Performance Management is a tool used by the management to monitor and evaluate employees' work.
Performance Appraisal is a regular review of an employee's job performance and overall contribution to a company. It is also known as an annual review, performance review or evaluation, or employee appraisal
Performance - · It is the accomplishment of assigned duties and responsibilities of an employee based on the job description in a specific period.
Give me the reason for Measuring Performance
Personal Attention
Feedback
Career Path
Employee Accountability
Communicate Division and Company Goals
What are the main objectives of conducting performance Appraisal?
To discuss matter about pay and salary
To facilitate promotion decision
To provide feedback
Give me the 6 types of Performance Appraisal?
Supervisor/Manager Appraisal
Peer Appraisal
Subordinate Appraisal
Self Appraisal
Customer Appraisal
360-Degree Evaluation
What is the specific steps that organization may follow?
Establish Performance Standard
Communicate the Performance Standard to the Employee
Measure Actual Performance
Compare Actual Performance with Standard Set
Provide and Discuss Feedback
Initiate Corrective Action
Give at least 3 problem that may arise in Performance Appraisal.
