(Directions)

Develop a systems approach to performance appraisal that combines a group of appraisers, various times for appraisal, and a variety of instruments. Identify when each element would be best suited for a specific need.

Evaluate the major differences between a cost- reduction program and a profit- sharing program. Compare and explain the philosophic issues underlying each type of program. Provide examples of each.

(Explain what should be done)

In the first question make sure you explain what details would be in the 360 plus explain the various times for an appraisal, and a variety of instruments. Identify when each element would be best suited for a specific need".

For the second question make sure you compare and contrast the two plans - you should describe how they're similar and where they're different.

(My answer)

A systems approach to performance appraisal that combines a group of appraisers, various

times for appraisal, and a variety of instruments that I have developed is;

360-degree performance appraisal form

This is a type of employee performance review that subordinates, managers and co-workers

anonymously rate the employees and this information is incorporated into the person's

performance review.

when each element would be best suited for a specific need.

1.360-degree performance appraisal form.

360-degree performance appraisal form is a type of employee performance review that

subordinates, managers, and co-workers use to rate the employees and after rating the employee

the information is incorporated into the person's performance review.

2.360-Degree Performance Evaluation Form

360-Degree performance evaluation form helps or assists the management in preparing

performance evaluation for individual.

When someone who works with that person on a daily basis, the feedback regarding her or his

performance will help in the overall review process and you are not needed to put your name on

the form

ANSWER 2

The major differences between a cost- reduction program and a profit- sharing program

are;

Performance-based awards

Performance-based awards like merit pay piecework and special awards that are paid to those

who contribute the output beyond particular predetermined standards, these standards have to be

consistent and fair.

A variety of methods

A variety of methods that can be used to develop the standards

Comparison and explanation of philosophic issues underlying each type of program and

examples of each.

The philosophic issues underlying the cost reduction program is that it is witnessing a revival in

popularity while the philosophic issues underlying profit- sharing program is that it is receiving

increased interest and attention which continues to stimulate employee innovation though they

require management implementation and support

Example of cost reduction program is;

Scanlon Plan

Example of profit- sharing program is;

Lincol Electric plan

Reference

Paul H. Thompson and Gene W. Dalton, Performance Appraisal: Managers Beware, HBR

JanuaryFebruary 1970, p. 149.

Herbert S. Meyer, The Pay for Performance Dilemma, Organizational Dynamics, Winter

1975, p. 39.