Effective Performance Management Appraisal Methods – Traditional vs. Modern Approaches

Effective Performance Management Appraisal Methods – Traditional vs. Modern Approaches

Effective Performance Management Appraisal Methods – Traditional vs. Modern Approaches

, you are tasked with drafting a research sumamry for an organization of at least  1,000 employees. The topic for this assignment is effective performance  appraisal methods. For this assignment, you are the corporate HR  compensation manager. As such, you oversee job evaluation and  classification, performance measurement, and compensation. For purposes  of your research, you may choose from three different industries:

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  1. Manufacturer of Kitchen Appliances
  2. Fast Food Franchise – Deli Sandwiches
  3. Information Technology – HR Software

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Based  on the industry selected, consider three or more job categories most  commonly employed at your organization. Based on these job categories,  which performance appraisal methodology would be appropriate, in your  opinion, for each job category identified and why? Whatever you decide,  you must explain your choice(s) by job category and justify your answer(s). Your choices are:

Traditional Methods of Performance Appraisal

Critical incident Method

Forced Choice or Ranking Method

Free Form Essay Method

Graphic Rating Scales

Paired Comparison Method

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Modern Methods of Performance Appraisal

360-Degree Feedback

Assessment Centers

Behaviorally Anchored Rating Scales (BARS)

Management by Objectives (MBO) Effective Performance Management Appraisal Methods – Traditional vs. Modern Approaches

Self-Evaluation

To  be successful, students are required to  evaluate each of  the typical performance appraisal methods listed above. Bear in mind  that there is “no one size fits all” performance appraisal method for an  organization. Performance appraisal methods used by organizations  depend on the industry, the internal classification of the jobs, and the  use of performance measurement systems in determining one’s level of  productivity and, in turn, level of compensation. Thus, one’s  eligibility for recognition and financial reward(s) depends largely on  the performance measurement process selected by an organization. This is  because an organization hires employees in a variety of job categories,  some of which are hourly, while others fall into technical,  professional, or management jobs. As such, performance appraisal methods  will vary in order to capture the most realistic performance appraisal  elements that would apply for a given position. Effective Performance Management Appraisal Methods – Traditional vs. Modern Approaches