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Job evaluation method in which the relative worth and pay structure of different jobs are based on an assessment of their capacity and their relationship to other jobs within the organization.

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Job-content-based job evaluation
Job-market-based job evaluation

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Final answer:

The job-content-based job evaluation assesses the worth and pay of jobs based on factors like work content and effort, and is more predictive of job satisfaction than pay level alone. Job satisfaction is gauged through various methods, with performance appraisals being significant yet influenced by organizational culture and implementation.

Step-by-step explanation:

Job Evaluation Methods and Satisfaction

The job evaluation method where the relative worth and pay structure of different jobs are based on an assessment of their work content, effort, and their relationships within the organization is referred to as a job-content-based job evaluation. This method considers the variety, difficulty level, and role clarity of the job, as well as other factors. While compensation is a component of job evaluation, research has shown that there is a weak correlation between pay level and job satisfaction. Instead, factors such as the work-content are more strongly predictive of overall job satisfaction.

Organizations often measure job satisfaction through observation, surveys, and interviews. These tools help to capture the thoughts and feelings of employees regarding their work. Performance appraisals are another key tool, although their effectiveness can be influenced by an organization's culture and the correct use of appraisal systems.

While assessing job satisfaction, it's important to recognize that both cognitive and emotional factors play a role. The effectiveness of instruments used to measure job satisfaction continue to be a topic of research, illustrating the complexity of factors that contribute to an individual's contentment at work.

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