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Appraisal & Compensation At Coco Cola Performance appraisal is the key part of every organization because it allows comp

Posted: Wed Jul 06, 2022 6:07 am
by answerhappygod
Appraisal & Compensation At Coco ColaPerformance appraisal is the key part of every organization becauseit allows company to find who their best employee isand this method allow company to motivate their star players sothat they can retain them in the future as well.Coco Cola is using very transparent they do performance appraisalannually. Initially, the company give the goal to itsemployees and major their work performance on particular goalthroughout the year or so and then the employee whoachieved the goal according to the define measures by theManagement of the company received the appraisal at the endof the period.The appraisal system in Coco Cola is very fair as they see theworth of their employee then compare it with market andgive them appraisals accordingly. By this action, the company wantsto make their employees more committed andconfident towards the company. (UK.Essays.com, 2015)Answer ALL the questions in this section.QUESTION ONE
1.1 Discuss how performance management and performance appraisalare related in improving the performance of humancapital within an organisation