Q93
In Factor Comparison method, each factor is ascribed a
A.
Money value
AnswerB.
Ranking
C.
Scale
D.
None of the above
Answer: Option A
Solution
Answer: Option A
Solution:
In Factor Comparison method, each factor is ascribed a Money value. Factor comparison is systematic and scientific method designed to carry out job evaluation which instead of ranking job as a whole, ranks according to a series of factors. The aim of factor comparison is to assign financial value to the relative parts of each job role.