Which action is required to conduct a job evaluation using the point-factor method?

Conducting a job evaluation using the point-factor method involves several steps:

1. Job Analysis: The first step is to understand the job roles and responsibilities. This involves collecting job-related data including the tasks and responsibilities involved in a job, the conditions under which it is performed, and the necessary qualifications.

2. Factor Identification: Identify the key factors in the job that are important for its performance. These factors could include skills, effort, responsibility, and working conditions.

3. Factor Weighting: After identifying the factors, assign weights to them according to their importance. The more important a factor, the higher the weight it should be given.

4. Factor Evaluation: Evaluate each job against the identified factors. This involves assigning points to each factor based on the level of difficulty or importance.

5. Total Point Score: Add up the points for each factor to get a total point score for the job. The total point score gives an indication of the job's relative worth.

6. Job Classification: Based on the total point score, classify the jobs into various categories or grades.

7. Pay Structure: Finally, use the job classification to develop a pay structure. Jobs in the same grade should have similar pay ranges.