PERFORMANCE APPRAISAL &

COMPENSATION

PERFORMANCE APPRAISAL

Defination

Application of Results

Potential Benefits

Potential Complicatio

ns

Method of Collecting

Data

PERFORMANCE APPRAISAL

PERFORMANCE APPRAISAL

DEFINATION

JobPerformance

Manage & AlignOthers

Productivity

Applications of results

PERFORMANCE APPRAISAL

Aid in keeping track of

decisions & legal

requirements

Formulation of job

criteria & selection of individuals

Application of

Results

Wage & Salary

Administration

PERFORMANCE APPRAISAL

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

Potential Complicatio

ns

Detrimental to quality

Improvement

Negative Perception Errors

PERFORMANCE APPRAISAL

PERFORMANCE APPRAISAL

Potential Complications

Legal Issues

Performance Based Pay

Performance Goals

PERFORMANCE APPRAISAL

Methods of Collecting Data

Peer & Self Assessment

Judgmental

Evaluation

Judgmental Evaluations

Graphic Rating Scale

Employee Comparison Method

PERFORMANCE APPRAISAL

COMPENSATION

Nature

Statutory Compensation law

Approaches to International

Compensation

COMPENSATION

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

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

COMPENSATION

Approaches to International Compensation

The balance sheet

approach

The going great

approach

THE END