Introduction What is Performance Appraisal? It is a systematic and periodic process that assesses an individual employee’s job performance and productivity in relation to certain pre-established criteria and organizational objectives. Other aspects of individual employees are considered as well‚ such as behavior‚ accomplishments‚ potential for future improvement‚ strengths and weaknesses‚ etc… Performance Appraisal is… 1. A Shared Responsibility 2. To Plan‚ Monitor And Review 3
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External and Internal Factors External and Internal Factors Management is a universal concept because its principles and techniques are used all over the world‚ irrespective of their level of development. The basic objective of the management is the progress of people and not the direction of things. The conservative explanation of management is obtaining work done through its people‚ but the factual management refers to the development of people through work. The management should make the difficulties
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ABSTRACT The main purpose of this project is to point out the relationship between external equity in discussing pay versus benefits‚ and also to investigate the best compensation package (with special focus on external market competitiveness and internal equity) that will be of benefit to recruit and retain productive and motivated staff members. Key words: external equity‚ compensation‚ internal equity‚ motivation CHAPTER
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Executive Summary The history of performance appraisal is quite brief. Its roots in the early 20th century can be traced to Taylor’s pioneering Time and Motion studies. But this is not very helpful‚ for the same may be said about almost everything in the field of modern human resources management. As a distinct and formal management procedure used in the evaluation of work performance‚ appraisal really dates from the time of the Second World War - not more than 60 years ago. In many organizations
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Many managers take the integrated approach known as Performance Management‚ to manage the performance‚ consisting of setting goals‚ training employees and then appraising and rewarding them (hrm). It can be explained as a process that consolidates goal setting‚ performance appraisal and development into single‚ common system‚ the aim of which is to ensure that the employee’s performance is supporting the strategic aims. (hrm book 315).. A performance management system would be only effective when the
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The Internal Factors of the Human Resource Office Labour turnover This is also called employee turnover‚ which is the ratio between the number of employees that leave a company and the total number of employees over a given period. Working capital A good pay will encourage an employee to work in poor conditions sometimes. Lack of job satisfaction If the employee does not appreciate or feel important in the work they do‚ the person will want another job Low salary A fixed regular
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INSTRUCTIONS ON “HOW TO REFERENCE” Bibliography: Citations must be consistent in author name(s) (spelling and name order) and publication date between the text and the bibliography at the end. Any reference in the text must be matched by a full entry in the end bibliography. Entries in the bibliography must be matched by entries in the text; if nor they should be deleted. Citations must include all information necessary to enable the reader to locate the referenced publication. The examples
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Light and nutrients. Light is the key abiotic factor which controls the growth of woodland. It controls the spacing of the trees‚ shape of the trees and the shape and structure of the shrub and ground layers. If a trees branch does not receive enough light it will die. Irelands native woodlands are deciduous so there is a dramatic variation of the amount of light which reaches the forest floor through the seasons. In spring when the leaves have yet to grow and the temperature has begun to rise the
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THE WAY WE PERCEIVE THE WORLD IS SHAPED BY INTERNAL RATHER THAN EXTERNAL FACTORS Acclaimed playwright Tennesse Williams was a sickly child. As a result‚ he was heavily dotted upon by his mother. He was inherently sensitive‚ desiring to “shrink away in his own private oasis of poetry and writing”. This behaviour was a desperate attempt to escape the domestic conflict between his puritanical mother and bombastic father. His father‚ disapproving of his literary endeavours‚ labelled him a sissy instigated
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A RESARCH REPORT ON 360 DEGREE PERFORMANCE APPRISAL Submitted in partial fulfillment of the requirement of the two-year full time Post Graduate Diploma in Management Submitted to : Submitted by : Mr. VIVEK KAWTERA Jitendra Kumar DVSIM (P.G.D.M. 4th Sem.) CONTENTS • ACKNOWLEDGEMENT • INTRODUCTION
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