The correct answer is D. All of these.
Merit rating is a system of performance appraisal that rates employees on their job performance. It is used to determine pay raises, promotions, and other rewards. There are three main methods of merit rating: the point method, the ranking procedure, and the grading method.
The point method is a quantitative method of merit rating. Employees are rated on a number of factors, such as job knowledge, job skills, and job performance. Each factor is assigned a point value, and employees are given a total score based on their performance on all of the factors.
The ranking procedure is a qualitative method of merit rating. Employees are ranked from best to worst on their job performance. The ranking procedure is simple to use, but it can be subjective and difficult to defend if challenged.
The grading method is a combination of the point method and the ranking procedure. Employees are rated on a number of factors, and they are then ranked within each factor. The grading method is more objective than the ranking procedure, but it is also more complex to use.
Merit rating is a valuable tool for managing employee performance. It can help to improve employee morale, productivity, and job satisfaction. However, it is important to use merit rating fairly and consistently.