The Hay Group Method is based on which of the following factors?

The Hay Group Method is designed to evaluate and rank jobs based on specific factors that align with the complexity and responsibilities of the roles within an organization. The correct choice identifies the factors as skill, problem-solving ability, accountability, and working conditions. Each of these elements plays a critical role in determining the overall value of a position within a company.

Skill refers to the capabilities and expertise required to perform the job effectively. Problem solving pertains to the job's requirement to navigate challenges and develop solutions. Accountability includes the degree to which the employee is responsible for outcomes and results, influencing their overall impact within the organization. Lastly, working conditions encompass the environment in which employees operate, which can affect job satisfaction and performance.

The combination of these factors in the Hay Group Method allows for a comprehensive assessment of positions, facilitating equitable pay structures and fostering clarity in job expectations. This method aids organizations in aligning compensation with the specific demands and contributions of roles, ensuring a fair and motivating work environment.