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Point Factor Method-Temp

The document outlines 15 compensable factors used to evaluate jobs and determine appropriate salary levels. These factors are grouped into categories of knowledge and skills, responsibility, and job conditions. Points are assigned to each factor based on the requirements of the job to determine an overall job score. Higher scores correspond to higher degrees of factors like experience, complexity, decision-making authority, and accountability. The job score can then be mapped to a salary scale or used comparatively between roles to establish internal equity.

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Adnan Khan
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100% found this document useful (1 vote)
337 views25 pages

Point Factor Method-Temp

The document outlines 15 compensable factors used to evaluate jobs and determine appropriate salary levels. These factors are grouped into categories of knowledge and skills, responsibility, and job conditions. Points are assigned to each factor based on the requirements of the job to determine an overall job score. Higher scores correspond to higher degrees of factors like experience, complexity, decision-making authority, and accountability. The job score can then be mapped to a salary scale or used comparatively between roles to establish internal equity.

Uploaded by

Adnan Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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MOUA

Compensable Factors Descriptions 1st 2nd

1. Technical Knowledge 5 10

2. Management on the job exp 5 10

3. Experience 20 40

4. Complexity of Work 5 10
Knowledge & Skills
5. Span of control / Reporting relationships 5 10

6. Thinking challenge / Analytical skills 5 10

7. Planning & Organizing 8 16

8. Communication skills 8 16
9. Responsibility for Objectives, Policies & 8 16
Procedures & Degree of influence over the same

10. Responsibility for Accuracy of Records & 5 10


Reports
Responsibility 11. Responsibility for Confidential Information 8 16

12. Responsibility for Decision and Action 5 10

13. Responsibility for Research and Development 3 6

14. Working conditions & enviorment 5 10

Job Conditions
15. Work related travel requirements (Domestic & 5 10
International)

100 200

Explain
degree
level
objectively
3rd 4th 5th Degrees 1st 2nd 3rd 4th 5th

15 15 25 Vocational High School Graduate Masters PHD

15 15 25 0 - 2 yrs 3 - 5 yrs 6 - 8 yrs 9 - 12 yrs 12 - 15 yrs

60 60 100 0 - 2 yrs 3 - 5 yrs 6 - 8 yrs 9 - 12 yrs 12 - 15 yrs

High to extra
15 15 25 Low Low to Medium Medium to High High Extra - Ordinary

15 15 25 NA 1 - 5 staff 5 - 15 staff 15 - 30 staff 30 - 50 plus staff

15 15 25 Low Low to Medium Medium to High High Extra - Ordinary

24 24 40 Low Low to Medium Medium to High High Extra - Ordinary

24 24 40 Basic Intermediate Good Advanced Expert

24 24 40 NA Own Unit Multiple Units Department Division

Error less Error less than


15 15 25 than 5% Error less than 4% Error less than 3% 2% Error less than 1%

24 24 40 Low Low Medium Medium Medium High High

15 15 25 NA Low Low Medium Medium High

9 9 15 Basic Intermediate Good Advanced Expert

Normal - Considerable -
Limited - Moderate - Out door - Exterme Conditions
15 15 25 Office /
Outdoor / Factory Outdoor / Factory Extensive /
Factory
Factory

Frequent Domestic
15 15 25 No Travel Occasional Regular Frequent
& International

300 300 500 0 0 0 0 0


Factors Compensable Factors

1. Technical Knowledge

2. Hands on Experience same job

3. Experience

4. Complexity of Work

5. Span of control / Reporting relationships


Knowledge & Skills

6. Thinking challenge / Analytical skills

7. Planning & Organizing

8. Communication skills

9. Responsibility for Objectives, Policies &


Procedures & Degree of influence over the same
10. Responsibility for Accuracy of Records &
Reports

11. Responsibility for Confidential Information


Responsibility

12. Responsibility for Decision and Action

13. Responsibility for Research and Development

14. Working conditions & enviorment


Job Conditions
15. Work related travel requirements (Domestic &
International)
actors Descriptions

Knowledge of learned concepts required to effectively perform the technical/functional


responsibilities of the job position

job Knowledge gained from the projects handled in previously held roles

Knowledge gained from the projects handled in previously held roles

Physical (Labour) and mental (intelligence & creative thinking ability) effort required to
perform the given tasks.

g relationships It looks at scope of organization under control

Thinking Challenge includes the nature of the problems encountered and the mental
ytical skills
processes used to resolve the problems.

Tthe degree of forward thinking required for performing functions of varying scope in
the presence or absence of procedural control and guidance.

