Prepare a short description of each of three methods of job evaluation, including each method’s main features, essential weaknesses, and a situation in which it would not be effective for a business.

There are generally three methods used for evaluating jobs:

Ranking.
Classification.
Point method.

Prepare a short description of each method, including your responses to the following:

What are the main features of each evaluation method? (In other words, what is a general description of each method?)
Examine each method by looking at its potential downside. What are the essential weaknesses in each of these evaluation methods?
Describe a situation in which each method would not be effective for a business. For example, when would ranking be either impractical or unfair? When would the point method be too complicated to be effective in evaluating work for creating a salary structure?