Common Appraisal Errors Error Contrast Effect Definition Tendency of a rater to evaluate people in comparison with other individuals rather than against the standards for the job Example Think of the most attractive person you know and rate this person on a scale of 1 to 10. Now think of your favorite glamorous movie star. Rerate your acquaintance. If you rated your friend lower the second time‚ contrast effect is at work. A new supervisor noticed an employee who was going through a divorce performing
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Pros and Cons of Being a Hedonist Eater Eating anything I want at any time I want is the way I live my life no matter the consequences. Hedonism describes my eating habits because I eat anything that gives me pleasure no matter what the circumstances. According to Dictionary.com the definition of “hedonist” is “a person whose life is devoted to the pursuit of pleasure and self-gratification”. By following the idea of Hedonism‚ I eat for pleasure and not to conform to societies’ view of
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RESEARCH METHODOLOGY * INTRODUCTION: Credit appraisal means investigation/assessment done by the bank before providing any loans and advances/project finance and also checks the commercial‚ financial &industrial viability of the project proposed its funding pattern and further checks the primary & collateral security cover available for recovery of such funds. CHAPTER 1 INTRODUCTION TO BANKING SECTOR A snapshot of the banking industry The Reserve Bank of India (RBI)‚ as the
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PERFORMANCE APPRAISAL PLAN (STRUCTURE AND EXEMPLARY QUESTIONS) 1. Introduction Explain the purpose and structure. The performance appraisal is an opportunity to discuss on performance related issues‚ give clear feedback and reach a mutual agreement on objectives and what can be improved‚ finalising with a plan for further development. • How do you think your performance was over the past six months - from December to May so I can a feedback from you and then have a discussion on that
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Sport Athletes’ Salaries Are professional athletes overpaid? This topic has been argued for some time now. It is said that pro athletes are paid way too much money for playing a sport. On the other side‚ there are the ones that say that the money is fairly deserved because of their hard work to get to where they are. Should pro athletes ’ salaries drop or stay as is? Do the top athletes deserve their pay? Athletes deserve the money they receive because of their hard work‚ dedication
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Practical Salary Negotiation A Guide to Planning for Your Next Salary Negotiation by Jack Chapman www.PayScale.com © 2008 Planning For Your Next Salary Negotiation - By Jack Chapman Planning For Your Next Salary Negotiation By Jack Chapman If you are reading this guide‚ chances are that you will be participating in some kind of salary negotiation in the near future. Congratulations‚ that means that you how have a golden opportunity to make more money‚ and this guide will tell you
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9-793-035 REV: JULY 26‚ 2005 STEPHEN P. BRADLEY Crown Cork & Seal in 1989 John F. Connelly‚ Crown Cork & Seal’s ailing octogenarian chairman‚ stepped down and appointed his long-time disciple‚ William J. Avery‚ chief executive officer of the Philadelphia can manufacturer in May 1989. Avery had been president of Crown Cork & Seal since 1981‚ but had spent the duration of his career in Connelly’s shadow. As Crown’s new CEO‚ Avery planned to review Connelly’s long-followed strategy in light
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Salary caps are used in all pro sports and can impact any team. Caps are imposed limits on the money a team can spend on their players salaries. Salaries in pro sports are becoming out of control and reaching 100 million dollars. Teams are becoming unbalanced and are losing profits. Salary caps should be used in pro sports. Did you know that Michael Vick now makes nearly 100 million dollars a year? He is even making this much after missing over two years of football and being thrown in
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NATIONAL VALUES‚ PERFORMANCE APPRAISAL PRACTICES‚ AND ORGANIZATIONAL PERFORMANCE: A STUDY ACROSS 21 COUNTRIES HILLA PERETZ Department of Industrial Engineering and Management Ort Braude College‚ Israel Snunit 5 St.‚ P.O.Box 78‚ Karmiel 21982‚ Israel YITZHAK FRIED Whitman School of Management‚ Syracuse University This study was funded by a grant from the SHRM Foundation. However‚ the interpretations‚ conclusions and recommendations are those of the authors and do not necessarily represent
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0022KONS1109 SUBJECT: ACCOUNTING AND DECISION MAKING TECHNIQUES (ADMT) LECTURER: MR. S. A. PALAN CONTENTS Introduction…………………………………………………………………….………2 Define Capital Investment Appraisal…………………………….………………….…2 Discounted cash flow methods……….………………………….………………….…4 Explanation of NPV…………………… ...................................................................…4 Explanation of IRR…………….……………………….…….……..…………………5 Advantages
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