Performance Management - Please answer the following questions justifying each of them: - What is the difference between performance management and performance appraisal? - Explain the process of performance management and analyse the role of a manager in making the process effective. - What are the characteristics of an unsuccessful versus a successful performance management system? - What are some common errors and how can they be eliminated? - Can performance management be a source of change? - Why do different organizations have different performance management systems, although the principle of performance management is the same everywhere? - Design a performance planning process for your organization (including all steps and people involved): use the Gantt chart to define the steps, timing and people involved Compensation & Benefits The company TECHTODAY S.L. is a Tech company based in Barcelona. They have 150 employees and would like to double size by December 2022. Their employees are mainly Engineering, Product, Marketing, Sales, Customer Service, HR & Finance. They have hired you as Comp&Ben Specialist and your main goal is to take ownership of TECHTODAY Comp&Ben philosophy and strategy. They ask you to: - Design a global, consistent and competitive Reward Program covering the full scope of Compensation programs (benefits, compensation leveling structure, stock options ... including sales and variable pay).