The Primary Purpose of a Performance Appraisal Is to Determine

question 20

True/False

The primary purpose of a performance appraisal is to determine a worker's eligibility for a salary increase.

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Definitions:

Layoff Cost

The financial impact associated with the termination of employees traditionally as a result of downsizing, restructuring, or automation.

Hiring And Training Cost

Expenses incurred in recruiting, hiring, and training new employees.

Regular Time Cost

This refers to the expenses associated with normal operations and working hours, excluding any overtime or special circumstances costs.

Over Time Cost

The added expense incurred from having employees work beyond their regular working hours.