Your organization will be using the factor comparison technique in their evaluations of job performance. You need to communicate what the factor comparison technique accomplishes as you’re the HR Professional for your organization. Which of the following best describes the factor comparison technique?
A. Factor comparison is an evaluation technique that involves the ranking of each compensable factor of each job.
B. Factor comparison is an evaluation technique that involves the ranking of each compensable factor of each job. A monetary value is assigned for each factor to determine its worth. Based on performance, historical information, andvalue this approach determines the importance and value of each job.
C. Factor comparison is an evaluation technique that involves the ranking of each compensable factor of each job. A monetary value is assigned for each factor to determine its worth. Based on performance, historical information, andvalue this approach determines a bonus structure for each job.
D. Factor comparison is an evaluation technique that involves the ranking of each compensable factor of each job. A monetary value is assigned for each factor to determine its worth. Based on performance, historical information, andvalue this approach determines a pay rate for each job.