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Performance Management Systems and Strategies
book

Performance Management Systems and Strategies

by Dipak Kumar Bhattacharyya
June 2011
Intermediate to advanced
378 pages
14h 11m
English
Pearson India
Content preview from Performance Management Systems and Strategies
RANKING SYSTEMS

Ranking systems take a markedly different approach by comparing employees against one another and then assign a rank order. This is similar to grading system in the classroom. Here we do not apply a set standard to all employees and the best performer can determine where everyone else will fit in. This system promotes healthy competition among employees and when reinforced by an effective incentive programme, it even develops a cascading effect on productivity enhancement. There are various types of ranking, which is primarily decided based on the organizational need and nature of data.

  • Forced Distribution: It divides the workforce into three categories: high performance, average performance, and low performance. This distribution ...
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Publisher Resources

ISBN: 9789332503335