Exam (elaborations)
HRM2604 Assignment 5 Semester 2 2024 I Due 29 October 2024
- Institution
- University Of South Africa
HRM2604 Assignment 5 Semester 2 2024 .... 100% TRUSTED workings with detailed answers.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Content preview
HRM2604ASSIGNMENT 5 SEMESTER 2 2024
DUE DATE: 29 OCTOBER 2024
QUESTION 1: Which of the three main approaches to measuring performance would be
most suitable for Oliver’s job? Provide a reason for your answer with reference to the
scenario. (4)
The most suitable approach for measuring Oliver's performance is the results-based method. This
approach assesses employees based on their outcomes, such as the achievement of sales targets
(Dessler, 2020). In Oliver's situation at Red Arrow, performance measurement is clearly centered
around the number of properties sold, with the top salesperson being determined by annual sales
figures. Given that Red Arrow operates on a commission basis, Oliver's success is directly linked
to his sales capabilities. Therefore, evaluating his performance based on the results he generates
makes the results-based approach the most fitting.
QUESTION 2: Briefly explain how the approach you suggested in question 1 is generally
applied to measure employee performance. (4)
The results-based approach evaluates performance by establishing specific goals or targets for
employees and measuring their success in meeting these objectives (Aguinis, 2019).
This approach typically includes several key steps.
1. Goal-Setting: Employees are assigned clear and measurable targets that align with the
organization’s strategic objectives.
2. Ongoing Monitoring: Employee performance is continuously tracked to ensure progress
towards the established goals.
3. Evaluation: At the conclusion of the performance period, the actual results are compared
to the predetermined goals to assess performance.
In Oliver's case, his performance would be monitored based on his sales figures, and at
year-end, his results would be evaluated against the targets set with Felicity.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller StudyAidPro. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R51,47. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now