4. Performance management (Connect) Use your knowledge of performance management to answer the question. The foundation of good performance management is method(s) for measuring it. and choosing the best Use your knowledge of the balanced Scorecard to answer the following question. Which is true of the evidence concerning the validity of the balanced Scorecard approach to performance management? O Most of the evidence is anecdotal in nature Most of the evidence is highly supportive O Most of the evidence is rigorous and empirical Use your knowledge of performance management measurement methods to answer the following question. To reduce discrimination, the courts and Equal Employment Opportunity guidelines have mandated that performance measurements be based on which of the following? Recent behaviors unit O job-related criteria O Objective criteria 5. Reward systems (Connect, Perform) Reward system Symbolic value Base pay Surface value Compensation packages Incentive system Indirect compensation Perquisites Flexible reward system Participative pay system Use each of these individual reward system terms to identify the following reward examples. Use each term no more than once. If some of your employees need daycare, some want greater retirement contributions, and some want a more generous healthcare plan, which is the best reward system to implement? A car and driver, first-class travel, and a golf club membership are given to all employees at the Vice President level or higher. You receive a job offer with a $55,000 salary. To ensure that your organization's new reward system best meets your employees' needs, you create a task force comprised of people from all ranks and locations across the company to provide input into the new system. For each example presented in the following table, identify the type of reward being illustrated. Indirect compensation Incentive system Perquisite Example Although some examples of this are job-related and enhance productivity, such as a car and driver, they mostly seem to increase the status of their recipients and may thus increase satisfaction and reduce turnover. 0 An employer's contribution to your retirement plan is an example of this. When your work team comes up with an idea that saves the company at least 55,000, your team gets $1,000 to share among the team members. o o