Professional Documents
Culture Documents
Too New to Rate Typically spent less than 3 months in the role
(TNTR)
Performance requires monitoring and substantial direction from the manager .Basically their pay
system is highly linked with performance, firstly Coca Cola’s management prefers grade for
defining pay. They prefer to do research by conducting survey of top five companies, in this step
they conduct minimum three year pay ranges of those companies and take average of them.
Then they decided their pay system with accordance to their management grades. Inflation rate
has to be considered each year at any cost no matter of an individual’s performance increase
or not. Also Coca Cola human resource management looking forward to performance ratings as
mentioned above, it helps them to define a system in an organized systematic form to remove
ambiguity and biasedness.