4. Define Performance Appraisal, which technique is a more effective traditional, or modern method for evaluating employee performance? Explain your answer. (traditional and modern method are in photo below) METHODS OR TECHNIQUES OF PERFORMANCE APPRAISALSeveral methods and techniques are used for evaluating employeeperformance. They may be classified into two broad categories as shown.Performance AppraisalTraditional MethodsModern Methods1. Ranking Method2. Grading Method1. Management by Objective (MBO)2. Assessment Centre Method3. Man-to-Man Comparison Method4. Graphic Rating Scale Method3. Human Asset Accounting Method4. Behaviourally Anchored Rating Scales5.360° Appraisal

Merits of training: 1. Training increases employees efficiency by enhancing their skills and…

Define Performance Appraisal, which technique is a more effective traditional, or modern method for evaluating employee performance? Explain your answer. (traditional and modern method are in photo be

Define Performance Appraisal, which technique is a more effective traditional, or modern method for evaluating employee performance? Explain your answer. (traditional and modern method are in photo be

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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4. Define Performance Appraisal, which technique is a more effective traditional, or modern method for evaluating employee performance? Explain your answer. (traditional and modern method are in photo below)

METHODS OR TECHNIQUES OF PERFORMANCE APPRAISAL
Several methods and techniques are used for evaluating employee
performance. They may be classified into two broad categories as shown.
Performance Appraisal
Traditional Methods
Modern Methods
1. Ranking Method
2. Grading Method
1. Management by Objective (MBO)
2. Assessment Centre Method
3. Man-to-Man Comparison Method
4. Graphic Rating Scale Method
3. Human Asset Accounting Method
4. Behaviourally Anchored Rating Scales
5.360° Appraisal

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