Employee Compensation and Benefits
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Analyze the impact of various compensation methods and benefits programs on employees and organizations. Relate salary and benefit administration strategies to organizational culture and performance.
a. Discuss how a complete performance management system differs from the use of annual performance appraisals.
b. Discuss the advantages of managing turnover in organizations.
c. Examine contemporary safety and health management issues in the workplace.
d. Also, include a discussion of future trends and challenges in HR management.
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Solution Summary
This solution gives you the mpact of various compensation and benefits related to different types of employees and organizations. . The purpose is to examine contemporary safety and health management issues in the workplace, examine turnover, explore performance measures and discuss future trends.
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a. Discuss how a complete performance management system differs from the use of annual performance appraisals.
Complete management performance system differs from the use of annual performance appraisals in the following ways:
1. Complete management performance systems are a priori system whereas annual performance appraisals are post hoc systems.
2. Complete management performance systems are based on multi criteria performance evaluation, whereas annual performance appraisals are based on subjective opinions of the supervisor.
3. Complete management performance systems are based on a joint agreement about the evaluation metrics between the supervisor and the employee, annual performance appraisals are based on metrics that are given to the evaluator.
4. Complete management performance systems ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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