Effective performance management is essential to businesses. Through both formal and informal processes, it helps them align their employees, resources, and systems to meet their strategic objectives. (a) Distinguish between performance management with performance appraisal. (b) Explain performance appraisal process. (c) Discuss FIVE (5) elements that could influence the construct of direct financial compensation in organization.

Effective performance management is essential to businesses. Through both formal and informal processes, it helps them align their employees, resources, and systems to meet their strategic objectives. (a) Distinguish between performance management with performance appraisal. (b) Explain performance appraisal process. (c) Discuss FIVE (5) elements that could influence the construct of direct financial compensation in organization.

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter12: Managing Human Talent

Section: Chapter Questions

Problem 1ED

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