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Ms. Deeb then explained how Point Factor Job Evaluation <br />works and its advantages: <br />APR 211988 <br />POINT FACTOR JOB EVALUATION <br />Summary <br />• Jobs evaluated in terms of common set of <br />job related factors <br />• Factors job related and tailored to IRC <br />mission, culture and pay philosophy <br />• Factors defined in terms of "degree" steps/levels <br />that span the range of the factor <br />• Factors weighted to reflect importance to IRC <br />• Factors statistically correI'.ted to market to <br />develop progression within factor <br />• Total point score determines relative position in <br />classification hierarchy <br />Advantages <br />• Process insures evaluation focuses on the <br />characteristics of the job rather than the <br />person <br />• Leads to a more objective evaluation of <br />the position <br />• Use of carefully chosen factors ensures <br />consideration of all dimensions of each job <br />• Effective in documenting and communicating <br />results <br />• Point values provide perspective on degree of <br />difference among jobs <br />• Provides consistent framework within which to <br />maintain the classification and pay plans <br />5 <br />BOpK 72 PAGE 138 <br />