Describe the Features of Hybrid Models of Evaluation

question 22

Essay

Describe the features of hybrid models of evaluation.

Distinguish between job evaluation and job analysis.

Identify factors that contribute to the perception of pay inequity among employees.

Know the simplest job evaluation method.

Learn the role of benchmark jobs in setting up pay grades.

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Definitions:

Operational Decision

Decisions made to manage day-to-day activities of an organization, affecting its efficiency and effectiveness.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Transportation

Refers to the movement of goods or people from one location to another, typically involving vehicles such as trucks, ships, and planes.

Dabbawalas

A lunchbox delivery and return system in Mumbai, India, known for its low cost and high reliability.