UNIT-9
PERFROMANCE APPRAISAL
9.2 PERFROMANCE APPRAISAL :-
→ Performance Appraisal is the systematic evauation of the performance of employees and to understand the abilites of a person for further growth and development.
→ The main objective of the performance appraisal is to reward those who are working efficienlty an honestly is the organization.
→ Performance appraisal is generally done in a systematic ways which are as follows:-
(1) The supervisors measure the pay of employees and caopare it with target and plans.
(2) The supervisors analyses the factors behind work performance of employees.
(3) The employees are in position to guide the employees for a better performance.
• Singificance of Performance Appraisal :-
(1) Promotion
(2) Compensation
(3) Employees Development.
(4) Selection Validation
(5) Motivation
• Objectives of Performance Appraisal :-
(1) To maintain records in order to determine compensation packages, wage structure, salaries etc.
(2) To identify the strengths and weaknesses of employees to place right men on right job.
(3) To maintain and assess the potential of a person for further growth and development.
(4) To provide a feedback to employees regarding their performance and related status.
(5) It serves as a basis for influencing working habits of the employees.
(6) To regview and retain the promotional and other fraining programmer.
• Challenges of Performance Appraisal :-
(1) Determining the Evaluation Criteria.
(2) Create a Rating Insturment.
(3) Lack of Competence.
(4) Errors in Rating and Evaluation
(5) Resistance.
9.3 PROCESS OF PERFROMANCE APPRAISAL :-
Step 1: Establishing Performance Standards.
Step 2: Communicating Standards and Expectations.
Step 3: Measuring the Actual Performance.
Step 4: Comparing the Actual with the Desired Performance.
Step 5: Discussing Result (Providing Feedback)
Step 6: Taking Corrective actions/Decision Making.
9.4 PERFROMANCE APPRAISALS METHODS :-
→ Method of Performance Appraisal are under two popular appraches These are:-
(1) Traditional Approach :-
(a) Essay Apprasial Method.
(b) Straight Ranking Method
(c) Paired Comparison Method.
(d) Critical Incidents Methods.
(e) Field Review Method.
(f) Checklis Method.
(g) Graphical Method.
(h) Rating Scales Method.
(2) Modern Apprach :-
(a) Assessment Centres.
(b) Human Resource Accounting Method.
(c) Management by Objectives (MDO).
(d) Balance Score Card.
(e) 360 Degree Feedback Appraisal.
