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Performance Appraisal, Training & Development and Managing Employer and Employee Relationships are important functions of a Human Resource Manager - Leaving Cert Business - Question A - 2008
Question A
Performance Appraisal, Training & Development and Managing Employer and Employee Relationships are important functions of a Human Resource Manager. Explain the func... show full transcript
Worked Solution & Example Answer:Performance Appraisal, Training & Development and Managing Employer and Employee Relationships are important functions of a Human Resource Manager - Leaving Cert Business - Question A - 2008
Step 1
Explain Performance Appraisal
Answer
Performance Appraisal is the process of systematically reviewing employee performance in relation to predetermined objectives and goals. It allows the Human Resource Manager to assess an employee’s effectiveness, where strengths are highlighted, and areas requiring improvement are identified. This process not only forms the foundation for personnel decisions but also motivates employees to maximize their performance by setting clear expectations.
Step 2
Analyse the benefits of Performance Appraisal
Answer
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Determines Salary Levels: Through performance appraisals, organizations can establish fair and competitive salary levels based on actual performance, ensuring equity and motivation.
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Provides for Career Development: By clearly communicating performance criteria, appraisals aid employees in understanding what is required for advancement within the organization, thus fostering career development.
Step 3
Explain Training and Development
Answer
Training and Development encompass initiatives that enhance the skills, knowledge, and abilities of employees. This may involve specific job training or broader professional development programs aimed at improving overall employee capability within the organization.
Step 4
Analyse the benefits of Training and Development
Answer
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Improved Quality of Work: With proper training, employees are able to produce work that meets high standards, leading to increased customer satisfaction and fewer complaints.
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Enhanced Employee Motivation: Employees who receive training are often more engaged and motivated, as they feel valued and equipped to handle their responsibilities effectively.
Step 5
Outline different methods of reward used to motivate employees
Answer
Employees can be motivated through various reward systems:
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Monetary Rewards: This includes wages and salaries based on hourly rates, piece rates, or commissions.
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Time Rate/Piece Rate: Payment can be made at a specified rate per hour or based on the number of units produced.
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Bonuses: Providing additional financial incentives for achieving specific targets or performance metrics.
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Commissions: Rewarding employees based on the sales they generate, promoting a performance-driven culture.
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Fringe Benefits: Additional perks such as health insurance and profit-sharing plans enhance job satisfaction and loyalty.
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Profit-sharing Schemes: Employees receive a share of the company's profits, fostering a collective interest in the success of the business.
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Job Promotions: Offering higher responsibilities and titles as a means to recognize outstanding performance.