Describe the key elements of performance management


Question 1: Briefly discuss the factors to be considered in defining the relevant labour market for a given firm and what the impact might be to a reward strategy.

Question 2: Explain Perceptual Errors that Can Affect Appraisal Accuracy and how to minimize these among appraisers

Question 3: Define and describe the key elements of performance management and what the impact is to organizational effectiveness

Question 4: Elaborate Key Differences between Gain Sharing and Goal Sharing Plans and the relevance to the decision of which to utilize

Question 5: What are some of the metrics to measure the effectiveness of the reward system?  What might be cause for concern?

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HR Management: Describe the key elements of performance management
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