What Is the Basic Problem with Employee Self-Ratings

question 54

Multiple Choice

What is the basic problem with employee self-ratings?

• A) Lack of anonymity
• B) Employee reluctance to self-rate
• C) Peers rate the employee higher than they rate themselves
• D) Supervisors generally do not take a self-rating seriously
• E) Employees rate themselves higher than they are rated by supervisors or peers

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Definitions:

Supply S1

Denotes a point or level of supply within a market for a specific good or service.

Equilibrium Wage

The wage rate at which the quantity of labor demanded equals the quantity of labor supplied; the market wage rate at which the labor market clears.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage level in a certain time period.

Labor Supply

The total hours that workers wish to work at a given wage rate, representing the availability of labor for production.