Download - Ibm ppt
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PERFORMANCE APPRAISAL &
COMPENSATION
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PERFORMANCE APPRAISAL
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Defination
Application of Results
Potential Benefits
Potential Complicatio
ns
Method of Collecting
Data
PERFORMANCE APPRAISAL
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PERFORMANCE APPRAISAL
DEFINATION
JobPerformance
Manage & AlignOthers
Productivity
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Applications of results
PERFORMANCE APPRAISAL
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Aid in keeping track of
decisions & legal
requirements
Formulation of job
criteria & selection of individuals
Application of
Results
Wage & Salary
Administration
PERFORMANCE APPRAISAL
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PERFORMANCE APPRAISAL
Potential Benefits
Enhancement of Employee Focus through promoting Trust
Goal setting & desired performance
reinforced
Performance Improvement
Facilitation of Communication
Determination of training needs
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Potential Complicatio
ns
Detrimental to quality
Improvement
Negative Perception Errors
PERFORMANCE APPRAISAL
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PERFORMANCE APPRAISAL
Potential Complications
Legal Issues
Performance Based Pay
Performance Goals
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PERFORMANCE APPRAISAL
Methods of Collecting Data
Peer & Self Assessment
Judgmental
Evaluation
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Judgmental Evaluations
Graphic Rating Scale
Employee Comparison Method
PERFORMANCE APPRAISAL
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COMPENSATION
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Nature
Statutory Compensation law
Approaches to International
Compensation
COMPENSATION
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Nature
Insurance Providing wage replacement &
medical benefits
Compensation for economic loss
Reimbursement of medical & like benefits
Benefits paid to dependents of
workers killed in employment
COMPENSATION
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COMPENSATION
Statutory Compensati
on Law
Schedule is drawn of the amount of compensation for
the employee
Employers can Buy Insurance against such
injuries
Statutes often award a set
amount based on the type injuries
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COMPENSATION
Approaches to International Compensation
The balance sheet
approach
The going great
approach
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THE END