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     Asian Journal of Business Management


Employee Performance Evaluation based on Relative Ratio Method

Lanping Li
Department of Basic Subjects, Hunan University of Finance and Economics, Changsha 410205, P.R. China
Asian Journal of Business Management  2014  1:58-62
http://dx.doi.org/10.19026/ajbm.6.5315  |  © The Author(s) 2014
Received: November 04, 2013  |  Accepted: November 13, 2013  |  Published: February 15, 2014

Abstract

For the problem of employee performance evaluation model, in which the index evaluation values are linguistic variables, a multiple attribute decision making method named relative ratio method is proposed based on triangular fuzzy numbers. First, the linguistic variables are transferred into triangular fuzzy numbers and to obtain the criteria weight, the triangular fuzzy number decision matrix is firstly defused into a crisp number decision matrix. Then the variation coefficient method is used to determine the evaluation criteria weight. Finally, based on the concept of relative ratio method, relative approach degree is induced for sorting and merit of employees’ performance. At the end of the study, an example is given to illustrate the feasibility and effectiveness of the proposed method.

Keywords:

Coefficient of variance, employee performance evaluation, linguistic variable, relative ratio method, triangular fuzzy numbed,


References


Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.

ISSN (Online):  2041-8752
ISSN (Print):   2041-8744
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