A. Money value
B. Ranking
C. Scale
D. None of the above
✅ The correct answer is option A.
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.
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.