What is Job Classification?
Job classification is a system that is designed to classify all jobs within a company and put them on a standardized scale based on the overall tasks, responsibilities, duties, and pay level of a specific job. Grades or job classification levels are given to each job so that they can be properly and systematically organized and classified within the organization.
Why is Job Classification important?
- Helps with recruitment
- Helps in designing and developing standards for performance and appraisals
- Helps in allocating responsibilities that are aligned to the company mission and vision
- Helps in identifying career and growth paths in the organization
- Helps in establishing standards for compensation
