Examlex
Describe the steps involved in the balance sheet approach to employee pay in international settings?
Z-Scores
A statistical measurement that describes a value's relationship to the mean of a group of values, expressed in terms of standard deviations from the mean.
Distributional Errors
Definition: Mistakes that occur when evaluating employee performance, typically involving the incorrect application of a uniform distribution across performance categories.
Contrast Errors
Mistakes made in evaluating performance where an employee's assessment is unfairly influenced by the comparison with another’s performance.
Rating Scale
A system or tool used for evaluating or assessing performance, quality, or satisfaction across a defined range.
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