Human Resource Management

Topic: Job Evaluation

Presented To: Khawaja Imran Presented By: M.Hashaam Roll No. : AM552381 Class: MBA ( B&F ) 1st Semester
Allama Iqbal Open University ASC: Punjab Computer College, Garhishao, Lahore

Acknowledgment
First of all thanks of Allah who is most beneficent and the most merciful whose blessings are abundant and favors are unlimited. It is my pleasure to acknowledge the guidance and support of my subject Teacher: Mr. Khawaja Imran for her endless guidance. I would also like to acknowledge Pharma Health Pakistan (PVT) Ltd..

An Abstract
Job Evaluation is a systematic way of determining the value or worth of a job in an organization. It should be seen as integral part of organizations procedures for assessing jobs and establishing a fair pay structure. In Pharma Health Pakistan job evaluation is conducted under factor comparison method.

Introduction to Job Evaluation

When we establishing pay rates, in this process we conduct Job Evaluation after Salary Survey.
It plays important role for establishing strategic pay plans and assessing jobs.

Introduction to Job Evaluation cont...

Definition of Job Evaluation

A systematic comparison done in order to determine the worth of one job relative to another.
The basic procedure is to compare the jobs in relation to one another for example, in terms of required effort, responsibility, and skills.

Preparing for Job Evaluation

Job Evaluation is a judgmental process and demands close cooperation among supervisors, HR specialists, and employees and union representatives. The main steps include: 1. Identifying the need 2. Getting cooperation 3. Choosing an evaluation committee

Methods of Job Evaluation

There are five methods of Job Evaluation: 1. Ranking Method
Obtain Job Information Select and group jobs Select compensable factor Rank Jobs Combine rating

Methods of Job Evaluation cont..

2. 3. 4. 5.

Job Classification Point Method Factor Comparison Computerized Job Evaluation

Case Study
Job Evaluation of

Pharma Health Pakistan (PVT) Ltd.

Introduction of Pharma Health

(PVT) Ltd.

Pharma Health was founded in 2003 by a seasoned management team with extensive experience in early stage Health Care companies.
About Company:

Pharma Health is the market leader in field of dermatology. It is covering almost the major therapeutics in the field of dermatology and serving the nation by leaps and bounds.

Mission of Pharma Health

Mission Statement

(PVT) Ltd.

To improve the quality of life for patients around the world through the manufacturing and distribution of trusted and branded pharmaceuticals in all the therapeutic segments. By developing quality Pharmaceuticals specially designed for the ailing community in the countries like sub continent and Africa, we can solace the pain and trauma of our fellow beings and considerably at an affordable price.

Job Evaluation in Pharma Health

In Pharmaceutical industry Job Evaluation for field force play an important role.

In Pharma Health Pakistan (PVT) Ltd. job evaluation is playing vital role to get goals and objectives set by management.

Job Evaluation in Pharma Health

Method used for Job Evaluation in Pharma Health:

Factor Comparison
In Pharma Health factor comparison is used for Job Evaluation. In this method management set Target as compensable factor and then compare the jobs according to compensable factor.

Value Chain in Pharma Health

Analysis

SWOT

Strengths

Strengths
Achieve Set Target Satisfaction of Employer and Employees More Profit

WEAKNESSES

Lack of New Technology Termination of Employees

Weaknesses

Opportunities Get Objectives and Goals

Threats

Threats
oComputerized Job Evaluation

Conclusion
In Pharma Health Pakistan satisfaction of Management and Employees indicates that their Job Evaluation is working affectively as well as efficiently.

Recommendations
After Study and analyze, I will recommend that in Pharma Health Pakistan, Job Evaluation should be computerized according to modern techniques.

Questions