What data or information needs to be gathered or tracked

Assignment Help Finance Basics
Reference no: EM132172982

Question - Appraisal Methods: Performance appraisal means evaluating an employee's current and/or past performance relative to his or her performance standards. Stripped to its essentials, performance appraisal always involves (1) setting work standards, (2) assessing the employee's actual performance relative to those standards, and (3) providing feedback to the employee with the aim of motivating him or her to eliminate performance deficiencies or to continue to perform above par (Dessler, 2015, p. 260). Reflect on your own personal experience with performance appraisal:

A. Identify one performance appraisal method with which you are familiar.

B. Provide the textbook definition for that particular performance appraisal (from our current textbook or other valid resource).

C. Describe the pros and cons of the performance appraisal as identified in the textbook or other valid resource.

D. Tell about your own personal experience with its use and whether you would recommend the continuation of the method or the suggestion of another.

HR Metrics: According to the web page article, "20 Common HR Metrics and their Formulas," located on the ERC: Where Great Workplaces Start blog site

HR metrics and measurements can be powerful in showing areas where we could improve and better meet the needs of our organization and its employees. They can also provide meaningful data to help us make good decisions for our business and department ("20 Common HR Metrics and their Formulas," 2014, para 1).

A. What metrics do you think are most crucial to your organization? Why? (Identify at least two (2) metrics and provide the formula that would be used for each.)

B. What data or information needs to be gathered or tracked to calculate these metrics?

C. How will the data be analyzed or benchmarked? In other words, what will you compare the data to?

D. How will the analysis be used for action planning, development/ improvement, or problem solving?

Going International: You are the president of a small business. What are some of the ways you expect "going international" will affect HR activities?

The initial posting is to be 200-300 words in length and supported by at least two sources properly cited and referenced: an academic journal article published within the last 3-5 years.

Reference no: EM132172982

Questions Cloud

How manufacturers can combat the grey market : How manufacturers can combat the grey market
Expensive endorsements to the company success : How important are Nike's expensive endorsements to the company's success? Are the endorsements really worth the money? Explain.
What you have discovered about yourself in the class : The relationship between mind and body is critical to wellness; based on what you have discovered about yourself in this class, how does your mind.
Key principles in development of empowered teams : How does the use of the key principles in the development of empowered teams help leverage of the total value of each other in every team member?
What data or information needs to be gathered or tracked : What data or information needs to be gathered or tracked to calculate these metrics? What metrics do you think are most crucial to your organization
How you will define and measure your variables : Determine how you will define and measure your variables. Identify the participants or subjects for the study, decide how they will be selected.
What do team members like about empowered team : Define quality in terms of what it means for a product to have high quality. What do team members like about an empowered team? Using sound psychological theory
How does motivation play a role in the different theories : How does motivation play a role in the different theories of learning that you have read about up to this point? Describe a learning experience of yours.
Quality can have many different meanings and definitions : Quality can have many different meanings and definitions, depending on the subject matter that is being discussed.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd