What is the purpose of performance management systems within an organization?
Draft a response to each of the bulleted questions below. Each question must have its own response and have a minimum of 75 words.
- What is the purpose of performance management systems within an organization?
- What are some ethical concerns of performance management systems? How can a human resource management (HRM) department ensure a performance management system is ethical?
- Do you feel that evaluating an employee twice a year is appropriate, too much, or not enough? Does it depend on the individual or can it be “peanut butter spread” to all employees?
- Which employee benefits do you personally value the most? Why is it important for organizations to offer benefits to their employees?
- How do benefits positively or negatively affect an organization?
- Compare and contrast incentive compensation plans and competency-based compensation plans. What are the advantages and disadvantages of each compensation programs? What are some alternatives to these types of compensation programs?
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