Job Evaluation: Your 2024 Guide [+ Free Template]

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Job evaluation is a complex but critical process in achieving pay equity. By comparing the responsibilities of each role within your organization, you will learn how to allocate wages fairly to remedy pay discrepancies. Not only do employees appreciate this, but it’s also good for business. Research has shown that companies that achieve pay equity are more likely to attract the right talent, meet financial goals, and effectively practice innovation.

In this article, we will explain what job evaluation is, discuss key methods of job evaluation, take you through the full job evaluation process, and share some job evaluation examples.

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