-making, etc. is very challenging for any organization. However, it cannot be ignored if equity and justice has to be maintained to ensure employee trust and engagement. Organizations evaluate the comparable worth of jobs by utilizing tools that are based on methods such as job ranking, job classification, factor comparison and job points. The job point method of evaluation of comparable worth is considered to be one of the most trusted methods as it is devoid of subjectivity. As part of the mandate for 7th Pay Commission, our mandate was to find comparative worth of jobs at different levels across government, PSUs and the private sector. We developed multiple models to evaluate the comparable worth of jobs and corroborate our assessment. The model we present in this research note, referred to as “Job Points Model”, alludes to one such model. This Model is developed and tested across 40 job roles from all levels of government, PSUs and private organizations. Evaluation of jobs utilizing this model was one of the inputs to our overall assessment of the comparable worth of jobs. We will briefly describe here the model and its sub components. We then provide a brief explanation of the method of its application. Finally, we briefly touch upon how the dimensions and sub dimensions were measured.

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Open AccessNo