Brief Background on Merck & Co. Performance Appraisal System The past and existing performance appraisal of Merck & Co. was ineffective to identify and reward performance to a certain extent. Although the company was paying their employees around seven to eight percent more than the average compensation in other large companies‚ the performance appraisal system did not clearly identified outstanding performance‚ which caused inequity in rewarding performance and led to unhappiness among the
Premium Human resource management Performance Assessment
Excellence Award by the Greentech Foundation‚ New Delhi in the year 2000-2001 The Aditya Birla Group is the 11th largest cement producer in the world and the seventh largest in Asia. In 2004-05 it received State and Zonal level I prize for overall performance in Mines safety. Outlook With demand for Ready Mix Concrete of Ultratech cement is increasing‚ in coming years it is commencing to set up a ready mix concrete plants at various places in the country. Company Profile | UltraTech Cement
Premium Concrete Portland cement Cement
PERSONNEL ASSESSMENT SPECIALIST JOB ANALYSIS: INTERPRETATION AND USE REPORT Prepared by the IPMAAC Ad Hoc Committee on Use of the Personnel Assessment Specialist Job Analysis: Donna L. Denning‚ Ph.D.‚ Chair Nancy E. Abra ms‚ Ph.D. Marianne Bays‚ Ph.D. International Personnel Management Association Assessment Council 1995 TABLE OF CONTENTS Personnel Assessment Specialist Job Analysis: Interpretation and Use Report Abstract 2 Introduction and Background Task Analysis Task Inventory Development
Premium Human resource management Performance appraisal
Topic 2 – Group 2 Job Design‚ Job Analysis Manpower Planning – Recruitment – definition – recruitment policy - Sources of recruitment – methods or techniques – e-recruitment - Selection – selection procedure . employment interview‚ purpose of interview How to conduct – placement – Induction – orientation – stages of induction‚ evaluation. Job Design Job design is defined as the process of deciding on the content of a job in terms of its duties & responsibilities; on the methods to
Premium Employment Human resource management Recruitment
[pic] Individual assignment: Recruitment‚ Selection and Retention on J Sainsbury plc. Table of Content Cover page………………………………………………………...1 Table of Content…………………………………………………..2 Introduction of J Sainsbury plc…………………………………....3 What is Human Resource Management……………………...……3 Recruitment………………………………………………………..4 Internal …………………………………………………………….4 External……………………………………………………..............5 Selection …………………………………………………………..5 Retention………………………………………………………
Premium Human resource management Human resources Recruitment
The problems inherent in performance appraisal may be listed thus: 1. Judgement errors: People commit mistakes while evaluating people and their performance. Biases and judgments errors of various kinds may spoil the show. Bias here refers to distortion of a measurement. These are of various types: First impressions (primacy effect): The appraiser’s first impression of a candidate may color his evaluation of all subsequent behavior. In the case of negative primacy effect‚ the employee may seem
Premium Error Evaluation
thank Mr Parikshat Verma for his insights and the valuable discussions I had with him in regards to the topic. Finally‚ I would like to thank my wife for her patience and support during these trying circumstances. Executive Summary Job satisfaction and job performance have held a great interest for social psychologists for almost a century. The interest stems from the alleged relationship and interplay between these two elements. This research thesis attempts to find out the nature and magnitude
Premium Job satisfaction
component of an effective performance appraisal system.(1) Research in organizational behavior clearly demonstrates that employee attitudes influence behavior‚(2) and participant attitudes toward performance appraisal systems are no exception.(3) The attitudes of system participants play a key role in both the short and long term success of a performance appraisal system.(4) The goal of this research is to identify the characteristics of municipal government performance appraisal systems that are associated
Premium Management Employment Human resource management
literature review of performance appraisal methods 1 2.1 Graphic rating scales 1 2.2 Management by objectives (MBO) 2 2.3 Critical incidents 4 2.4 Ranking 5 3. Applications to XXX Company and ABC clubhouse 6 4. Recommendation 8 5. Conclusion 9 References 10 Appendix 12 Appendix A: Graphical rating scale form 12 Appendix B: MBO appraisal form 17 Appendix C: Critical incident reporting form 19 Appendix D: Ranking appraisal form 21
Premium Performance appraisal Human resource management Performance management
to Risk Weighted Assets Ratio (CRAR)." [pic] Investopedia explains Capital Adequacy Ratio - CAR This ratio is used to protect depositors and promote the stability and efficiency of financial systems around the world. Two types of capital are measured: tier one capital‚ which can absorb losses without a bank being required to cease trading‚ and tier two capital‚ which can absorb losses in the event of a winding-up and so provides a lesser degree of protection to depositors. Tier 1 Capital
Premium