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Chinese Journal of Management Science ›› 2009, Vol. 17 ›› Issue (2): 146-151.

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Study on Job Evaluation Based on Structural Equation Model

GU Xiao-yan1,2   

  1. 1. Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100190, China;
    2. Graduate University of Chinese Academy of Sciences, Beijing 100049, China
  • Received:2008-01-04 Revised:2009-03-05 Online:2009-04-30 Published:2009-04-30

Abstract: Job evaluation is the foundation of salary design.The factor-point method is the most common approach usedfor job evaluation.The main difficulty of this method is the objectivity of index weight.Mo reo ver,some evaluation elements are not directly measured.In this paper,the weights of evaluation ele menu are determined on the basis of structural equation model.First of all,the structural equation model of job evaluation is set up,and the relationship among the latent variables is measured by the measurement variables.Secondly,in order to enable the results of job evaluation external equity,the idea of benchmarking is used and the original industry data are acquired through the benchmarking method.Finally,through calculating the structural equation model,the path coefficient of every variable is obtained.Then,the weights of evaluation elements are decided.In the paper,the job evaluation method avoids the uncertainty brought by direct expert estimation,and reduces the subjectivity of evaluation.Therefore,the result of job evaluation is more accurate,reasonable and credible.

Key words: job evaluation, factor-point method, structural equation model, benchmarking method

CLC Number: