FREE Business Performance Management Knowledge Question and Answers
Which of the following is/are the purposes for which Adobe introduced Check-In?
Explanation:
Check-in is a continuous, two-way interaction when an employee and manager talk about performance and professional development and share current comments. It is an insightful discussion on what is working well, what can be improved, and what should be the next area of focus to increase company impact and career progress. A new, digital-first check-in is being adopted.
The following are drawbacks of continuous-feedback performance models:
Correct answer:
All of the above
Over the years, Google has made a lot of adjustments to its performance management system. One of the novel strategies is:
Explanation:
Employee stock options that can be given to a third party are known as transferable stock options. Transfers are typically restricted to close family members, investment vehicles created with family members in mind, and/or charitable organizations.
All of the following considerations, with the exception of one, affect whether performance-based pay is appropriate:
Explanation:
An employee with tenure is one who has been with a company or organization for a significant amount of time. Long-tenured employees are individuals who have worked for a company for more than five years, while short-tenured employees have only worked for the company for less than five years.
When evaluating employee performance, it's not uncommon for raters to forget to measure performance carefully, give feedback, and document outcomes. This is known as
Explanation:
The recent activity bias, also known as the recency effect, occurs more frequently than we might think during performance evaluations. When it comes time for the evaluation, managers notice the increased work effort and/or quality, and this tends to stick out in their minds more than the less-than-acceptable work produced earlier in the review period.
True or False: Higher response rates and the capacity to quickly identify and fix performance concerns will result from asking coworkers and other members of the company for anonymous feedback that is quick and simple to submit.
Correct answer:
True
The procedure whereby leaders explain the basis for each employee's performance-appraisal rating and then hold a conversation to confirm rating alignment is known as:
Explanation:
A procedure in the PMS cycle called performance calibration involves business/function people leaders debating employee performance and agreeing on performance evaluation ratings. These ratings may be entirely goal-oriented or may incorporate demonstrated behaviors as part of the competency framework.