Compensation And Benefits-LO4-Total Rewards Program

What is Included in a Total Rewards Package? The package typically contains elements of compensation, benefits, work-life benefits, performance recognition and career pathing opportunities. Following are general suggestions of what can be considered when putting together a total rewards package 1. COMPENSATION: In general, most employees regardless of title or role within the organization have an…

Performance Management-LO 6. Outcomes of Performance Appraisal

Learning Objective 6 Outcomes of Performance Appraisal  Introduction  Performance Appraisal is intended to know the Performance of individuals, Teams and of Organisation at large. It provides the Performance gaps, Productivity gaps and Training needs. It allows to strategize and plan for the next appraisal period.  Typically, we can see 3 outcomes from Performance Appraisals.  1.…

performance management, effort efficiency and effectiveness

Performance Management-LO4. Performance Dimensions

Learning Objective 4 Performance Dimensions Introduction  While executing the defined performance review model, we need to look at the intricacies of the performance possibilities. To observe the patterns of performance we need to understand 3 performance dimensions – Efforts, Efficiency & Effectiveness To perform any task,  – employee need to put his efforts to complete…