Final answer:
Job evaluation is the hierarchy of all jobs based on value to the organization which provides the basis for the pay structure.
Step-by-step explanation:
The correct answer is d) Job Evaluation.
Job evaluation is the process of determining the relative value of different jobs within an organization. It involves analyzing job roles and responsibilities, as well as the skills, qualifications, and experience required for each job. The results of a job evaluation help establish a pay structure by ranking jobs according to their value to the organization.
Speaking about job satisfaction, research suggests that the work-content factor, which includes variety, difficulty level, and role clarity of the job, is the most strongly predictive factor of overall job satisfaction. This contrasts with the notion that financial rewards are the strongest factor, as they have only been shown to have a weak correlation with job satisfaction.
Furthermore, job analysis is a critical tool in understanding the requirements of a position, typically employing methods such as observation, surveys, and interviews to gather information. The reliability of job analysis can vary, with some research indicating that analyses based on descriptions from jobholders may be less reliable compared to other sources.