Performance Appraisal

Performance Appraisal

Performance appraisal is very important for the employees to know the level of their performance and the areas in which they need to improve. Performance counselling is a very useful activity provided both the counsellor and the counselee take it in the right spirit. It helps the employees as well as the organization to identify the areas of weakness and then to formulate strategies to improve the performance. Performance improvement ultimately helps the organization to meet its goals and objectives. Potential appraisal finds out the strength and weaknesses of the employees in relation to their work. It helps the employees to understand their capabilities and then the organization to put the right man in the right job so as to achieve the set targets.

Performance counselling refers to the help given by a manager to his subordinates in the objectively analyzing their performance. Rapport building, exploration and action planning are the various phases in the process of performance counselling. Assessing the potential or capabilities of the employees is important for promotions as well as for performance improvement.

Different companies practice different performance appraisal methods. Below mentioned are few of them:

§  Management by Objective (MBO)

§  360 degree appraisal

§  Assessment Centres

§  Forced Distribution

§  Essay Appraisal Method