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CLAD- Semester- I Perfromance and Com

Sr. No. Unit Concept


Perfromance - the action or process of
1 performing a task or function.
Evolution-the gradual development of
1 something.

Planning-the process of making plans for


2 something.

3 2 Self appraisal-the evaluation of one's own


strengths and weaknesses.

4 Objective-a thing aimed at or sought; a


goal

Assessment- the action of assessing


10 someone or something.
Wage-a fixed regular payment earned for
5 3 work or services, typically paid on a daily
or weekly basis.

Incentives-a payment or concession to


6 stimulate greater output or investment.

Career-an occupation undertaken for a


7 4 significant period of a person's life and
with opportunities for progress.

Mapping-an operation that associates


each element of a given set (the domain)
8 with one or more elements of a second
set (the range).

Succession-the action or process of


9 inheriting a title, office, property, etc.
D- Semester- I Perfromance and Compensation Management
Link
Performance appraisal

Evolution of perfromance appraisal

Planning perfromance appraisal

Perfromance appraisal

Management by objective

Assessment center

Wage fixation

Pay for perfromance

Career development plan

Career mapping

Succession planning
ompensation Management
Application Example
Evaluating employee perfromance MBO, BARS

understand the gradual development of traditional and modern


perfromance appraisal system systems of PA

methods of perfromance
Achieve desired result appraisal- 360 degree,
balance scorecard

Minimize perfromance evaluation error and provide balance scorecard


fair change of self evaluation to employee

Intel, DuPont, or Xerox


Ensure desired outcome and better control use MBO for perfromance
management

Gather the information about individuals


capabilities to perform a managerial position

Facilitate to provide wages to employee as per the Minimum wages, fair


Govt. regulation wages

Motivates emplyees for better perfromance ESOPS, Bonus, Rewards

Provide guideline to employee and emplyer about


the future growth of an individual

Develop internally the skills needed to achieve


future business goals.

for identifying and developing new leaders who can Google CEO Sunder Pichai
replace old leaders when they leave, retire.