Question

Ramon inc., a software company, uses job evaluations to establish the value of its jobs in terms of criteria such as their difficulty and their importance to the organization. the company then compares the evaluation points awarded to each job with the pay for each job. if jobs have the same number of evaluation points, but are not paid equally, the pay of the lower-paid job is raised. based on the scenario, identify the policy adopted by the company.

Answer 1

The best answer for this would be:

Merit Pay Policy

This policy relies on the evaluation of works and how they did well on the past projects. It is based on the company’s criteria whether they’ll raise the salaries of that employee or not, though it is solely a performance-related policy.