What are Performance Appraisals?
Performance Appraisals, also known as performance reviews, are a process of assessing and evaluating an employee’s job performance systematically and formally. The primary purpose of performance appraisals is to provide feedback to employees about their work performance, identify strengths and weaknesses, set goals for improvement, and provide a basis for making decisions about promotions, raises, and other job-related matters. Performance appraisals typically involve a structured evaluation of an employee’s performance over a specified period with a focus on specific job-related competencies, skills, and behaviours. The process may involve the use of standardized rating scales, self-assessments, and feedback from supervisors, peers, and subordinates. The results of performance appraisals are used to inform decisions about career development, training, compensation, and other personnel actions.
Table of Content
- Significance of Performance Appraisals
- Objectives of Performance Appraisals
- Types of Performance Appraisals
- Criticisms of Performance Appraisals