How Effective Are Performance Appraisals?
Unless you have the most perfect memory and can remember how each of your employees performed all year round, formal performance appraisals are necessary to make evaluations about the employees. Performance measurement Performance appraisals are a good way of assessing whether the employee has been reaching goals and targets over the year. Goals are set on daily, weekly, monthly or yearly basis and there is often more than one target to be achieved. Performance evaluation will become much easier if a track is kept for all achievements by the employee. Make comparisons with previous years For career development and planning by the human resource department, performance appraisals can be used to compare the performance of employees over the years they have spent with the organization. Make comparisons with other colleagues It is not necessary that two people performing the same task may perform it in the same manner. Employees as well as employers need to have a comparing assessment done