Aligning Performance Appraisals and Compensation Plans - Essay Example

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Summary

This work called "Aligning Performance Appraisals and Compensation Plans" focuses on how the Management by Objective (MBO) method of performance appraisal can impact the employee compensation plan. It is clear about many methods of appraising an employee in an organization which depends solely on the type of organization…

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Subject: Management
Type: Essay
Level: Undergraduate
Pages: 6 (1500 words)
Downloads: 0

Extract of sample "Aligning Performance Appraisals and Compensation Plans"

Table of Contents

1.0 Introduction3

2.0 MBO method of Performance Appraisal3

3.0 Use of MBO method in Employee Compensation3

4.0 Effectiveness of MBO in Compensation4

5.0 Impact of MBO method on different stakeholder groups4

6.0 Challenges of implementing MBO5

7.0 Conclusion5

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