Compensation and performance appraisals

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Essay Topic

Compensation and Performance Appraisals

Prompt #1: Compare the factors being measured in job-based pay, skill-based pay, and competency-based pay.
What are the advantages and disadvantages to implementing each of these measurement systems? (Refer to Chapter 3 in the MTT text.)

Prompt #2: Why are 360-degree, or multi-rater, feedback methods becoming more common and popular than single-source, top-down evaluation systems?

What are some of the preliminary steps to developing a 360-degree evaluation system within an organization?

Why is it important for each specific organization to tailor the 360-degree system to fit their organizational design rather than duplicate another company's system? (Refer to Chapter 3, pages 58-60, in the MTT text.)

Prompt #3: What are some possible biases in peer evaluations?

What are some possible ways to eliminate rater and ratee bias from evaluation processes?(Refer to Chapter 3, pages 61-69 in the MTT text.)

Reference no: EM131224292

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