Question Description
I’m studying for my Business class and don’t understand how to answer this. Can you help me study?
Read chapter 8 performance management in the textbook and answer two questions:
1.Why do you think Facebooks employees wanted to keep rather than abandon performance ratings?
2.What else could Facebook do to improve the effectiveness of its performance management process?
Explanation & Answer
Attached. Please let me know if you have any questions or need revisions.
Running head: PERFORMANCE MANAGEMENT
Performance Management
Name
Institutional Affiliation
1
PERFORMANCE MANAGEMENT
2
Performance Management
Facebook's Decision on Performance Ratings
In 2015, when most Fortune 500 companies were implementing radical changes by
abandoning their performance management systems, Facebook employees, through a survey by
the executive, decided to keep the performance rating systems. After a critical analysis of the
costs, benefits, and employee opinions, Facebook agreed to maintain its rating design for three
reasons, transparency, fairness, and development (Goler et ...