Performance Appraisal Process
It is the process of evaluating the performance of employees, sharing that information with them and searching for ways to improve their performance.
Performance appraisal is the step where the management finds out how Effective it has been at hiring and placing employees.
A “Performance appraisal” is a process of evaluating an employee’s performance of a job in terms of its requirements.
Some of the steps involved in performance appraisal process are: 1. Setting the Performance Standards 2. Communicating the Performance Standard to the Employees 3. Measuring the Actual Performance 4. Comparing the Actual With the Standard Performance 5. Providing Feedback 6. Initiating Corrective Actions.
- Setting the Performance Standards:
The initial step in the performance appraisal process is the setting of standards of performance expected from the employees.. The norms set ought to be the line with the goals and the mission of the organisation.
Further the standard set must be sensible and achievable. In the event that doubtful and unattainable benchmarks are set, it will demotivate and discourage the worker. Thus care ought to be taken while setting the standards.
2. Communicating the Performance Standard to the Employees:
It isn’t sufficient if simply the benchmarks are fixed. The normal dimension of execution ought to be conveyed to the employees with the goal that they are for the most part very much aware of what is anticipated from them.
- Measuring the Actual Performance:
This is an essential advance in the performance evaluation process. Here the real exhibitions are estimated. There are different strategies for estimating the performance.
- Comparing the Actual With the Standard Performance:
When the standard dimensions of performance are set and the real exhibitions are estimated, the subsequent stage will be the correlation of the real with the standard performance. This comparison will empower the assurance of the hole between the real and the normal performance; such holes can be connected through preparing and improvement.
- Providing Feedback:
The performance appraisal process does not finish with insignificant assessment of the performance. It is fundamental to give criticism to the employees on their performance. This will assist the workers with identifying the powerless zones and start activities to beat them. Such criticism propels them to perform better in future by maintaining a strategic distance from the reiteration of similar mistakes.
- Initiating Corrective Actions:
At the point when a hole is found between the genuine and the normal dimension of performance, restorative activities ought to be embraced. By dissecting the explanation behind a hole, legitimate move ought to be made so the hole is connected. At the point when the genuine and the standard performance coordinate there is no requirement for any restorative activity.