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Master of Business Administration Sem 1 Human Resource Management Assignment Set- 1

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Master of Business Administration Sem 1 Human Resource Management Assignment Set- 1
Master of Business Administration Sem 1
Human Resource Management
Assignment Set- 1
Q1.What are the objectives of job evaluation?
Answer : Objectives of Job Evaluation
The decision to measure or rate jobs should only be made with the intent to reach certain objectives which are important to both management and the employee. Although there are many side benefits of job evaluation, the purpose is to work towards a solution of the many wage and compensation related administrative problems which confront the industry. The below-mentioned are some of the important objectives of a job evaluation program: 1. Establishment of sound salary differentials between jobs differentiated on the skills required. 2. Identification and elimination of salary-related inequities. 3. Establishment of sound foundation for variable pay such as incentive and bonus. 4. Maintenance of a consistent career and employee growth policy/ guidelines. 5. In organizations with active unions, creation of a method of job classification, so that management and union officials may deal with major and fundamental wage issues during negotiations and grievance meetings. 6. Collection of job facts a. Selection of employees b. Promotion and transfer of employees c. Training of new employees d. Assignment of tasks to jobs e. Improving working conditions f. Administrative organization, and g. Work simplification.
There are many established methods to carry out job evaluation in a scientific manner. A four-fold system of classifying evaluation systems is presented here. Two are described as non-quantitative and two as quantitative. 1. Non-quantitative evaluation measures, a. The ranking system. b. The job-classification system. 2. Quantitative evaluation measures c. The point system. d. The factor-comparison system.

Q2.Explain the need for human resource planning.
Human Resource Planning is a mandatory part of every

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