Explain performance-related-reward, HR Management

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Question 1:

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

(b) What are the considerations that are taken into account in developing a performance appraisal system?

Question 2:

Performance Management is beneficial to the Organisation only. Discuss.

Question 3:

(a) What is Reward Management and describe its main objectives from an organisation perspective.

(b) Explain ‘Performance-Related-Reward" and briefly describe three Reward schemes.

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