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which one is better in performance appraisal

Created by : mula santhoshreddy, HR Executive, MINDS INTEGRATED SOLUTIONS  | 07 04 2010 04:03:52 +0000
Keywords : which one is better in performance appraisal
Activity:  698 views;  last activity : 08 19 2010 07:39:47 +0000
 
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giving promotions Vs bonus payment
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Bonus payment or monitory gain is good but it remains only for a very short period of time whereas PROMOTION as a recognition of his good job becomes his lifetime property. Therefore PROMOTION is always better.
By Suresh Prasad Gupta, Freelancer, Pharmaceuticals  07 21 2010 06:06:00 +0000
 
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In this Smart world experience does not mean he/she is intelligent. People can start providing solutions using their innovative thoughts where years of experience is not a barrier for the same, also it should not mean that only if your experience is high you should be validated for promotion. there should be some sort of tool/ evaluation method imposed in this appraisal flow.
By Vinodh Kumar, Technical Consultant, Wipro  | 07 21 2010 02:03:41 +0000
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i think promotion is the best idea... but sometime bonus payment is also important because all the you can not give promotion to every one....but appreciation is necessary so bonus payment also is important.
By sudipta saha, Consultant, SC analytics pvt ltd.  | 07 05 2010 09:32:31 +0000
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in my view the promotion is better
By mula santhoshreddy, HR Executive, MINDS INTEGRATED SOLUTIONS  | 07 04 2010 04:03:52 +0000
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Performance appraisal is one of the factors to promote somebody. For promotion consideration, years in that grade,educational qualifications etc is considered, therefore, bonus payment or double increments could be thought of.
By R N Bhattacharyya, Freelancer, Freelancer  | 07 05 2010 06:06:41 +0000
Argue for "giving promotions"
Argue for "bonus payment"
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