Your organization will be using the point factor technique in their evaluations of job performance. You need to communicate what the point factor technique accomplishes as you're the HR Professional for your organization. Which one of the following best describes the point factor technique?
- Specific compensable factors are identified and then performance levels within the factors are weighted on importance to the employee.
- Performance factors are identified by the employee and then performance levels within the factors are weighted based on importance to the organization.
- Specific compensable factors are identified and then performance levels within the factors are documented. The different factors and levels are weighted based on importance to the organization.
- Specific compensable factors are identified and then performance levels within the factors are documented.
Answer(s): C
Reference:
PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Six: Total Rewards. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586- 44149-4, Section III, The US HR Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Compensation
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