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Section 2

Performance, Promotion, and Firing

Book Version 6
By Boundless
Boundless Business
Business
by Boundless
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6 concepts
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Review Techniques

The four methods of collecting performance review data: objective production, personnel, judgmental evaluation, and peer or self evaluation.

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Managing Up and Employee Feedback

Organizations derive significant value from empowering employees to help manage their managers.

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Promotions

When a person receives a promotion, they are rewarded for good performance by receiving a higher rank or position in the organization.

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Terminations

Terminations occur in a variety of ways, both voluntary and involuntary, and determine the employee's future relationship with the employer.

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Retirements

When a person retires, they stop working completely or semi-retire by reducing their hours.

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Attrition

An employee leaving one company to join another one is known as attrition.

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