Companies for performance appraisal across the world

Question

Describe the newest technique followed by companies for performance appraisal across the world?

Answer 1

The newest technique followed by companies for performance appraisal across the world being – “get paid according to what you contribute:

1. The concentration of the presentation evaluations preparation in today’s situation is varying by focused more on business development trusting on the interchanges and negotiations with the managers.

2. Performance measuring, rating and review systems have become more thorough, structured and individual employee specific than before.

3. Appraisal through a 360-degree feedback system takes place

4. The performance evaluation procedures are challenged with a lot of problems In India, the most important is the need of quantifiable pointers of the performance.