Download
weighting of factors and sub factors n.
Skip this Video
Loading SlideShow in 5 Seconds..
WEIGHTING OF FACTORS and Sub-Factors PowerPoint Presentation
Download Presentation
WEIGHTING OF FACTORS and Sub-Factors

WEIGHTING OF FACTORS and Sub-Factors

0 Views Download Presentation
Download Presentation

WEIGHTING OF FACTORS and Sub-Factors

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. Pay Equity Bureau WEIGHTING OF FACTORS and Sub-Factors

  2. Weighting What is weighting? • Weighting represents the value or importance given to each of the factors and subsequently sub-factors. • The value or importance depends on the organizations’ goals, objectives and mission.

  3. Considerations • There is no universal “weighting” • Should reflect the value of the organization • Should not discriminate against women or men

  4. How is it determined? • Determine what is valued by the organization • Discuss and agree on principles • Should groups of similar factors have equal weights? • Should the weighting of each factor be of sufficient size to be meaningful? (so that all individual factors add value)

  5. Guidelines • As a general rule, no sub-factor should be weighted at less than 5% or more than 15% • The total of the weights assigned to each factor equals 100% (=1000 points) • The total of the weight assigned to each sub-factor equals the weight assigned to the factor

  6. Factors The four key factors used to measure the value of the work are: skill, effort, responsibility and working conditions. For instance: • Qualifications • Responsibilities • Required Effort • Working Conditions

  7. Sub-Factors In order to conduct an exhaustive, balanced analysis, the four factors are broken down into 10 sub-factors, which will allow you to consider all of the important aspects of the work carried out

  8. Qualification The sub-factors for the Qualification factor are: • Education • Experience • Dexterity and Coordination

  9. Responsibility The sub-factors for the Responsibility factor are: • Accountability/Decision Making • Communication/Interpersonal Relations • Supervision

  10. Required Effort The sub-factors for the Required Effort factor are: • Intellectual Effort • Concentration and Sensory Attention • Physical Effort

  11. Working Conditions The sub-factor for the Working Conditions factor is: • Inconveniences and inherent risks

  12. Determining Weights of Factors

  13. Determining Weights of Sub-factors Reminder – As a general rule, no sub-factor should be less than 5% or more than 15%

  14. Arithmetic Progression Formula Once you have determined the weights for each sub-factor, you will be able to determine the value for each level within the sub-factor by using the following arithmetic progression formula:

  15. An example It has been determined that the Education sub-factor has been weighted at 14% (140 points). The level required for this job has been determined to be 1 and there are 7 levels within the sub-factor.

  16. Converting ratings into total points • The point value of each level will be used to determine the total point value of each job. • To ensure objectivity, compare all the rating decisions made to previous rating decisions of similar and/or related positions. • Further reassessment may be required if some jobs seem out of place.