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Personnel development: performance appraisal can help reveal the causes of good and poor employee performance. It thus helps the employee to overcome his weakness and improve his strengths so as to enable him to achieve the desired performance.
Improve supervision: the existence of a regular appraisal system tends to make the supervisors more observant of their subordinates because they know that will be expected periodically to fill out rating forms and would be called upon to justify their estimates. These improve supervision.
Question 1: Jeffrey Pfeffer (1998) wrote in his article on ‘Six dangerous myths about pay' in the Harvard Business Review: ‘People do work for money - but they work even more f
what are the implications of human resource planning for organization?
Training for different employees : The employees who are to be trained can be of different types and each type would require different types of training. 1. Unskilled workers
Q. Show Group incentive These are the incentive wage plans which motivate the group to produce more under Individual incentives plans. Bonus is paid to the workers on the basis
Compensation linked to shareholder value: Top management compensation in the U.S. firms is becoming increasingly as a new chief executive assumed office at Eastman Kodak in 1993,
Ask queExecutive Interview Learners gain insight into effective HRM by interviewing a practicing executive or entrepreneur who is responsible for recruiting, training and compensat
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Question : a) There are 3 models that prescribe different approaches for Strategic HRM. One of the models is the ‘High-performance model'. For the High-performance model of Str
Reflect and share what you have learned . Mentally apply new concepts to your work situation, actively seeking specific, real-life situations that could benefit from your new know
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