Why is the performance appraisal important, Business Management

Why is the performance appraisal important?

Significance of performance appraisal:

• This is helpful into operational decisions of personal management relating to pay raises, lay-offs, promotions and transfers and more.

• This provides clues to management for effecting enhancements in selection procedures and placement of workers.

• On the origin of performance appraisal, all the top management can advise/direct to their personnel department to implement and design suitable training programmes.

• This guides and stimulates worker development

• This encourages healthy competition in between employees.

• This seeks to discover the potential for development in workers and therefore helps management to prepare promising employees to take up challenging jobs into future.

• This attracts good personnel to the organization

• Throughout the process of performance appraisal, the management gets a concept of the difficulties faced by the workers while working upon the jobs. Management can take therefore take suitable steps to redress their grievance.

• This highlights a requirement for more competent supervisors, to carry out the task of judging the employees during an objective and intelligent way.

• Performance appraisal seeks to calculate employees’ performance within a systematic manner.

Posted Date: 8/17/2013 6:50:44 AM | Location : United States

Related Discussions:- Why is the performance appraisal important, Assignment Help, Ask Question on Why is the performance appraisal important, Get Answer, Expert's Help, Why is the performance appraisal important Discussions

Write discussion on Why is the performance appraisal important
Your posts are moderated
Related Questions
Explain the different delivery styles that speakers can select for their presentation

QUESTION Many business people tend to forget the importance of the internal environment for the success of their organisation. They rather give more importance to the impact of

Heineken NV is one of the world's largest beer producer, selling more beer outside the United States than its closest competitors, Anheuser-Busch and SABMiller. In 2002, only 14% o

If you were Lisa Benavidez, what suggestions would you make to Forest''s new CEO

ABC Ltd.  wants to communicate about its corporate image to all its stakeholders and also to the general public. As an advisor, how do you recommend them to do it.

Illustrate that synthesis has been used to generate and justify valid conclusions made in Shaping the behaviour of a selected organisation      a)  Tlak about the significance of

Question : Reynolds (2004) suggested that to create a learning culture that acts as a growth medium it is necessary to develop organizational practices that raise commitment am

QUESTION 1 As an HR officer, you have been asked to produce an HR Plan for an organization (a) Why should an organization select to engage in some form of Human Resource Pl

What role should external factors of demand play in successful business models?

Question: a) Explain the different steps involved in the processing of poultry? b) What are the different quality attributes which make you understand that fresh eggs are f