Performance Appraisals
In my opinion, forced ranking performance appraisals is an effective way to judge production. I can see why people are against this method, saying that it kills the morale and that it creates a cut throat environment that doesn't involve teamwork. But overall it can motivate a person to work harder and to make sure they aren't in the bottom percentage in the ratio. The system puts employees into different categories: top 20 percent, the middle 70 percent, and the low-performing 10 percent. The managers rank employees against each other and then use the ranking to determine who receives a raise, bonus, promotions, and sometimes who gets fired.
Forced ranking allows the top-ranked employees to be rewarded for their hard work. I've worked in this type of method and was very motivated; trips, gift cards, and money are a great motivator in a sales position. While the lower ranked employees are either let go or put on some type of probationary period. This method makes it easy for an......
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