Is the Jeans company to a point where it should set up a formal salary structure based on a complete job evaluation?

1. Compare and contrast the following methods of job evaluation: ranking, classification, factor comparison and point method. Which method (if any) do you recommend for the Jeans company? Why?

2. Is the Jeans company to a point where it should set up a formal salary structure based on a complete job evaluation? Why?

3. Is the policy of paying 10% more than the prevailing rates a sound one, and how could it be determined?

4. What would you do now with respect to a pay plan process at Jeans? Why?

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