Multidisciplinary Research Vol.2 Issue 6‚ June 2012‚ ISSN 2231 5780 PERFORMANCE APPRAISAL AS EMPLOYEE MOTIVATION MECHANISM IN SELECTED FINANCIAL INSTITUTIONS IN KUMASI‚ ASHANTI REGION OF GHANA DR. KOFI OSEI AKUOKO* *Vincent de Paul Kanwetuu‚ Department of Sociology and Social Work‚ Faculty of Social Sciences‚ College of Art and Social Work‚ Kwame Nkrumah University of Science and Technology‚ Kumasi‚ Ghana. ABSTRACT Performance appraisal system (PAS) has been viewed by academics and human resource
Premium Human resource management Performance appraisal Motivation
< Labor Unions: Were They Justified? > In the late 19th-century‚ a new theory in the field of business and production was emerging. Most commonly known as ‘Social Darwinism’‚ it was a parodical twist of the Darwin theory of natural selection‚ or the ‘survival of the fittest.’ The corruption and the dark sides of business were accepted as a natural process‚ and was not questioned or intervened. In a full-fledged Industrial Age‚ the average American citizen had to try his best to rise from his
Free Natural selection Charles Darwin Industrial Revolution
The definition of “justified” is having‚ done for‚ or marked by a good or legitimate reason. The second definition is declared or made righteous in the sight of God. The war with Mexico was both of these definitions. It was justified. In 1836‚ Texas had won it’s independence and had become apart of America. Mexico had attacked U.S. soldiers on Texas territory. Polk became president. He believed in Manifest Destiny. Manifest Destiny was the belief that God wanted America to spread across the continent
Premium Mexico United States Mexican–American War
INTRODUCTION Performance appraisal has been one of the most-debated management practices for several decades. It has generated a wide variety of viewpoints. There are those who see performance appraisal as making an important contribution to human resource management‚ in that organizations require systematic information on how well employees are performing in their jobs as a key element in ensuring that human resources are used as effectively as possible. Employees at all levels experience a need
Premium Human resource management Management
When deciding whether or not to end the suffering of a loved one‚ how can one know if they are justified in doing so? George‚ a strong‚ defined man‚ ponders this question at the end of John Steinbeck’s novel‚ Of Mice and Men. George’s companion‚ Lennie‚ is a mentally challenged individual who always finds a way to whip up trouble. After countless accidents and mishaps‚ Lennie makes the innocent but cataclysmic mistake of killing Curley’s wife. This leads the men of the ranch to try to put Lennie
Premium KILL Hamlet Of Mice and Men
that employee can received is includes cash compensation and benefits such as: * Base pay: * It is given to employee in exchange for work performed. Base pay includes a range of value‚ focuses on the position and duties performed rather than an individual’s contribution * Cost-of-Living Adjustment and Contingent Pay * Cost of living implies the same percentage increase for all employees regardless of their individual performance. It is given to combat the effect of inflation
Premium Term Time Motivation
Performance Appraisal The performance of the employees need to be appraises. The good performance is to be reinforced while the bad performance is to be corrected. Performance appraisal is a process of evaluating an employee’s current and/or past performance relative to his or her performance standard (Dessler & Varkkey‚ 2011). Performance analysis is critical to the success of the performance management. It is directly reflects the organization’s strategic plan. Performance appraisal‚ though
Premium Human resource management Human resources
PROCESS ESSAY Written by: Salman Diamond‚ a precious metal‚ is famous for two important characteristics which are its hardness and thermal conductivity‚ although‚ extraction and processing of a diamond are a very difficult process. Diamond is one of the most expensive metals in the world as it is rarely found in the world. The extraction and processing of a diamond is done in the following manner: Discovery of diamond mine‚ Extraction of diamond in raw form‚ further processed in industries and
Premium Diamond Electrical conductivity
Relationship betwwen chairman and CEO The relationship between an association’s CEO and board chair is a delicate one that can make or break the organization. The tension between the executive and non-executive has been there for quite some time which is a clear indication that nobody seem to care about the sour relationship and that’s the problem of poor management and this shows that there is lack of communication. Trust‚ Communication and Compromise are three fundamentals of any relationship
Premium Board of directors Corporate governance Corporate title
Pay for performance The way to get your employees to focus on both the present and the future is to adjust your culture and to weaken your financial incentives. [pic] Jonathan D. Day‚ Paul Y. Mang‚ Ansgar Richter‚ and John Roberts The McKinsey Quarterly‚ 2002 Number 4 [pic] Pay for performance has these days achieved the status of a management mantra. A generation of executives‚ motivated by performance-measurement systems linking their actions to results and‚ ultimately‚ to compensation‚ has
Premium Incentive Company