PERFORMANCE MANAGEMENT AND REWARDS

often through the use of economic incentive system. .Performance Management  It refers to the procedures and systems designed to improve employee outputs and performance.

acquisition and development aimed at providing the talent necessary for organizational success.STAFFING  It refers to the HR planning. .

STAFFING PROCESS:  JOB ANALYSIS .It is defined as a human resource management practice designed to locate attract job applicants for particular positions. and accountabilities of a job.It is a technical procedure used to define the duties. .  RECRUITMENT. responsibilities.

 SELECTION – This process involves assessing and choosing among job candidates.  SOCIALIZATION – This final step in staffing involves orienting new employees to organization and its work units. . especially the work units where the newly hired employee will be working.

Two Ways to Conduct Training Program 1. or opinions through some type guided experience. On the Job Training 2. attitudes.TRAINING – It is the process of changing employee behavior. Off the Job Training .

CAREER PLANNING AND DEV’T  CAREER – It is defined as the pattern of work related experiences that span the course of person’s life.  CAREER STAGES 1. Retirement . Advancement 3. Maintenance 4. Establishment 2.

sharing that information with them.PERFORMANCE APPRAISAL  This is a key aspect of performance management. . and searching ways to improve their performance. It may be defined as the process of evaluating the performance of employees.

 To make promotion and reward decision. .  To develop information about the organization’s selection and placement decisions.  To identify the employee’s developmental needs.Functions of Performance Appraisal  To give employees feedback on performance.  To make demotion and termination decisions.

 Behaviors. and  Traits.Criteria for Performance Appraisal  Individual task outcome. .

Methods of Performance Appraisal  Absolute Standards  Essay Appraisal  Critical Incident Appraisal  Checklist  Adjective Rating Scale  Forced Choice  Behaviorally Anchored Rating Scale .

 Relative Standards Group Order Ranking Individual Ranking Paired Comparison .

 Objective MBO Four Steps of MBO Goal Setting Action Planning Self-Control Periodic Review .

Errors in Performance Appraisal  Halo error  Leniency error  Central tendency error  Recency error  Personal bias error .

Performance-based or membership-based .Rewards  Types of rewards 1. Financial or nonfinancial 3. Intrinsic or extrinsic 2.

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