comp and Benefits, management homework help

comp and Benefits, management homework help

Briefly answer the following questions

  1. What is Performance Management and how can Performance Appraisal and Pay for Performance support it?
  2. Click-on http://www.performance-appraisal.com/intro.htm and select the “Appraisal Methods” button to the left. Read about the three most common appraisal methods and describe which one better supports pay-for-performance and why.
  3. Differentiating pay and recognition based on performance can be difficult for a manager. Why?
  4. What are the advantages to employees and to the enterprise of employing variable incentive pay plans?
  5. What’s your opinion about compensation as a motivator of behavior?