Final answer:
Using the ranking method in job evaluation leads to a job hierarchy by listing jobs based on various criteria. Polarization is the growing disparity in employment levels, while in a meritocracy, job satisfaction is more influenced by the nature of work rather than pay.
Step-by-step explanation:
When using a job evaluation method, such as the ranking method, it eventually results in a job hierarchy. The ranking method involves ordering jobs based on a criterion or criteria deemed important by a company, such as skill level, importance to the company's mission, or responsibilities. This organized list of jobs helps to establish a pay scale and relative value of positions within a company.
The practice where the differences between low-end and high-end jobs become greater and the number of people in the middle levels decreases is known as polarization. In the United States workforce, evidence of a meritocracy can include the reality that highly skilled jobs pay better than low-skill jobs. Additionally, the most strongly predictive factor of overall job satisfaction is the work content of a job, including variety and role clarity. The principle that people who do jobs requiring the same level of skill, training, or education should receive equal pay is fundamental to fair labor practices.