{"id":8718,"date":"2020-09-15T19:11:10","date_gmt":"2020-09-15T13:41:10","guid":{"rendered":"https:\/\/www.zigsaw.in\/jobs\/?p=8718"},"modified":"2020-09-15T19:11:10","modified_gmt":"2020-09-15T13:41:10","slug":"appraisals","status":"publish","type":"post","link":"https:\/\/zigsaw.in\/jobs\/employer\/appraisals\/","title":{"rendered":"Performance Appraisals – Everything you need to know about them"},"content":{"rendered":"

Performance appraisals form a very important part of the Human Resource department since they provide crucial information for the evaluation of the employee\u2019s skill, ability, knowledge, and job performance. The appraisals aren’t just used to eliminate productivity and behavior issues, but to motivate them to contribute a bit more. <\/span><\/p>\n

An employee performance appraisal system is very important for the organizations to enhance their employee productivity and their outcomes. The performance appraisals are the annual process where the productivity and performance of an employee is evaluated against the predetermined set of goals or tasks.<\/span><\/p>\n

Meaning of Performance Appraisal<\/b><\/span><\/h2>\n

The performance appraisal is a kind of process of evaluating an employee for their duties. The manager assesses and observes their work throughout a year and offers essential guidance, feedback, and further progress during their appraisal duration. It includes holding the formal discussion with an employee recollecting their performance, achievements, and various areas for improvement. The manager identifies various opportunities for an employee to develop professionally.\u00a0<\/span><\/p>\n

Performance Appraisal is also synonyms to performance review, performance evaluation, and employee appraisal. With Performance Appraisals, regular evaluation of an employee\u2019s job performance and overall contribution to the company is recorded. These help in providing the feedback, identify those who are performing their assigned tasks well, offer a formal moment in time to evaluate job performance, distributing raises and bonuses among the employees, and even the employees wish to know their position in the organization.\u00a0<\/span><\/p>\n

Turning to the lexicon, Appraisals gave the meaning – \u201cAn assessment of an individual based on its working ethics and then further using that judgment for the monitory purpose, promotions or salary incentives.\u201d<\/span><\/p>\n

Meaning of Employee Performance<\/span><\/h2>\n

In simple words – \u201cHow well the employees are contributing to the welfare of the company\u2019s productivity? \u201d And this productivity comprises all the concerns for qualitative & quantitative goals along with effectiveness and efficiency. However, it does not necessarily talk about the cost involved with it. <\/span><\/p>\n

Sometimes performance is graded on the personnel facts of accidents, turnover, absences, and lateness. A good employee is ought to contribute to the company\u2019s upliftment with less risk od the company\u2019s standards.<\/span><\/p>\n

Employee Performance is one of the most widely used term in any corporate sector, especially when the Human Resource(HR) Department presumes with the\u00a0 <\/span>Performance Managers. <\/span>Human Resource Department plays a prominent role in designing, monitoring, implementing performance appraisals. Before appraisals, they do recruitment, selection, training, domain allocation, and company induction. It means from hiring to firing, everything is picked by them. Moreover, the HR team acts as a mediator between the Functional or Reviewing authorities and the employee. It is the HRM\u2019s responsibility to ensure a smooth implementation of the appraisal process.<\/span><\/p>\n

Let us dive a little more, to understand the rudimentary of the Appraisals.<\/span><\/p>\n

Objectives of Performance Appraisal<\/span><\/h2>\n

These objectives are broadly classified into 8 sections –<\/span><\/p>\n