Describe performance- related-pay schemes, HR Management

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Question 1:

(a) Explain ‘Performance-Related-Pay' and what are its advantages and disadvantages?

(b) Describe three Performance- Related-Pay Schemes.

Question 2:

(a) Explain Performance Appraisal and what are its objectives from an Organisation viewpoint?

(b) What are the factors that are considered in developing a performance appraisal system?

(d) What are the factors that lead to the failure of a performance appraisal scheme?

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