Answer Happy

Appraisal & Compensation At Coco Cola Performance appraisalis the key part of every organization because it allows company tofind who their best employee is and this method allow company tomotivate their star players so that they can retain them in thefuture as well. Coco Cola is using very transparent they doperformance appraisal annually. Initially, the company give thegoal to its employees and major their work performance onparticular goal throughout 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 end of theperiod. The appraisal system in Coco Cola is very fair as they seethe worth of their employee then compare it with market and givethem appraisals accordingly. By this action, the company wants tomake their employees more committed and confident towards thecompany. (UK.Essays.com, 2015) Answer ALL the questions in thissection.
QUESTION ONE 1.2 Provide a comprehensive discussion of any five(5) fundamental requirements for a performance appraisal (30marks)