What is the purpose of performance management systems within an organization?

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Draft a response to each of the bulleted questions below. Each question must have its own response and have a minimum of 75 words.

  1. What is the purpose of performance management systems within an organization?
  2. What are some ethical concerns of performance management systems? How can a human resource management (HRM) department ensure a performance management system is ethical?
  3. 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?
  4. Which employee benefits do you personally value the most? Why is it important for organizations to offer benefits to their employees?
  5. How do benefits positively or negatively affect an organization?

 

  1. 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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