Effectively managing workforce performance is a fundamental process for assessing the growth of an organization and determining whether the business goals and objectives continue to be relevant and aligned with both internal and external factors. This comprehensive evaluation of employee performance is referred to as appraisals.
Conducting employee appraisals serves as a valuable mechanism not only for tracking individual progress but also for fostering organizational development.
So, what exactly is an Appraisal?
An appraisal is a structured process utilized to evaluate an employee’s performance over a defined period, typically at mid-year and year-end intervals. This performance assessment is generally based on the goals and objectives agreed upon at the beginning of the year.
A formal appraisal serves as a significant opportunity for employees and their line managers to engage in discussions regarding progress and the necessary support required for further development. Additionally, it allows managers to gain a deeper understanding of the skills and capabilities of their team members, as well as the underlying factors that contribute to or hinder effective performance.
A meticulously designed performance appraisal process can yield numerous advantages for the organization; however, to maximize its effectiveness, it should be regularly reviewed and updated as necessary to ensure its continued relevance and alignment with intended objectives..
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