... called sub factors. Sub factors are statements that define the specific attributes of a job more precisely. The second subset of a factor definition involves the development of degrees or levels. These degrees or levels measure the specific amount of that factor which is required in the performance of the job. WEIGHTING AND RATING OF COMPENSABLE FACTORS Lott's point method: Lott recognized that the 15 compensable ... used the following five steps. 1.Identify and define the factors useful in describing the fundamental elements of general nature of all jobs under study 2.Weight the factors ...

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