Performance Appraisal: State of the Art in Practice (Jossey-Bass Business & Management) Review

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Performance Appraisal: State of the Art in Practice (Jossey-Bass Business & Management) ReviewAs stated by series editor Manuel London, "the current volume, edited by J.W. Smither, provides state-of-the-art methods for performance management. The authors recognize the strategic, systemic role of a performance appraisal process that evaluates employees or behaviors that are important to organizational success and ties the appraisal results to rewards and development...The goal is to design a performance appraisal process that is fair and applies in different organizational situations and contexts. New forms of appraisal are described, such as 360-degree survey feedback and self-assessment. The book shows how to increase rater accuracy and how to use appraisals for employee development. Overall, the book is valuable resource to practitioners who want to evaluate and revamp their appraisal systems to meet the changing needs of their organizations."
In this context, as a sample, in thirteenth chapter of this book " Performance-Based Pay Plans" Robert L. Heneman and Maria T. Gresham focus the issue of how organizations can most effectively make the link between performance appraisal and compensation and incentive systems. As stated by them " this requires an understanding of the need for performance-based pay, the compensation context, types of reward systems, design issues, and implementation issues." Thus each of this topics have been examined as a literature review :
* types of pay and performance plans : merit pay, team-based merit pay, skill-based pay, competency-based pay, piece-rate pay, standart hour plan, group incentives, suggestion systems, team recognition plans, gainsharing, sales commissions and team sales plans, profit sharing and stock sharing, executive pay.
* pay and performance plan effectiveness.
* design issue : integration with business strategy and organizational culture, motivational considerations, performance measurement levels.
* implementation issues : measurement, fairness, communications.
Not only this chapter, but this book as a whole is highly recommended for HR professionals.
See also : Maximizing the Value of 360-Degree Feedback - Walter Tornow, Manuel LondonPerformance Appraisal: State of the Art in Practice (Jossey-Bass Business & Management) OverviewA research-based guide to performance appraisal written for real-world practitionersA timely, useful and practical collection of chapters confronting and posing solutions to some of the more thorny performance management problems and dilemmas facing HR practitioners today. Practitioners would be wise to acquire this informative volume and to use it as a tool for developing leading-edge performance management systems.--Edward M. Mone, HR division manager/strategic planning and development, AT&TPart of the successful SIOP (Society of Industrial and Organizational Psychology) series, this book fulfills the practitioner?s long-standing need for a research-based guide to the best performance appraisal practices currently in use. Addressing an issue vital to all organizations, it introduces readers to thought and theories on the cutting-edge of their profession. Plus, it provides nuts-and-bolts guidance to a broad spectrum of timely issues such as legality, fairness, team settings, and incentive programs. A seamless fusion of state-of-the-art research and practical application, it will prove of great interest to both academics and practitioners in the field looking for ways to elevate and refine their craft.

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