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Solution
| Explain different methods of performance review. (AC4.3) If you use secondary sources you should include your short references in the narrative here. Wordcount: Approximately 250 words. |
| Self-Assessment
This is identified in LinkedIn (2023a), this include a process of the employees assessing individual performance and achievements with zero input of the others. The major features are employees reflecting on and rating themselves using pre-noted criteria which include meetings focus, competency and behaviours. For disadvantages, using it in Clean Quarter would lead to lack of objectivity since external validation lack. 360-Degree Feedback This is a process pursued in collection of anonymous feedback on employees performance from supervisory teams, reporting directly, peers and in some cases their customers or external stakeholders. The main features include provision of multi-ratter assessment process from various perspectives concerning an employee performance (Prevue Hr, 2021). Besides, the method uses immense time in administering and likely fail in terms of consistency in standards of the ratters which can be used in Clean Quarter. Annual Reviews This is identified to include formal-based meeting by the employee and their supervisors in an event their performance over the past year is assessed against set objectives and competencies (CIPD, 2022b). The method include a summative assessment for rating the performance, offering formal feedback, discussion of development demands and setting goals for next working period. For their disadvantage, using it in Clean Quarter, delays upto the time in the year done could mean failure to consider multiple occurrences which occurred outside the timeline.
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| Explain the key components of an effective total reward system. (AC5.1)If you use secondary sources you should include your short references in the narrative here. Wordcount: Approximately 250 words. |
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