Create a Job Worth Hierarchy Based on Internal Worth

McLean & Company recommends this workshop for organizations employing the Point Factor method of job evaluation.

Onsite Workshop

Focusing solely on market pricing instead of using a job worth hierarchy will:

  • Hinder the organization’s ability to appropriately compensate those jobs that contribute more to the bottom line
  • Low internal equity among employees
  • Decrease morale and retention if employees feel their jobs are not valued appropriately

Implementing a job worth hierarchy within the organization will:

  • Ensure labor dollars are allocated based on a role’s value to the organization
  • Foster strong internal equity
  • Increase employees’ commitment to the organization

Module 1: Select Factors That Will Be Used to Evaluate Jobs

The Purpose

Ensure factors that are chosen are linked with organizational strategy and will remain relevant for long periods of time.

Key Benefits Achieved

Organizationally aligned factors are selected.

Activities: Outputs:
1.1 Select strategically aligned factors.
  • Factors are assigned based on importance within the organization

Module 2: Tailor the Point Factor System for Your Organization

The Purpose

  • Input weighting for factors based on importance to organizational strategy.
  • Assign percentage points for the factors based on value to the organization.

Key Benefits Achieved

  • Jobs are weighted and assigned points, setting up the point factor method for implementation.

Activities: Outputs:
2.1 Set factor weights and point allocations.
  • Factors are weighted and given percentage points

Module 3: Execute and Maintain the Point Factor Tool

The Purpose

  • Ensure the point factor method runs in accordance with the organizational strategy.

Key Benefits Achieved

  • Point factor method successfully implemented into the organization.

Activities: Outputs:
3.1 Test the tailored tool.
  • Point factor method is implemented within the organization

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Onsite Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn’t enough, we offer low-cost onsite delivery of our Project Workshops. We take you through every phase of your project and ensure that you have a road map in place to complete your project successfully.

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