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Evaluation Methods

In: Business and Management

Submitted By christenalala
Words 270
Pages 2
Evaluation methods differ from an organization to another depending on the size, industry, power of influence, and complexity of that one.

Three of the main evaluation methods that have been widely adopted by business and HR managers, and professionals to evaluate and scale their organizational state of concern.

Hay
Is ultimately one of the earliest methods of evaluation since it was adopted in The early 1950s. It aids in forming an organizational map that aids in the valuation of jobs and salaries. Its no longer sufficient one because of it generating very low points.

Three factors that Hay evaluates the jobs on are presented in:
Know how (technical knowledge, breadth, human relations, etc..)
Problem solving ( environmental thinking, challenge thinking, etc...)
Accountability (freedom, and impact of type and magnitude)
Working conditions (human relations, work load, environment, etc..)

Mercer
Other evaluation approach that was widely used in the 1970s that came up with enhanced factors, one of these was the risk factor that is no longer applied because that nowadays firms are obeying international standards for risk and safety.

Three factors that Mercer evaluates the jobs on are presented in:
Expertise (knowledge, experience, breadth, interpersonal traits, etc..)
Judgement (job environment, reasoning, etc..)
Accountability (impact, independence and influence, involvement, etc..)

Towers and Watson
Another iterative approach of evaluation of nowadays. It simply spots lights on knowledge, skills, qualifications, and experience of both, organization and employment market. It help organizations manage opportunities and challenges of reward and talent program design and delivery.

Many areas Towers and watson offer solutions among as:
Effective people
Risk and financial management
Employee benefits
Talent management
Rewards...

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