Q. No. Max. Marks: 07 1 Forced Distribution Method (Bell Curve) for employee performance evaluation is graphically shown below Performance Review 1 to 5 Ratings Bell Distribution Curve Alec McPhedran 2014 No of Employees 1 Normal Company Wide Ratings 2 3 5 Unacceptable Room for Meets Exceeds Outstanding improvement expectations expectations The predetermined percentage of employees that can fall within each of the five performance bands is mentioned below: 15% high performers (Outstanding) 20% high-average performers (Exceeds Expectations) 30% average performers (Meets Expectations) 20% low-average performers (Room for Improvement) 15% low performers (Unacceptable) Suppose that you hired 20 Management Trainees and at the end of their 1-year probation period, their annual performance needs to be evaluated and rated in relation to each other. If the forced distribution method is to be strictly followed, how many Management Trainees can fall within each of the following performance bands? Outstanding Room for Improvement Exceeds Expectations Unacceptable Meets Expectations A Lump-Sum Merit Award needs be provided to the Management Trainees who fall within the top three performance bands i.e. "Outstanding", "Exceeds Expectations" and "Meets Expectations" as per the below mentioned matrix. Organization's Performance Rating (Weight = 0.5) Employee's Performance Outstanding Excellent Good Marginal Unacceptable Rating (Weight = 0.5) Outstanding 1.00 0.90 0.80 0.70 0.00 Exceeds Expectations 0.90 0.80 0.60 0.00 0.70 Page 2 of 8 Meets Expectations 0.80 0.70 0.60 0.50 0.00 Room for Improvement Unacceptable All the 20 Management Trainees were hired at the starting annual salary of $10,000 and the maximum incentive award will be 10%. If the organization's performance during the period under review was "Excellent", how much lump-sum reward will each of the Management Trainees in the following performance bands receive? Outstanding Exceeds Expectations Meets Expectations M. Van Q. No. Max. Marks: 07 1 Forced Distribution Method (Bell Curve) for employee performance evaluation is graphically shown below Performance Review 1 to 5 Ratings Bell Distribution Curve Alec McPhedran 2014 No of Employees 1 Normal Company Wide Ratings 2 3 5 Unacceptable Room for Meets Exceeds Outstanding improvement expectations expectations The predetermined percentage of employees that can fall within each of the five performance bands is mentioned below: 15% high performers (Outstanding) 20% high-average performers (Exceeds Expectations) 30% average performers (Meets Expectations) 20% low-average performers (Room for Improvement) 15% low performers (Unacceptable) Suppose that you hired 20 Management Trainees and at the end of their 1-year probation period, their annual performance needs to be evaluated and rated in relation to each other. If the forced distribution method is to be strictly followed, how many Management Trainees can fall within each of the following performance bands? Outstanding Room for Improvement Exceeds Expectations Unacceptable Meets Expectations A Lump-Sum Merit Award needs be provided to the Management Trainees who fall within the top three performance bands i.e. "Outstanding", "Exceeds Expectations" and "Meets Expectations" as per the below mentioned matrix. Organization's Performance Rating (Weight = 0.5) Employee's Performance Outstanding Excellent Good Marginal Unacceptable Rating (Weight = 0.5) Outstanding 1.00 0.90 0.80 0.70 0.00 Exceeds Expectations 0.90 0.80 0.60 0.00 0.70 Page 2 of 8 Meets Expectations 0.80 0.70 0.60 0.50 0.00 Room for Improvement Unacceptable All the 20 Management Trainees were hired at the starting annual salary of $10,000 and the maximum incentive award will be 10%. If the organization's performance during the period under review was "Excellent", how much lump-sum reward will each of the Management Trainees in the following performance bands receive? Outstanding Exceeds Expectations Meets Expectations M. Van