The third step in the factor-comparison method for job evaluation is:

A) selecting and defining the comparison factors to be used.
B) identifying benchmark or key jobs in an organization.
C) developing a job-comparison chart to display the benchmark jobs in an organization.
D) ranking the benchmark jobs in an organization on each compensable job factor.

Factor-Comparison Method

A job evaluation method that determines the relative value of a job by comparing it with factor levels in other jobs.

Job-Comparison Chart

A visual tool used to compare different jobs based on specific criteria, such as responsibilities and required skills.

Compensable Job Factor

Elements of a job that are considered when determining pay, such as skill level, effort, responsibility, and working conditions.