Performance Appraisal in HRM
Performance Appraisal
People differ in their needs and their wants. There
is always some difference between the quality and quantity of the same work on
the same job being done by two different people. Performance appraisals of
Employees are necessary to understand each employee’s abilities, competencies, and relative merit and worth for the organization. Performance appraisal rates
the employees in terms of their performance.
Performance appraisal is necessary to measure the
performance of the employees and the organization to check the progress towards
the desired goals and aims.
Nowadays the employees get paid according to what
they contribute the focus of the organization is turning to performance
management and specifically to individual performance. Performance appraisal
helps to rate the performance of the employees and evaluate their contribution
towards the organizational goals. If the process of performance appraisals is
formal and properly structured, it helps the employees to clearly understand
their roles and responsibilities and give direction to the individual’s
performance. It helps to align the individual performances with the
organizational goals and also review their performance.
When we are talking about the needs and wants of the
employees as I am tall before each everyone's basic needs and wants are different
and the diagram of the hierarchy shows it very clearly.
How it works?
There will be different approaches to performance appraisal
in different companies. Most of them hold annual reviews included assessment sessions
annually or quarterly. Some companies use less formal than annual assessments. Management
provides frequent feedback to the employees in the system which help them check their
performances periodically.
Modern Methods of Performance Appraisal in HRM
Depending on the company and the job role performance appraisal
can be measured by different methods. A few common methods doing performance
appraisal are:
- Graphic Rating scale Method
- Ranking Method
- Checklist Method
- Management by objective Methods
- 360 – degree feedback
- General performance appraisal
Performance Appraisal Objectives
The HR department is one of the most important resources
that an organization has. The company should be able to understand where its employees
stand in performance and productivity. Some of the objectives are:
- Provide Feedback
- Downsize or right–side
- Promote the right person
- Set goals and measure goals
- Improve work performance
- Improving overall organizational
performance
Characteristics of an effective performance appraisal system
Certain factors to be considered when adopting an appraisal system. A good appraisal system satisfies these characteristics according to the requirements:
- Clear objectives
- Well defined performance criteria
- Accuracy and reliability in results
- Post Appraisal Interview
- Time-saving
- Continuous Feedback
Good article and appreciate the way you have done the blog. Honestly, you have driven the blog from traditional performance analysis to modern performance analysis in a very smart way. Thanks. good job keep it up.
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