You Are Appraising the Performance of Your Employees

question 59

Multiple Choice

You are appraising the performance of your employees.The performance measure contains a scale that measures dependability.This scale lists several behaviors that vary in dependability from "often misses work with no excuse" to "always complete tasks by deadline." The rater selects the behavior that best describes the ratee.This performance measure is a

• A)graphic rating form.
• B)behaviorally anchored rating scale.
• C)job evaluation form.
• D)behavior observation scale.

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Definitions:

Compensation Expense

The total cost incurred by a business to pay its employees, including wages, benefits, bonuses, and taxes.

Common Stock

Equity ownership in a corporation, with voting rights and the potential for dividends, representing a claim on a portion of the company's assets and earnings.

Fair Value

The estimated market value of an asset, based on current prices in an open and competitive market.

Stock Option Plan

A scheme offered by a company to its employees, allowing them to purchase company shares at a predetermined price after a set period.