factor-comparison method

a method of evaluating jobs for the purpose of setting wage or salary levels in which positions are compared to certain benchmark jobs in terms of compensable job factors. The factors usually include mental requirements, skill requirements, physical requirements, responsibility, and working conditions. Compare classification method; Hay method; job-component method; point method; ranking method. See job evaluation.

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Psychology term of the day

November 22nd 2024

cold pressor pain test

cold pressor pain test

a test of pain produced by immersing a limb in iced water. Also called cold pressor test.