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a tool for organizing jobs into a clearly defined set of groups according to the tasks and duties undertaken in the job. It is intended for use in statistical applications and in a variety of client oriented applications.
Point factor analysis (PFA) is a systemic bureaucratic method for determining a relative score for a job. [1] Jobs can then be banded into grades, and the grades used to determine pay. [2] PFA is a type of job evaluation; the main advantage of PFA is that it is systemic and analytical. Jobs are broken down into factors such as “knowledge ...
A criticism levelled against the Hay Guide Chart is that the choice of factors is skewed towards traditional management values: "The Hay system consistently values male-dominated management functions over non-management functions more likely to be performed by women.” [2]
Retired people are placed in grade E if they only have a state pension and benefits. If they have an occupational or private pension, they are graded according to the highest graded job they did before retiring. [5] Only around 2% of the UK population identifies as upper class, [6] and this group is not separated by the classification scheme.
[2] [3] [4] The NS-SEC replaced two previous social classifications: Socio-economic Groups (SEG) and Social Class based on Occupation (SC, formerly known as Registrar General's Social Class, RGSC). The NS-SEC was rebased on the Standard Occupational Classification 2010 prior to the 2011 UK census and it will be further rebased on the new ...
Functional departmentalization - Grouping activities by functions performed. Activities can be grouped according to function (work being done) to pursue economies of scale by placing employees with shared skills and knowledge into departments for example human resources, IT, accounting, manufacturing, logistics, and engineering.
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The group compa-ratio, which quantifies the relationship between practice and policy for the whole organization or a defined population group (function, department, occupation or job family). It is a calculation of the sum of actual pay as a percentage of the sum of job reference point rates.