Question

In order to motivate her employees, Esther wants to use an appraisal system that allows them to see clearly how their performance ties into the overall performance of the firm. She should use:

a) 360-degree feedback
b) Performance-based rewards
c) Management by objectives (MBO)
d) Key performance indicators (KPIs

Answer 1

Esther should use performance-based rewards to motivate her employees and show them how their performance ties into the overall performance of the firm.

Step-by-step explanation:

b) Performance-based rewards

Esther should use performance-based rewards to motivate her employees and show them how their performance ties into the overall performance of the firm. Performance-based rewards are incentives given to employees based on their individual performance and contributions to the organization's goals. These rewards can be monetary bonuses, promotions, or other non-financial incentives that recognize and acknowledge employees' achievements.

By using performance-based rewards, Esther can create a clear link between individual performance and organizational success. This can increase employee motivation and drive, as employees understand that their efforts directly contribute to the overall performance of the firm