Employee Performance Appraisals
A performance appraisal is a regular review
of an employee's job performance and overall contribution to a
company. Also known as an annual review, performance review or
evaluation, or employee appraisal, a performance appraisal evaluates
an employee's skills, achievements, and growth
Most businesses conduct employee evaluations on a regular basis, usually at least once a year. The evaluation typically includes a review of how the employee’s various work duties and habits compare with expectations. Often, the evaluation results are a key consideration for promotions, bonuses and raises. Regular evaluations help employees better understand what’s expected of them, improve communication between management and employees and give employees proper recognition for their work
How do you evaluate employees performance appraisals?
How
to Evaluate an Employee
1.
Set Performance Standards.
2.
Set Specific Goals. .
3.
Take Notes Throughout the Year.
4.
Be Prepared.
5.
Be Honest and Specific with Criticism.
6.
Don't Compare Employees.
7. Evaluate the Performance, Not the Personality.
Have a Conversation
Objective of performance Appraisals
1.
To maintain records in order to determine compensation packages,
wage structure, salaries raises, etc.
2.
To identify the strengths and weaknesses of employees to place
right men on right job.
3.
To maintain and assess the potential present in a person for
further growth and development.
4.
To provide a feedback to employees regarding their performance and
related status.
5.
To provide a feedback to employees regarding their performance and
related status.
6.
It serves as a basis for influencing working habits of the
employees.
7.
To review and retain the promotional and other training
programmes.
Advantages of Performance Appraisals
- Promotion: Performance Appraisal helps the supervisors to chalk out the promotion programmes for efficient employees. In this regards, inefficient workers can be dismissed or demoted in case.
- Compensation: Performance
Appraisal helps in chalking out compensation packages for employees. Merit
rating is possible through performance appraisal. Performance Appraisal
tries to give worth to a performance. Compensation packages which includes
bonus, high salary rates, extra benefits, allowances and pre-requisites
are dependent on performance appraisal. The criteria should be merit
rather than seniority.
- Employees
Development: The
systematic procedure of performance appraisal helps the supervisors to
frame training policies and programmes. It helps to analyse strengths and
weaknesses of employees so that new jobs can be designed for efficient
employees. It also helps in framing future development programmes.
- Selection
Validation: Performance
Appraisal helps the supervisors to understand the validity and importance
of the selection procedure. The supervisors come to know the validity and
thereby the strengths and weaknesses of selection procedure. Future
changes in selection methods can be made in this regard.
- Communication: For an
organization, effective communication between employees and employers is
very important. Through performance appraisal, communication can be sought
for in the following ways:
- Through
performance appraisal, the employers can understand and accept skills of
subordinates.
- The
subordinates can also understand and create a trust and confidence in
superiors.
- It also
helps in maintaining cordial and congenial labour management
relationship.
- It develops
the spirit of work and boosts the morale of employees.
e.
All the above factors ensure effective communication.
- Motivation: Performance appraisal serves as a motivation tool. Through evaluating performance of employees, a person’s efficiency can be determined if the targets are achieved. This very well motivates a person for better job and helps him to improve his performance in the future.
When making performance appraisals employers must consider about standards.
ReplyDeleteYes
DeleteOrganisation should educate people regarding the standards
When preparing performance appraisals, self-estimation part which is to be completed by the employee is a very important section and also offer a chance to come-up with their own views on the satisfaction level, areas to be developed and training requirement are an essential parts, enable to reduce the gap between the employer and employees.
ReplyDeleteYes we can use this as a employee development mothord
DeletePerformance Appraisal is the systematic evaluation of the performance of employees and to understand the abilities of a person for further growth and development.
ReplyDeleteAnd also current performance system mainly based on good or bad Characterizes of the Supervisor.
Yes
DeleteOrganisation need to select suitable persons for higher positions
Performance appraisal also referred to as a performance review for pharmacy valuation development discussions or employee appraisal is method by which the job performance of an employee is documented and evaluated
ReplyDeleteYes
DeleteEvaluation of performance is very much important when promoting people to a higher grades
In awarding allowances and privileges based on individual talent, performance appraisals doing a major roll
ReplyDeleteYes
DeleteSome organisation are following that but some are used when promoting people