PERFORMANCE MANAGEMENT AND REWARDS

Performance Management
It refers to the procedures and systems

designed to improve employee outputs and performance, often through the use of economic incentive system.

STAFFING
It refers to the HR planning, acquisition and

development aimed at providing the talent necessary for organizational success.

STAFFING PROCESS:
JOB ANALYSIS - It is a technical procedure

used to define the duties, responsibilities, and accountabilities of a job.

RECRUITMENT- It is defined as a human

resource management practice designed to locate attract job applicants for particular positions.

 SELECTION This process involves assessing

and choosing among job candidates. SOCIALIZATION This final step in staffing involves orienting new employees to organization and its work units, especially the work units where the newly hired employee will be working.

TRAINING It is the process of changing employee behavior, attitudes, or opinions through some type guided experience. Two Ways to Conduct Training Program 1. On the Job Training 2. Off the Job Training

CAREER PLANNING AND DEVT

CAREER It is defined as the pattern of work

related experiences that span the course of persons life.

CAREER STAGES

1. Establishment 2. Advancement 3. Maintenance 4. Retirement

PERFORMANCE APPRAISAL
This is a key aspect of performance

management. It may be defined as the process of evaluating the performance of employees, sharing that information with them, and searching ways to improve their performance.

Functions of Performance Appraisal

To give employees feedback on performance; To identify the employees developmental

needs; To make promotion and reward decision; To make demotion and termination decisions; To develop information about the organizations selection and placement decisions.

Criteria for Performance Appraisal

Individual task outcome; Behaviors; and Traits.

Methods of Performance Appraisal

Absolute Standards
Essay Appraisal Critical Incident Appraisal Checklist Adjective Rating Scale Forced Choice Behaviorally Anchored Rating Scale

 Relative Standards
Group Order Ranking Individual Ranking Paired Comparison

 Objective
MBO

Four Steps of MBO Goal Setting Action Planning Self-Control Periodic Review

Errors in Performance Appraisal

Halo error Leniency error Central tendency error Recency error Personal bias error

Rewards
Types of rewards 1. Intrinsic or extrinsic 2. Financial or nonfinancial 3. Performance-based or membership-based