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MODULE -4

MBA - HRM
Performance appraisal is the
systematic ,periodic and an
impartial rating of employees
excellence in matters pertaining
to his present job and his
potential for a better job
Quality of work
Team work
Job Knowledge
Initiative
Communication ability
Planning and organisation
Problem analysis and Decision making
Dependability
Evaluative
Development
Supervisor Identifies Strengths
and Weaknesses
Fair and Equitable Format
Basis for Salary/Promotion
Recommendations
Small Large All
Organizations Organizations Organizations
Compensation 80.2% 66.7% 74.9%
Performance
improvement 46.3% 53.3% 48.4%

Feedback 40.3% 40.6% 40.4%


Documentation 29.0% 32.2% 30.2%
Promotion 26.1% 22.8% 24.8%
Training 5.1% 9.4% 7.3%
Transfer 8.1% 6.1% 7.3%
Discharge 4.9% 6.7% 5.6%
Layoff 2.1% 2.8% 2.4%
Personnel research 1.8% 2.8% 2.2%
Manpower planning 0.7% 2.8% 1.5%
Immediate Supervisor
Higher Management
Self-Appraisals
Peers (Co-Workers)
Team Members
Customer
360 degree Appraisal
Potential Appraisal
Potential Appraisal

Self Appraisals
Peer Appraisal
Superior Appraisal
Psychometric Test
Management Games
)
Refers to the establishment &
implementation of sound policies and
practices of employee compensation

Includes areas as Job Evaluation, Surveys of


Wages & Salaries, Establishing rules for
administering wages, Profit Sharing, Wage
changes & adjustments, Supplementary
payments, Control of compensation costs
Time Rate
Piece Rate
Balance or Debt Method
Subsistence Theory
The Surplus Value Theory of Wages
Residual Claimant Theory
Marginal Productivity Theory
The Bargaining Theory of Wages
Behavioural Theories: The Employees
Acceptance of a Wage Level,The Internal
Wage Structure,Wage & Salaries & Motivators

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