Which method involves subjectively comparing jobs to determine overall worth?

The ranking method is designed to evaluate jobs based on their overall worth relative to one another. This subjective approach involves assessing jobs and then arranging them in order from highest to lowest based on predetermined criteria, which may include factors such as responsibility, complexity, and required skills.

In the ranking method, the focus is on a holistic view of the jobs rather than detailed numerical assessment. This means that the evaluation process relies heavily on the judgment of those conducting the comparisons, allocating an ordinal value to each job as they perceive its importance within the organization.

Other methods like the point method and factor comparison method involve more structured analytical frameworks that assign numerical values to specific job factors, leading to a more quantifiable outcome. Similarly, the classification method categorizes jobs into predefined groups based on established criteria. However, the uniqueness of the ranking method lies in its simplicity and subjective nature, making it an effective approach for organizations that prefer a straightforward assessment process.