Describe performance-related-pay, HR Management

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Question 1:

(a) Describe ‘Performance-Related-Pay' and what are its advantages and disadvantages?.
(b) Explain three Performance- Related-Pay Schemes.
(c) Briefly outline the problems linked with the implementation of Performance-Related-Pay.

Question 2:

(a) Describe 360 degree Feedback and elaborate on its advantages and disadvantages.
(b) Explain the factors to be considered in developing 360 degree feedback?
(c) What are the criteria for the success of 360 degree Feedback?

Question 3:

(a) Define Performance Management and explain its benefits to an Organisation.

(b) Describe how Performance Management helps managers to manage employees performance.


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