Job Evaluation - Scoring the Value of Jobs

Compensable Factors

are the most important characteristics of a given job, on which pay rates are established and relative worth evaluated. They are determined by their ability to further an organization’s strategy and relate directly to the work itself. The four major criteria most often used to measure jobs are skill, effort, responsibility and working conditions. 

Factor Weights

are assigned to each compensable factor in a job evaluation system to indicate its overall importance. Factor weights can be based on judgment or on statistical analysis.

Pay Equity Act

is a law intended to ensure that equal pay is provided to both male- and female-dominated jobs with the same value or worth to the employer. It is intended to address gender-based wage gaps.