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| Date post: | 20-Jan-2015 |
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2. Acknowledgment First of all thanks of Allah who is most beneficent and the most merciful whose blessings are abundant andfavors are unlimited.It is my pleasure to acknowledge theguidance and support of my subject Teacher: Mr. Khawaja Imran for herendless guidance.I would also like to acknowledge PharmaHealth Pakistan (PVT) Ltd.. 3. An AbstractJob Evaluation is a systematic way ofdetermining the value or worth of ajob in an organization. It should beseen as integral part of organizations procedures for assessing jobs and establishing a fair pay structure. In Pharma Health Pakistan job evaluation is conducted under factorcomparison method. 4. Introduction to Job EvaluationWhen we establishing pay rates, in this process we conduct Job Evaluation after Salary Survey.It plays important role for establishing strategic pay plans and assessing jobs. 5. Introduction to Job Evaluationcont... Definition of Job EvaluationA systematic comparison done in order to determine the worth of one job relative to another.The basic procedure is to compare the jobsin relation to one another for example, in terms of required effort, responsibility, and skills. 6. Preparing for Job EvaluationJob Evaluation is a judgmental processand demands close cooperationamong supervisors, HR specialists,and employees and unionrepresentatives. The main stepsinclude:1. Identifying the need2. Getting cooperation3. Choosing an evaluation committee 7. Methods of Job EvaluationThere are five methods of JobEvaluation:1. Ranking MethodObtain Job InformationSelect and group jobsSelect compensable factorRank JobsCombine rating 8. Methods of Job Evaluation cont..2. Job Classification3. Point Method4. Factor Comparison5. Computerized Job Evaluation 9. Case StudyJob Evaluation ofPharma HealthPakistan (PVT) Ltd. 10. Introduction of Pharma Health (PVT) Ltd.Pharma Health was founded in 2003 by a seasoned management team withextensive experience in early stageHealth Care companies.About Company: Pharma Health is the market leader in field of dermatology. It is coveringalmost the major therapeutics in thefield of dermatology and serving the nation by leaps and bounds. 11. Mission of Pharma Health(PVT) Ltd. Mission StatementTo improve the quality of life for patients around the world through the manufacturing and distribution oftrusted and branded pharmaceuticals inall the therapeutic segments. By developing quality Pharmaceuticalsspecially designed for the ailingcommunity in the countries like subcontinent and Africa, we can solace the pain and trauma of our fellow beings andconsiderably at an affordable price. 12. Job Evaluation in Pharma Health In Pharmaceutical industry Job Evaluation for field force play animportant role.In Pharma Health Pakistan (PVT) Ltd. job evaluation is playingvital role to get goals andobjectives set bymanagement. 13. Job Evaluation in Pharma HealthMethod used for Job Evaluation in Pharma Health: Factor ComparisonIn Pharma Health factor comparison isused for Job Evaluation. In this method management setTarget as compensable factor andthen compare the jobs according tocompensable factor. 14. Value Chain in Pharma HealthSWOTAnalysis 15. Strengths 16. StrengthsAchieve Set TargetSatisfaction of Employer and EmployeesMore Profit 17. WEAKNESSES 18. WeaknessesLack of New TechnologyTermination of Employees 19. OpportunitiesGet Objectives and Goals 20. Threats 21. ThreatsoComputerized Job Evaluation 22. Conclusion In Pharma Health Pakistan satisfaction of Managementand Employees indicates thattheir Job Evaluation isworking affectively as well asefficiently. 23. RecommendationsAfter Study and analyze, I willrecommend that in Pharma Health Pakistan, Job Evaluation should becomputerized according tomodern techniques. 24. Questions?
