Performance Appraisal & Compensation
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Transcript of Performance Appraisal & Compensation
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DefinationApplication of
Results
Potential
Benefits
Potential
Complications
Method of
Collecting Data
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DEFINATION
Job
Performance
Manage &
Align
Others
Productivity
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Applications
of results
Employment
Decisions
Criteria in
research
Aid to
communica
-tion
Establish
Personal
Objectives
for training
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Aid in keeping
track of
decisions &
legal
requirements
Formulation of
job criteria &
selection of
individuals
Application
of Results
Wage & Salary
Administration
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Potential Benefits
Enhancement of Employee Focus
through promoting Trust
Goal setting &
desired performance
reinforced
Performance
Improvement
Facilitation of
Communication
Determination of
training needs
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Potential
Complications
Detrimental to
quality Improvement
Negative Perception
Errors
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Potential
Complications
Legal Issues
Performance
Based PayPerformance
Goals
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Methods of Collecting
Data
Peer & Self
Assessment
Judgmental
Evaluation
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Judgmental
Evaluations
Graphic Rating
Scale
Employee
Comparison
Method
Peer & Self
Assessments
Self
Assessment
360 degree
feedback
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Nature
Insurance
Providing
wage
replacement
& medical
benefits
Compensation
for economic
loss
Reimbursement
of medical & like
benefits
Benefits paid to
dependents of
workers killed in
employment
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Approaches to International
Compensation
The
balance
sheet
approach
The
going
great
approach
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