BUS 3280 Chapter Notes -Decision-Making, Organizational Culture, Job Satisfaction

Many organizations use performance appraisals of employees to guide merit pay decisions. Using an organization that you are familiar with (by working there, reading about it, knowing someone who works there, etc.), describe how performance appraisals are linked with pay. Do they use a merit pay grid? See Ch. 10 in the text for an example of such a grid. What are two pros and two cons of linking pay with performance appraisals?

Compare the characteristics and risks of vertical and horizontal growth to analyse the implications of the two different types of growth. Make a decision which type of growth you think poses the greater risk to businesses