Which performance method would you say you like the most and the one that you like the least? Please share why you chose these two. For the most effective, how it is effective in doing the following: providing fair and reliable ways of differentiating employees; targeting and rewarding those who most deserve it; setting forth a fair and cost-effective plan for compensation; and motivating and ensuring the performance of employees. For the least effective, how it interferes with the above four items.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Which performance method would you say you like the most and the one that you like the least?  Please share why you chose these two.

For the most effective, how it is effective in doing the following:

  • providing fair and reliable ways of differentiating employees;
  • targeting and rewarding those who most deserve it;
  • setting forth a fair and cost-effective plan for compensation; and
  • motivating and ensuring the performance of employees.

For the least effective, how it interferes with the above four items.

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