Performance appraisal is referred to as reviewing & evaluating the Job Performance of individual as well as team. An effective system is one that identifies the achievement & specifies plans for development. Performance appraisal is a process in which the employees and managers work together for the success of the organization by setting expectation, reviewing results & awarding performance.
Archives for September 2015
Job Performance is referred to as efforts that are supported by the policies of organization so that the specific goals can be accomplished. Performance is generally related with the Human Resource of the organization. Performance is the function of the following three factors, such as Ability, Motivation and Opportunity.
All the rewards that are given as a return to the employees for their services are known as worker compensation. There are different ways and types of worker compensation, especially how to determine a financial compensation. All of these activities are managed by Human Resource Management.
Recruitment and Selection Process
Recruitment and Selection process is defined as the process through which the best individuals are selected among a pool of applicants for particular positions of job. Mostly managers consider selection process as one of their critical decision functions in the organization. In selection process, the managers actually try to match knowledge, skills & abilities of the applicants with the requirements of the jobs. There is no single selection process that can be considered as standard one for all the organizations. Rather the steps & procedure of selection process varies from organization to organization.
There are number of human resource management challenges (HR Challenges) that need to be address as it is an important function of any organization. These HR challenges might be environmental challenges, organizational challenges and individual challenges, etc. Always remember that these challenges are not related to the single dimension; rather they are directed towards multi-dimensional issues that should be tackled with immediate care. Following are the broad categories of the Human Resource Management challenges in the today’s competitive world.