Question: uccessful performance assessment is critical to creating a valid selection process. Discuss the main types of objective and subjective methods of assessing performance, and explain

uccessful performance assessment is critical to creating a valid selection process. Discuss the main types of objective and subjective methods of assessing performance, and explain the strengths and weaknesses of each type; focus on describing how to mitigate the weaknesses associated with both objective and subjective performance measures

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=+requiring fi rms to pay workers a real wage of one unit of output. How does this wage compare to the equilibrium wage?

=+ d. Congress cannot dictate how many workers fi rms hire at the mandated wage. Given this fact, what are the effects of this law?