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Q. Show Criteria for performance measures?
Criteria for performance measures: performance measures should:
1 is related to the strategic goals and measures that are organizationally significant and drive business performance.
2 are relevant to the objectives and accountabilities to the terms and individuals concerned they are effective only if they are derived from statements of accountabilities.
3 focus on measurable outputs and accomplishments.
4 indicate the data or evidence that will be available as the basis of measurement.
5 be verifiable provide information that will confirm the extent to which expectations have been met.
6 are as precise as possible in accordance with the purpose of the measurement and the availability of data.
7 provide a sound basis for feedback and action.
8 are comprehensive.
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Effective HRM depends upon sound reward system
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