No. of Recommendations: 9
"The Hayes method, formally known as the Hay Guide Chart-Profile Method, is a job evaluation system that assesses the relative value of different roles within an organization to determine appropriate compensation levels. It focuses on three primary factors: Knowledge, Problem Solving, and Accountability. These factors are further broken down into sub-factors, with each job assigned a point value based on its characteristics within these categories. The point values are then used to establish a hierarchy of jobs and inform compensation decisions."
Oh baloney. You pay people what you think they have to be paid not to go to a competitor, and (pass/fail) whether their continued employment is important to the corporation. Full stop.
There are exceptions, like when your wife’s brother has to have an income even though he’s basically useless, or when the zoning commissioner’s wife could be very important to your expansion plans, but absent those (and other) unique situations, somebody who sits around and “determines appropriate compensation levels based on knowledge, problem solving, and accountability” are called Human Resource Managers. I thought we got rid of all of those a dozen or so years ago after realizing that they had no idea how business worked.
