After several years of sound but unimpressive performance, Foothill Federal was bought out by Cashcorp, a much larger financial organization. Hoping to turn the new network into a stronger asset to the corporation, Cashcorp's managers begin by examining Foothill's existing performance appraisal process. Cashcorp managers quickly determine that employee evaluations have been handled very superficially in the past, typically by division managers at the central location. As a result, seniority, rather than productivity, has been the primary rationale for promotions and rewards. The HR manager assigned to integrating Foothill into the Cashcorp family immediately sees that changes will need to be made in the performance appraisal process. However, he does not want to move too rashly, as the merger has already made the Foothill workforce worried that extensive terminations and layoffs are imminent.
Which of the following, if true, would most strongly support beginning a thorough performance appraisal of the Foothill locations by reassessing performance criteria?
Corporate practice has always been to reassess performance criteria on an annual basis.
The performance goals used by Foothill are quite different from those used by Cashcorp.
The Cashcorp CEO would like to see the new Foothill locations increase their assets by at least 15 percent.
The two best performers among the Foothill branches are the most recently opened, and its employees have the fewest years of service with the firm.
Employees at Foothill have been with the firm an average of twelve years.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q127: In which of the following dispute resolution
Q128: Domino Grace is a financial services firm.
Q129: All of the following are weapons that
Q130: The human resources department of a large
Q131: In a(n) _, a third party suggests,
Q133: Suppose that your union is unable to
Q134: Which of the following statements about mediation
Q135: After several years of sound but unimpressive
Q136: _ are temporary or permanent replacements for
Q137: Domino Grace is a financial services firm.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents