Performance Appraisal

DEFINITION OF PERFORMANCE APPRAISAL:

The process by which a manager or consultant

(1)   Examines and evaluates an employee's work behavior by comparing it with preset standards,

(2)   Documents the results of the comparison, and

(3)   Uses the results to provide feedback to the employee to show where improvements are needed and why.

Performance appraisals are employed to determine who needs what training, and who will be promoted, demoted, retained, or fired.

METHODS OF PERFORMANCE APPRAISAL

There are several types of performance appraisal methods are there those are listed below.

Ø  Ranking method

Ø  Graphic rating scale method

Ø  Force choice method

Ø  Essay or free form method

Ø  Confidential method

Ø  360 degrees method

Ø  Behaviorally anchored Rating scales(BARs)

Ø  Management by objectives (MBO)

Ø  HR Accounting

Ø  Psychological appraisal

Ø  Critical incident method

Ø  Weighted checklist method

Ø  Paired comparison analysis