Article ID: | iaor2002140 |
Country: | Netherlands |
Volume: | 40 |
Issue: | 3 |
Start Page Number: | 259 |
End Page Number: | 272 |
Publication Date: | Jul 2001 |
Journal: | Computers & Industrial Engineering |
Authors: | Garcia-Diaz Alberto, Das Biman |
A computer-aided statistical procedure based on standard measures of central tendency, dispersion and correlations was developed to identify meaningful compensable factors and scales in a point job evaluation plan. The procedure specifically examines the degree of field overlapping between factors, their ability to be reliable wage indicators, as well as their ability to discriminate among jobs. To facilitate the execution of the statistical procedure a computer program was written in Visual Basic. The use of the proposed methodology was demonstrated by means of a case or sample problem.