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| Topic: |
Business
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| Number of pages / Number of words: |
16 / 4318 |
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However, many other benefits may also accrue from the information yielded by the appraisal. These benefits include increases in knowledge regarding the effectiveness of selection and placement programs, training and development needs, budgeting; human resource planning, and reward decisions.
One current problem which performance appraisal faces is that the term is often used synonymously with that of "performance management"...
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Yet performance management is clearly more than a new name for performance appraisal ? ( Fletcher, 1992 ) defines performance management as:
"an approach to creating a shared vision of the purpose and aims of the organisation, helping each individual employee understand and recognise their part in contributing to them, and in so doing manage and enhance the performance of both individuals and the organization...
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