Ranking Method
What do you mean by Ranking Method?
Expert
It is the oldest and simplest method of performance appraisal in which employees’ are ranked on certain criteria such as trait or characteristic. The employee is ranked from highest to lowest or from worst to best in an organization. Thus if there are seven employees to be ranked then there will be seven ranks from 1 to 7. Rating scales offer the advantages of flexibility comparatively easy use and low cost. Nearly every type of job can be evaluated with the rating scale, the only condition being that the Job-performance criteria should he changed’ .In such a way, a large number of employees can be evaluated in a shorter time period. Thus, the greatest limitation of this method is that differences in ranks do not indicate how much an employee of rank 1 is better than the employee whose rank is last.
Distinguish between Personnel Management and Human Resource Management?
What is Wendell French’s definition of Performance appraisal?
Explain the Personal sources of stress.
What do you mean by Job Analysis and Job Evaluation?
What do you mean by Executive development Program (EDP)?
Understanding of Human Resource Management according to wikstrom
What do you mean by Problems of Performance Appraisal?
Explain briefly the term ‘360 degree performance appraisal system’?
What are the Four-Phased Process of HRP?
How can it be analyzed which is ‘Newsworthy’ about the Business?
18,76,764
1953323 Asked
3,689
Active Tutors
1442025
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!