Ranking Method
What do you mean by Ranking Method?
Expert
It is the oldest and simplest method of performance appraisal in which employees’ are ranked on certain criteria such as trait or characteristic. The employee is ranked from highest to lowest or from worst to best in an organization. Thus if there are seven employees to be ranked then there will be seven ranks from 1 to 7. Rating scales offer the advantages of flexibility comparatively easy use and low cost. Nearly every type of job can be evaluated with the rating scale, the only condition being that the Job-performance criteria should he changed’ .In such a way, a large number of employees can be evaluated in a shorter time period. Thus, the greatest limitation of this method is that differences in ranks do not indicate how much an employee of rank 1 is better than the employee whose rank is last.
What is Family Business Succession Planning?
Write down a short note on the term job analysis?
Write a brief note on the term ‘HRD’?
What are the need and importance of Performance Appraisal?
What is the importance of medical and physical examinations?
What do you mean by Field Review Method?
discuss five problems that arises in wages and salary administration
Explain what do you mean by Present in JIT?
How should I work with the industry analysts and why?
What is (BARS) Behaviorally Anchored Rating Scales?
18,76,764
1961694 Asked
3,689
Active Tutors
1454296
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!