📝 One-liners · 65 cards
B PERFOMANCE MANAGEMENT
What is Performance Management in the context of banking HR?
Performance Management is a continuous process of identifying, measuring, and developing the performance of individuals and teams, aligning their performance with the strategic goals of the bank.
What is the 'Strictness Bias' or 'Severity Error' in performance appraisal?
Rater consistently gives lower ratings than deserved to employees.
What is the primary purpose of a Performance Appraisal System in banks?
Performance appraisal aims to evaluate an employee's job performance against pre-set targets, provide feedback, and link performance outcomes to rewards, promotions, and training needs.
What is the BARS (Behaviourally Anchored Rating Scale) method of appraisal?
Appraisal method linking rating scales to specific behavioural examples.
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