Reading Essay Topic #6 Instructions (40 pts) Compensation and Performance Appraisals

Prior to attempting this essay topic, be sure you have read all of the assigned readings for the week and viewed any lectures / presentations included in the Week Six course content.

Prompt #1:  Compare the factors being measured in job-based pay, skill-based pay, and competency-based pay (6 pts) What are the advantages (6 pts) and disadvantages (6 pts) to implementing each of these measurement systems? (Refer to Chapter 3 in the MTT text.)

(insert response here)

Prompt #2:  Why are 360-degree, or multi-rater, feedback methods becoming more common and popular than single-source, top-down evaluation systems? (4 pts). What are some of the preliminary steps to developing a 360-degree evaluation system within an organization? (3 pts) Why is it important for each specific organization to tailor the 360-degree system to fit their organizational design rather than duplicate another company’s system? (5 pts) (Refer to Chapter 3, pages 58-60,  in the MTT text.)

(insert response here)

Prompt #3:  What are some possible biases in peer evaluations? (5 pts) What are some possible ways to eliminate rater and ratee bias from evaluation processes? (5 pts) (Refer to Chapter 3, pages 61-69 in the MTT text.)

(insert your response here)

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