Human Resources Management ASSIGNMENT 4, Study Guides, Projects, Research of Human Resource Management

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\, \, What is Ageraisal? Answer: An ageraisal iS a valuation of grogerty, Such aS veal estate, a uses, collectible, or an antique, loy the estimate of an authorized gevSon. The authorized appraiser must have a desianation From a veaulatory loody Joverning the \isdiction of the ageraiser. Appraisals ave typically used for MnSUrance And taxation eureeses ov to determing a possible Selling price for an item ov property, ii, Outline the goals of an effective performance aperaisal Anower. Hele supervisors to observe theiv Suleordinates more closely and to do a better coaching job. Motivate employees by Providing, feedback on how they are. doing, Provide loack-ve data for management decisions concerning merit increases, Promotions, transfers, dismissals, And Se on, WL. Explain the Stegs involved in the aeeraisal process. Anower: \ Establish Performance Standards ‘L. Communicate Performance Exgectations to Employees % Measuve Actual Performance 4. Compare Actual Performance with Standards 5, Discuss the Ageraisal with the Employee 6. Initiate Corrective Action