Valuing Roles: How to Establish Relative Worth

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Kogan Page Publishers, Feb 3, 2008 - Business & Economics - 336 pages
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Valuing Roles gives you practical advice on how to determine employee worth, as well as how to structure and implement approaches that recognize it. The book highlights the benefits and risks of the different approaches your organization can use, putting job evaluation into perspective and demonstrating how it links to other people, pay-related processes, systems and policies, ensuring a transparent framework for talent management. Written by two highly experienced practitioners, Michael Armstrong and Ann Cummins, the book thoroughly examines the 'why' and 'how' behind the concept, giving you: advice and techniques to help you to measure the relative value of people; a practical methodology for ensuring fair and equitable outcomes at all levels in your organization; and highly topical coverage of critical issues including equal pay and market pricing. Valuing Roles uses the latest research on this hugely important topic, including an analysis of a 2007 job evaluation survey carried out by e-reward. The theory is supported by a wide range of international case studies, as well as checklists, templates and flowcharts to help you determine the relative worth of jobs or individuals in your organization.
 

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Contents

Introduction
1
Part 1 The Process ofRole Valuation
5
approachesand issues
6
methodology
25
Part 2 Developing Job Evaluation
47
3 Choice of approach
48
4 Developing a formal job evaluation scheme
68
5 Rollingout implementing and maintaining job evaluation
103
13 Job evaluation in action
248
14 Case studies in job evaluation
268
Chichester College
269
The Crown Prosecution Service
271
Rencol Tolerance Rings
274
Stockport Council
277
Syngenta
280
15 Trends and issues in role valuation
283

6 Designing a pointfactor job evaluation scheme
122
7 Designing a matching job evaluation scheme
141
8 Market pricing
159
9 Consultants schemes
170
Part 3 Applications of Role Valuation
185
10 Equal pay
186
11 Developing grade and pay structures
203
12 International job evaluation
215
Part 4 The Practice ofJob Evaluation
247
Appendices
293
Appendix A Bibliography
294
Appendix B Example of pointfactor job evaluation scheme trade union
297
Appendix C Example of job questionnaire
303
Appendix D Example of a project plan for the development of an analytical matching scheme
307
Appendix E Example of an appeals procedure university
311
Appendix F Example of a job evaluation policy statement
315
Index
319
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