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Essay / Research Paper Abstract
A 4 page paper devising a performance appraisal system for Kudler. The system provides weighting for various positions within the company. Bibliography lists 5 sources.
Page Count:
4 pages (~225 words per page)
File: CJ6_KShrKudPerfApp.rtf
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Unformatted sample text from the term paper:
and is able to verbalize what is obvious, yet rarely acknowledged: "Performance appraisals are like seat belts. Everybody agrees theyre a good idea, but lots of people find
them awkward to use" (Grayson, 2002; p. 46). Awkward or not, study after study has found that appraisals done well can contribute to greater morale and increased productivity.
Financial capital refers to the financial resources available to the organization and often has been viewed as the only aspect of value within the
organization. Human capital refers to the value residing within the individuals of the organization. The overriding goal of performance management is to optimize the organizations human capital in
ways aligned with the organizations needs. A new performance measurement tool should reflect this balance. Defining Performance Management There is one primary
piece of advice that Byrne (2006) offers human resources (HR) professionals seeking to design and implement a performance management (PM) policy: "Appreciate that designing, introducing, and maintaining performance management systems
is a difficult process" (p. 114). Its four components include: * "Agreements/objectives/standards * "Managing/communicating/facilitating/Encouraging * "Assessment/Appraisal * "Remuneration/Compensation/Rewards" (Byrne, 2006; p. 114) Table 1. Weighting System by Position
Assessment Points Management Front End Back End Mid-Level Store Dept Cash Bag Stock Specialty Financial Management 5 5 NA NA NA NA Business Development 5 5 NA NA
NA NA Communication 5 5 5 5 5 5 Technical Understanding 4 4 4 4 4 4 Innovation development 4 4 NA NA NA NA Leadership 5 5 3 3
3 3 Teamwork 5 5 4 4 4 4 Customer Service 5 5 5 5 5 5 Attention to Detail NA NA 5 5 5 5 Accurate Record Keeping NA
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