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The Compensation Handbook, Sixth Edition: A State-of-the-Art Guide to Compensation Strategy and Design, 6th Edition by Dorothy Berger, Lance Berger

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38

Guidelines for Effective Executive Performance Appraisals

JAMES F. REDA

Arthur J. Gallagher & Co.’s Human Resources and Compensation Consulting Practice

MOLLY A. KYLE

Arthur J. Gallagher & Co.’s Human Resources and Compensation Consulting Practice

Although most large companies have an executive performance-appraisal process, more needs to be done to improve the process. The performance-appraisal process provides an opportunity to capture the attention of every individual in a company and point each individual toward the goals set for the organization as a whole. Executive talent is the most expensive and most important part of an organization. As such, this precious resource needs to be constantly evaluated, appraised, and encouraged to ...

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