Job evaluation is done mainly on understanding the job position of a firm over the other firms in the same field. Job evaluation is done by analysing the salary and the different perks offered by the firm and matching that with the skills and requirements of the job. The job should have the required monetary benefit for the employee for utilizing his skills in the organisation.
The main factor that is considered while evaluating a job is the job description along with the job expectations. The person seeking the job must make sure that he is up to the mark to meet these requirements and that he is satisfied with the compensation he receives for the work delivered by him. The employer pays him accordingly. As the employer has done his part in job analysis the employee needs to meet these requirements for becoming part of the organisation.
Just as job analysis in HRM job evaluation is done to analyse the job and understand the requirements of that particular job. Job analysis is done to understand the difference between that particular job with another job in the same industry. Job is valued based on basic requirements and skills required for the particular job and the basic salary compensation provided for the utilisation of the skills.
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