After reading this article you will learn about:- 1. Meaning of Merit Rating 2. Concepts and Definitions of Merit Rating 3. Objects 4. Process 5. Importance 6. Advantages 7. Limitations. Meaning of Merit Rating: Merit Rating is also known as performance appraisal or performance evaluation. It is a systematic process for measuring the performance of […]
Quantitative and Qualitative Methods of Job Evaluation
After reading this article you will learn about the quantitative and qualitative methods of job evaluation. Qualitative Methods of Job Evaluation: Evaluation of a thing can be done by keeping in view the qualitative as well quantitative aspects. Since quality is an important aspect of measurement and evaluation, it is of immense importance. Following qualitative […]
Job Evaluation: Need, Benefits and Limitations
After reading this article you will learn about:- 1. Meaning and Definitions of Job Evaluation 2. Need for Job Evaluation 3. Objectives 4. Principles 5. Benefits 6. Essentials 7. Limitations. Meaning and Definitions of Job Evaluation: Job evaluation is an orderly and systematic process of determining the wages worth for the job in relation to […]
Methods of Merit Rating: Traditional and Modern Methods
After reading this article you will learn about the traditional and modern methods of merit rating of employees. Traditional Methods of Merit Rating: The various traditional methods used are mentioned below: (i) Ranking Method: It is the simplest, oldest and most conventional method of merit rating. Every employee is judged as a whole without distinguishing […]
Ethical Dilemmas for a Manager | Company Management
Managers have a different role to play in their work place as compared to his or her personal life decisions. The manager has is targets set for the year, month and each day. There are regular reviews, check and rewards and punishment for his progress in this field. These are tangible and all stakeholders keep […]
