What method is used to establish the value of a job by comparing it to all other jobs within an organization?

The method used to establish the value of a job by comparing it to all other jobs within an organization is known as Job Worth. This approach typically involves evaluating each job’s responsibilities, requirements, and contributions to the organization's overall goals. By comparing jobs within the organizational structure, it helps ensure equitable compensation and establishes a hierarchy based on the perceived value of each job relative to others.

Job Worth assessment often includes analyses such as job grading or point-factor systems, allowing organizations to systematically determine compensation structures and ensure that similar positions are compensated fairly. This method is essential in maintaining internal equity and supporting the organization's objectives regarding talent acquisition and retention.

The other methods, such as Job Specification, which outlines the skills and qualifications needed for a specific position, or Job Posting, which involves advertising an open position, do not focus on the comparative evaluation of job value. Job Title simply refers to the name of a position and does not provide any information about the job's relative worth within an organization.