Performance appraisal is the technique of appraising employees. Under this method, performance of employees are at first documented then evaluated with the mutually set performance standards. Companies have been practicing various methods of appraising employee performance, among which some popular ones are described below. The essay describes in detail about the strengths, weaknesses, potential, nature, etc.
Essay on The Performance Appraisal - Words | Bartleby
A performance appraisal is a regular review of an employee's job performance and overall contribution to a company. Companies use performance appraisals to give employees big-picture feedback on their work and to justify pay increases and bonuses, as well as termination decisions. They can be conducted at any given time but tend to be annual, semi-annual, or quarterly. Because companies have a limited pool of funds from which to award raises and bonuses , performance appraisals help determine how to allocate those funds. Performance appraisals also help employees and their managers create a plan for employee development through additional training and increased responsibilities, as well as to identify shortcomings the employee could work to resolve. More frequent conversations help keep everyone on the same page, develop stronger relationships between employees and managers, and make annual reviews less stressful. Most performance appraisals are top-down, meaning supervisors evaluate their staff with no input from the subject.
It is important that the right performance evaluation method is implemented in order to judge the employees fairly and encourage them to give their best. This Workspirited article will give you information about the various performance evaluation methods. Evaluate what you want — because what gets measured, gets produced.
Appraisal Methods Essay Method I n the essay method approach, the appraiser prepares a written statement about the employee being appraised. The statement usually concentrates on describing specific strengths and weaknesses in job performance. It also suggests courses of action to remedy the identified problem areas.