A COMPARISON OF THE APPRAISAL SYSTEMS AND APPRAISAL-COMPENSATION INTERLINKS USED BY ESTONIAN PUBLIC AND PRIVATE UNIVERSITIES

The performance appraisal and compensation aspects in the public and private universities have growing importance. Even publicly funded universities have to seek for additional resources from private market and thus monitor and develop their performance accordingly. The purpose of this study is to compare performance appraisal as well as compensation policies and systems in Estonian public and private universities in order to determine the possible differences. The results indicate no major differences between two investigated sub-samples. Yet, private universities seem to value student feedback and other market-driven appraisal aspects slightly more than public universities, who value more development interviews.