Discuss the below in 1000 words:
Scenario: You are the Human Resources Specialist whose function within the company is to design and conduct performance appraisals of the different employees. However, recently, there has been concern that the appraisals being conducted are not a true objective measure of the employee, and as such, bonus determination is being adversely affected on some of the employees.
Appraisals of an employees' job performance are used to provide feedback to the employee as to how well or poorly they are conducting their job requirements. Sometimes, appraisals can be used to determine if the person in the position is properly qualified to complete the tasks and assignments of the position.
Research 2 to 3 Fortune 500 companies and their performance appraisal policies:
1. Identify at least 2 different types of evaluation techniques utilized by companies and identify the purpose of or measure of each technique.
2. Describe whether the techniques identified measure employee performance in a subjective manner, and if not, why you have come to that conclusion