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Ranking in statistics. In statistics, ranking is the data transformation in which numerical or ordinal values are replaced by their rank when the data are sorted. For example, the numerical data 3.4, 5.1, 2.6, 7.3 are observed, the ranks of these data items would be 2, 3, 1 and 4 respectively.
Alternation ranking method- Ranking employees from best to worst on a particular trait, choosing highest, then lowest, until all are ranked. It is usually easier to distinguish between the worst and best employees.
Forced choice method. In the forced choice method, the reviewer is given a number of statements that apply to the employee, and the reviewer must decide whether each statement is true or false. In other words, the reviewer is forced to make a choice.
Sometimes called the forced ranking or forced choice method, forced distribution is a form of employee evaluation in which employees are ranked against one another rather than performance standards, explains SuccessDart.
A procedure in which a participant sorts various study stimuli (e.g., cards, pictures, words, people) from highest to lowest on a dimension of interest.
The forced distribution rating system (FDRS) is a performance appraisal system that forces supervisors to distribute a predetermined percentage of employees in categories based on their employees' performance relative to other employees' performance.
The main advantage of the ranking appraisal method and the reason it was developed in the first place is to quickly identify who is top of the class in terms of meeting the company's key goals.
Alternation Ranking Method:First, list all subordinates to be rated and then cross out the names of any not known well enough to rank. ADVERTISEMENTS: Then, on a form such as that in Exhibit 2.2, indicate the employee who is the highest on the characteristic being measured and also the one who is the lowest.
Example of Forced Distribution Method For example, a manager of XYZ corporation evaluating 30 employees can be instructed to put 5 employees each in the 'outstanding' and the 'poor' category, whereas 20 will fall in the range of average performers.
Ranking Method is the simplest form of job evaluation method. The method involves ranking each job relative to all other jobs, usually based on some overall factor like 'job difficulty'. Each job as a whole is compared with other and this comparison of jobs goes on until all the jobs have been evaluated and ranked.