Communication skills required to exchange information, opinions, advice and ideas


with others and to influence, persuade and reach agreement with others.

ves, Policies & Influence of the position on the formulation of objectives, policies and procedures on
ce over the same the one hand
y of Records & Checking of records and reports and the probable result of errors which the job-holder
is responsible for preventing

Nature and frequency of exposure of an position to confidential information, records,


ntial Information
or reports such as payroll, personnel folders

Responsibility for Decision and Action measures scope of decision making vested in the
and Action
job-holder

Research and development (R & D) activities underpinned by appropriate methodology


h and Development
and documentation, including formal testing or evaluation of products

Type of environmental conditions that impact on the job and the typical frequency in
orment
which the work is performed under these conditions.
ements (Domestic &
Frequency of work related requirements locally and international
Salary slope *

x y
x = point value
y= market value External
Positions JOB POINTS (X Axis) MARKET MEDIAN SALARY *(Y axis)
HR Manager 370
350,000
Manager Finance 290
400,000
Sales Manager 365
225,000
Manager IT 290
350,000
Manager Marketing 340
300,000
SEO Team lead 310
150,000
AM Agency Ops 250
125,000
Manager Production 345
240,000

Branch Operations Manager 225


50,000

Salary
slope 1239.0237251159 556.68016194332
intercept -140075.674938642 89362.3481781377

Job A 318363.103354241 860.440819876326

Salary Range

Position Min Market Median Estimated salary


HR Manager 200,483 250,604
Manager Finance 177,523 221,904
Sales Manager 196,657 245,821
Manager IT 139,257 174,071
Manager Marketing 177,523 221,904
SEO Team lead 154,563 193,204
AM Agency Ops 108,644 135,804
Manager Production 181,350 226,687
Grading Structure
Positions JOB POINTS (X Axis)
HR Manager 370
Sales Manager 365
Manager Production 345
Manager Finance 340
Manager Marketing 340
SEO Team lead 310
Manager IT 290
AM Agency Ops 250
point value + intercept

Estimated salary - external


ESTIMATED SALARY - internal ESTIMATED SALARY

318,363 (31,637)

219,241 (180,759) (180,759) (7,758) 94,022

312,168 87,168

219,241 (130,759)
Internal Equity
281,192 (18,808) 219,241 Point factor
External Equity
244,022 94,022 400,000 Salary Survey
Individual Equity
169,680 44,680 150,000 current salary
Affordability Equity
287,388 47,388 180,000 finance budget

Regulatory Equity
45,000 (5,000) NA

Max
313,255
277,380
307,276
217,589
277,380
241,505
169,756
283,359 Grade
100 - 200 O
200 - 250 AM
251 - 300 DM
Grade 310 - 400 M
M
M
M
M
M
M
DM
AM
Scatter Plot
450,000

400,000 400,000

350,000 350,000 350,000

300,000 f(x) = 1239.0237251159 x − 140075.674938642 300,000


R² = 0.281883946475594
250,000
240,000

200,000
225,000
150,000 150,000
125,000
100,000

50,000 50,000

-
200 220 240 260 280 300 320 340 360 380

Job Points
Customer Care Manager 310 250-300 Manager MR M1

Training Manager 300 250-300 Manager MR M1

Assistant Boutique Manager 285 250-300 Manager MR M1

Boutique Manager 255 250-300 Manager MR M1

Gemmologist 230 200-249 AM AMR M3

Marketing Executive 230 200-249 AM AMR M3

Merchandising Project Manager 225 200-249 AM AMR M3

Sales Consultant 220 200-249 AM AMR M3


9

8
Compensable Factors

1. Technical Knowledge

2. Hands on Experience same job

3. Experience

4. Complexity of Work

Knowledge & Skills


5. Span of control / Reporting relationships

6. Thinking challenge / Analytical skills

7. Planning & Organizing

8. Communication skills

9. Responsibility for Objectives, Policies & Procedures


& Degree of influence over the same

10. Responsibility for Accuracy of Records & Reports

Responsibility
11. Responsibility for Confidential Information

12. Responsibility for Decision and Action

13. Responsibility for Research and Development


14. Working conditions & enviorment

Job Conditions

15. Work related travel requirements (Domestic &


International)

Compensable Factors

1. Technical Knowledge

2. Hands on Experience same job

3. Experience

Knowledge & Skills

65% 4. Complexity of Work

5. Span of control / Reporting relationships

6. Thinking challenge / Analytical skills

7. Planning & Organizing

8. Communication skills

9. Responsibility for Objectives, Policies & Procedures


& Degree of influence over the same

10. Responsibility for Accuracy of Records & Reports


Responsibility
11. Responsibility for Confidential Information
25%
Responsibility

