Essay On Job Classification

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Recommended: Economics IB definitons micro and macro

RECRUITMENT PROCESS

Job classification is to group job positions and then value them in a fair and transparent manner according to various functions as well as geographically.
Job titling is to provide a title to each job classification in order to define and recognise the responsibility and level of the position.
At ArcelorMittal, they use a customised statistical tool known as the LDA methodology which rates the function of the job, its content and the responsibility involved.
Factors such as value added by a given business area, scope of function covered by the position, level of skill and professional know-how, geographical scope of the position – regional, national or global, autonomy – reporting levels and several Macro and Micro-economic environmental accountabilities and challenges are considered to obtain a numerical value termed ‘JOB POINTS’, based on which jobs are then classified.
After this step an evaluation is carried out by the current incumbent and the manager in order to have a detailed understanding of the position. A report is then prepared on the...

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