An ex IIM , Kapil has come together with his classmates to start up a new venture into technology consulting. The project planning phase and infrastructure are almost ready and kickstart of the organization is just two months away. He is at the stage of planning for job description and job specification as well as compensation of the roles fixed for various functions. Define job evaluation. Recommend and elaborate a job evaluation technique to Kapil for this company.

An ex IIM , Kapil has come together with his classmates to start up a
new venture into technology consulting. The project planning phase and
infrastructure are almost ready and kickstart of the organization is
just two months away. He is at the stage of planning for job
description and job specification as well as compensation of the roles
fixed for various functions.

Define job evaluation. Recommend and elaborate a job evaluation
technique to Kapil for this company.