25%
12. Responsibility for Decision and Action

13. Responsibility for Research and Development

14. Working conditions & enviorment


Job Conditions

10% 15. Work related travel requirements (Domestic &


International)
Weightag
Degree Degree
e

1st 2nd 3rd 4th 5th % 1st 2nd

Vocational High School Graduate Masters PHD 10% 10 20

0 - 2 yrs 3 - 5 yrs 6 - 8 yrs 9 - 12 yrs 12 - 15 yrs 5% 5 10

0 - 2 yrs 3 - 5 yrs 6 - 8 yrs 9 - 12 yrs 12 - 15 yrs 10% 10 20

Low to Medium to High to extra Extra - Ordinary


Low
Medium High High
5% 5 10

NA 1 - 5 staff 5 - 15 staff 15 - 30 staff 30 - 50 plus staff 5% 5 10

Low to Medium to
Low
Medium High
High Extra - Ordinary 10% 10 20

Low to Medium to
Low
Medium High
High Extra - Ordinary 10% 10 20

Basic Intermediate Good Advanced Expert 10% 10 20

Multiple
NA Own Unit
Units
Department Division 5% 5 10

Error less Error less Error less Error less Error less than
than 5% than 4% than 3% than 2% 1%
5% 5 10

Medium
Low Low Medium Medium High High 5% 5 10

NA Low Low Medium Medium High 5% 5 10

Basic Intermediate Good Advanced Expert 5% 5 10


Considerable
Normal - Limited - Moderate - - Out door - Exterme
Office / Outdoor / Outdoor / Extensive / Conditions 5% 5 10
Factory Factory Factory Factory

Frequent
No Travel Occasional Regular Frequent Domestic & 5% 5 10
International

100% 100 200

Degree

% 1st 2nd 3rd 4th 5th

10% 10 20 30 40 50

5% 5 10 15 20 25

10% 10 20 30 40 50

5% 5 10 15 20 25

5% 5 10 15 20 25

10% 10 20 30 40 50

10% 10 20 30 40 50

10% 10 20 30 40 50

5% 5 10 15 20 25

5% 5 10 15 20 25

5% 5 10 15 20 25
5% 5 10 15 20 25

5% 5 10 15 20 25

5% 5 10 15 20 25

5% 5 10 15 20 25

100 200 300 400 500


Degree

3rd 4th 5th

30 40 50 1. Techni 2. Hands
Job cal on 3. Experi
Knowledge Experience ence
same job
15 20 25

30 40 50

15 20 25 Finance Manager 40 15 40

15 20 25 Branch Operations Ma
30 20 5

30 40 50 HR Manager
40 15 10

30 40 50

30 40 50

15 20 25

15 20 25

15 20 25

15 20 25

15 20 25
15 20 25

15 20 25

300 400 500


9.
Responsibi
lity for 11. 13.
5. Span 6. Objectives, 10. Responsibi 12. Responsibi
4. Compl of control / Thinking 7. 8. Policies & Responsibi lity for Responsibi lity for
exity of Reporting challenge / Planning & Communic Procedure lity for Confidenti lity for Research
Work relationshi Analytical Organizing ation skills s & Degree Accuracy al Decision and
ps skills of of Records Informatio and Action Developm
influence & Reports n ent
over the
same

15 15 20 25 30 15 15 20 10 15

15 10 30 10 30 20 5 25 10 5

15 15 40 30 40 20 20 25 15 15
15. Work
related
14. travel
Working requireme
conditions nts
& (Domestic
enviormen &
t Internation
al)

Points

5 10 290

225
5 5

330
20 10
2. Hands 5. Span 6.
1. Techni on 3. Experi 4. Compl of control / Thinking
S.No. Positions cal Experience ence exity of Reporting challenge /
Knowledge same job Work relationshi Analytical
ps skills

Customer
1 Care
Manager

Academy
2 Training
Manager
Responsibi 15. Work
lity for 10. 11. 13. 14. related
Objectives, Responsibi Responsibi 12. Responsibi Working travel
7. 8. Policies & lity for lity for Responsibi lity for conditions requireme
Planning & Communic Procedure Accuracy Confidenti lity for Research & nts
Organizing ation skills s & Degree of Records al Decision and enviormen (Domestic
of & Reports Informatio and Action Developm t &
influence n ent Internation
over the al)
Job Ranking
Positions Total
Boutique Manager 310
Customer Care Manager 300
Marketing Executive 285
Gemmologist 255
Academy Training Manager 230
Merchandising Project Manager 230
Assistant Boutique Manager 225
Sales Consultant 220

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