2 Capital Mean? A term used to describe the capital adequacy of a bank. Tier II capital is secondary bank capital that includes items such as undisclosed reserves‚ general loss reserves‚ subordinated term debt‚ and more. operating Ratio - A performance measurement for insurers which shows the sum of expenses and losses expressed as a percentage of premium. Operating Ratio [pic] What Does Operating Ratio Mean? A ratio that shows the efficiency of a company’s management by comparing operating
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Introduction Performance appraisal is defined by Mathias‚ Jackson (2005‚ p106) as ‘the process of evaluating how well employees perform their jobs as compared to a set of standards‚ and then communicating that information to those employees.’ This evaluation or review is usually carried out periodically. A performance appraisal usually forms an integral part of an organization’s Performance Management System‚ and although there are criticisms against performance appraisals‚ its many advantages
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Interview : Salery Negotiations General Interview Tips And Tricks Salary negotiation is more of an art than a science. It usually is one of the most neglected and under-rated aspects of a Job search. I have heard quite a few people say‚ "I just want to get my foot in the door‚ and I don’t care about how much they pay me to start with. Once I am in‚ I can get good raise etc." In my opinion‚ don’t ever make that mistake. It just doesn’t work that way. Do not accept a position at a salary lower than
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A RESEARCH REPORT ON “PERFORMANCE APPRAISAL” IN BANKING SECTOR Submitted for the fulfillment for the award of MASTER OF BUSINESS ADMINISTRATION (Sikkim Manipal University) (SESSION: 2009-2010) |Submitted To: |Under the Guidance of: | |Mr. Pankaj Upadhyay |Mr. Pankaj Upadhyay
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Performance appraisal‚ reward and promotion policies “Blaze new trails. Never settle for second best. Succeed together‚ celebrate and do something bigger”. That’s what performing of Pepsi Cola International is all about. Pepsi-Cola International‚ with operations in over 150 countries‚ has developed a common performance appraisal system that focuses on motivating managers to achieve and maintain high standards of performance. It contains five feedback mechanisms - instant feedback‚ coaching‚
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Brief Background on Merck & Co. Performance Appraisal System The past and existing performance appraisal of Merck & Co. was ineffective to identify and reward performance to a certain extent. Although the company was paying their employees around seven to eight percent more than the average compensation in other large companies‚ the performance appraisal system did not clearly identified outstanding performance‚ which caused inequity in rewarding performance and led to unhappiness among the
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How to Use Performance Appraisals to Motivate Employees By Ken Lloyd from Performance Appraisals and Phrases For Dummies Motivation is the process that energizes employees and propels them to pursue their goals. Well-designed and well-executed performance appraisals have a strong motivational impact. Appraisals have the power to motivate employees because they provide a number of interconnected benefits: They demonstrate the need for improvement. If employees don’t have a clear understanding
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Case 7.1: The Politics of Performance Appraisal Max Steadman‚ Jim Coburn‚ Lynne Sims‚ and Tom Hamilton are managers at Eckel Industries‚ a manufacturer of arc-welding equipment in Minneapolis. They work in the manufacturing division each supervising a different department within the division. Every Friday the managers meet after work for drinks to relax‚ gossip‚ and give and receive advice about problems on the job. This week they discuss performance appraisals which they recently conducted. Each
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Running Head: PERFORMANCE APPRAISAL 1 Debra L. Immel HCA 311 Human Resources Management Performance Appraisal Assignment Instructor: Volante Henderson July 29‚ 2013 PERFORMANCE APPRAISAL 2 Performance Appraisal Assignment Performance appraisals can increase employee performance and improve the work environment.
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PERFORMANCE APPRAISAL - 360 DEGREE FEEDBACK PERFORMACE APPRAISAL INTRODUCTION People differ in their abilities and their aptitudes. There is always some difference between the quality and quantity of the same work on the same job being done by two different people. Therefore‚ performance management and performance appraisal is necessary to understand each employees abilities‚ competencies and relative merit and worth for the organization. Performance appraisal rates the employees in terms
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