Performance Appraisal

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Category: Education
     
 

Presentation Description

A performance appraisal used in the organization is a regular review of employee’s job performance to verify their contribution to the company. It is also known as annual review or performance evaluation. It evaluates the skills, growth, achievement or failure of the employees.

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Presentation Transcript

Performance Appraisal :

Performance Appraisal

Performance Appraisal Meaning and Definition :

2 Performance Appraisal Meaning and Definition Meaning: It is a regular assessment used to verify the contribution of employee’s performance to the organization Definition: Performance appraisal is defined as system which communicate about the ideal performance of the employee and the actual performance of the employee .

Types of Employee Performance Appraisal:

Types of Employee Performance Appraisal 3 Self assessment: Rating of the performance by employee themselves. Peer assessment: Peers act as a rater of the performance of the employee 360-degree performance appraisal: All the stakeholders of the organization provides performance review of the employee Negotiated appraisal: A mediator acts as a performance reviewer.

Methods of Performance Appraisal:

Methods of Performance Appraisal Traditional Methods Rating Scales Checklist Forced Choice Method Forced Distribution Method Critical Incidents Method Behaviorally Anchored Rating Scale Field Review Method Performance Tests and Observations Confidential Reports Essay Method Cost Accounting Method Comparative Evaluation Approaches Modern Methods Management by Objectives Psychological Appraisals Assessment Centers 360-Degree Feedback 720-Degree Feedback

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Objectives of Employee Performance Appraisal 5 Keep records to decide salary of employees Inputs about the training needs Provide feedback of employee performance Determine the strengths and weaknesses of the employees Know about future growth potential of the employee Makes employees work oriented Objectives of Performance Appraisal

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Advantages and Disadvantages of Performance Appraisal Advantages Helps in promotion and dismissal decisions Provide framework and information to decide compensation Helps to decide the developmental programs for employees Guide the hiring process to make selection more accurate Effectively convey the performance status to employee Motivates the employee to improve their performance Disadvantages Many times the vital factors are ignored while measuring the performance. Emotional and psychological factors are difficult to quantify. If the evaluation is carried out by less qualified person then the process is of no use to the organization.

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