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Prior to beginning work on this discussion forum,
Read Chapter 8 in the textbook
Prior to beginning work on this discussion forum,
Read Chapter 8 in the textbook.
Performance appraisals and rewards differ on a global scale. For instance, the standards used to evaluate performance may differ based on cultural values. The same could be said for the rewards that an individual or team finds meaningful. In addition, the entity with the authority to assess performance and provide rewards (e.g., peer, manager, HR, etc.) can differ based on culture.
In your initial discussion forum post, answer the following questions:
Discuss the different rewards and incentives a company could use with their global workforce.
Discuss which position or roles should conduct performance appraisals within a global workforce. Provide a rationale for your decisions.
Here are some examples of processes and strategies for team performance:
Team incentives based on team performance:
At corporate level (gain-sharing and profit-sharing plans)
At department level (gain-sharing and profit-sharing plans)
Team rewards based on performance:
Middle or upper management (e.g., spot rewards such as movie tickets, gift cards, etc.)
Team allocates the incentive to team members based on the team member’s role
Individual performance-based incentives or rewards:
Quantity of work being produced by the employee
Quality of the work by the employee
Work safety records
Work attendance
Your responses should be a minimum of 300 words. Support your statements with at least one scholarly, peer-reviewed, or credible source.
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