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List Four of the Seven Major Performance Appraisal Methods

question 104

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List four of the seven major performance appraisal methods.


Definitions:

Stock Purchase Plans

Programs offered by companies allowing employees to purchase company stock often at a discount, aiming to align the interests of employees and shareholders.

Stock Option Plans

A compensation strategy that gives employees the option to purchase company stock at a predetermined price at a future date.

Profit-Sharing Plans

A company-wide program that provides employees with a share in the company's profits, usually in the form of a bonus or retirement benefit.

Unions

Organizations formed by workers to collectively negotiate with employers regarding wages, working conditions, and other employment rights and benefits.

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