Performance Appraisal and Compensation of International Employees
17.4 Discuss performance appraisal and compensation of international employees.
Performance appraisal is a formal process for assessing how effectively employees perform their jobs. Appraisals help a manager identify problem areas where an employee needs to improve and additional training is needed. Performance appraisals are typically conducted annually.
In appraising performance, managers compare mutually agreed-upon objectives with actual performance. MNEs typically devise diagnostic procedures to assess the performance of individual employees, see whether problems are attributable to inadequate skill levels, provide additional training and resources as needed, and terminate ...
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