The Hay Method has been applied to evaluate jobs in the UK for the last 30 years. The Hay method is based on the fact that to what extent a job contains the following three elements:
1. Know How
2. Problem Solving
3. Accountability
In addition to these, physical and environmental factors play a significant role.
Know How = Knowledge + Skills + Experience
It consists of three elements:
a. Planning
b. Communicating
c. Depth of Know How
For example, for a senior-level job, planning and communication traits should be present on the higher side of the scale.
Problem Solving: The extent to which a job requires problem-solving. It involves lots of thinking.
Accountability: The extent of answerability in a job.
All the above-listed factors are common for any job; the only difference is the extent of the presence of these factors in different jobs.
I just attempted this; if somebody can give a practical application example, it would be really helpful.
Regards,
Yogita