Explain the methods of job evaluation.

Job evaluation is a systematic process used by organizations to determine the relative worth of different jobs within the company. It helps in establishing a fair and equitable pay structure by assessing the value of each job based on factors such as skill requirements, responsibilities, and working conditions. There are several methods of job evaluation, each with its own advantages and limitations:

1. Ranking Method:
   - In this method, jobs are ranked based on their perceived value or worth to the organization.
   - A committee of experts or supervisors compares jobs and arranges them in order of importance or _________ ________ __________ _______ _________ ____ ______ _____.
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