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Performance appraisal is a system of review and evaluation of an individuals or teams job performance. Performance management is a process that significantly affects organizational success by having managers and employees work together to set expectations, review results and reward performance.
The appraisal process is difficult to devise and administer, there is organizational and employee need to conduct such evaluation.
Performance appraisal data are valuable for use in functional areas of human resource management including human resource planning, recruitment and selection, training and development, career planning, compensation programs, internal employee relations and assessment of employee.
There are following steps in the appraisal process:
• Identify the specific performance appraisal objectives which are most important and can be realistically achieved (employee development, administrative decisions, etc.
Approximate Word count = 510 Approximate Pages = 2 (250 words per page double spaced)
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