Ch 10-1 - 71-342: Compensation Management Chapter 10...

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71-342: Compensation Management 1 Chapter 10 Evaluating Individuals
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71-342: Compensation Management 2 What is Performance Appraisal? A process of evaluating the performance of employees.
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71-342: Compensation Management 3 How is Performance Appraisal Useful? How much pay raise to be given? Should the employee be promoted? Are there areas on which training is required? Should any disciplinary action be taken ? Improving the process of conducting appraisal Creating the perception that management cares about good employee performance
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71-342: Compensation Management 4 Common Errors in an Appraisal Process Recency error Timing of information effects rating Central tendency error Avoiding extremes in rating Consistent higher or lower ratings
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71-342: Compensation Management 5 Common Errors in an Appraisal Process Halo effect Generalization is made from only one trait
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This note was uploaded on 11/28/2011 for the course FINANCE 101 taught by Professor Chan during the Spring '11 term at Aarhus Universitet.

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Ch 10-1 - 71-342: Compensation Management Chapter 10...

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