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Performance Appraisal & Compensation

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Page 1: Performance Appraisal & Compensation
Page 2: Performance Appraisal & Compensation
Page 3: Performance Appraisal & Compensation

DefinationApplication of

Results

Potential

Benefits

Potential

Complications

Method of

Collecting Data

Page 4: Performance Appraisal & Compensation

DEFINATION

Job

Performance

Manage &

Align

Others

Productivity

Page 5: Performance Appraisal & Compensation

Applications

of results

Employment

Decisions

Criteria in

research

Aid to

communica

-tion

Establish

Personal

Objectives

for training

Page 6: Performance Appraisal & Compensation

Aid in keeping

track of

decisions &

legal

requirements

Formulation of

job criteria &

selection of

individuals

Application

of Results

Wage & Salary

Administration

Page 7: Performance Appraisal & Compensation

Potential Benefits

Enhancement of Employee Focus

through promoting Trust

Goal setting &

desired performance

reinforced

Performance

Improvement

Facilitation of

Communication

Determination of

training needs

Page 8: Performance Appraisal & Compensation

Potential

Complications

Detrimental to

quality Improvement

Negative Perception

Errors

Page 9: Performance Appraisal & Compensation

Potential

Complications

Legal Issues

Performance

Based PayPerformance

Goals

Page 10: Performance Appraisal & Compensation

Methods of Collecting

Data

Peer & Self

Assessment

Judgmental

Evaluation

Page 11: Performance Appraisal & Compensation

Judgmental

Evaluations

Graphic Rating

Scale

Employee

Comparison

Method

Peer & Self

Assessments

Self

Assessment

360 degree

feedback

Page 12: Performance Appraisal & Compensation
Page 13: Performance Appraisal & Compensation
Page 14: Performance Appraisal & Compensation

Nature

Insurance

Providing

wage

replacement

& medical

benefits

Compensation

for economic

loss

Reimbursement

of medical & like

benefits

Benefits paid to

dependents of

workers killed in

employment

Page 15: Performance Appraisal & Compensation
Page 16: Performance Appraisal & Compensation

Approaches to International

Compensation

The

balance

sheet

approach

The

going

great

approach

Page 17: Performance Appraisal & Compensation