2. PRINCIPLES OF HUMAN RESOURCE MANAGEMENT
Performance assessment and Management
Unit 3: Performance Assessment and management
Performance management & Appraisal;
Criteria for good assessment;
Methods of appraising performance;
Raters of employee performance;
Feedback process;
Enhancing performance measurement;
Balanced scorecards- Case Analysis/ Class Presentation- compensation
administration;
Legal regulation in Indian compensation;
Job evaluation methods – establishing internal equity- external equity-
individual equity;
Establishing the pay structure- Incentive Compensation;
Linking pay to performance;
Individual incentives;
Group incentives;
Making variable pay successful- Benefits Management;
Types of benefits; Issues in indirect compensation; Role of benefits in
reward systems- Employee Transactions; Career planning; Career
management methods