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ranking method

1. in industrial and organizational settings, a method of evaluating jobs for the purpose of setting wages or salaries; jobs are ranked according to their overall value to the company. The advantage of the method is that it is fast and simple; the disadvantage is that such whole-job comparisons tend to be subjective and become more difficult as the number of jobs in the organization increases. Compare classification method; factor-comparison method; job-component method; point method.

2. an employee comparison technique in which the employees in a selected group are ranked from the highest to the lowest on one or more criterion dimensions.

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Psychology term of the day

December 23rd 2024

criminal commitment

criminal commitment

the confinement of people in mental institutions either because they have been found not guilty by reason of insanity or to establish their competency to stand trial as responsible defendants.