Performance appraisal

    Importance and benefits of performance Appraisal            Performance appraisal (PA) is  a structured evaluation  which is very important for   both employe r  and  employee.  F urther it plays a  pivotal role in driving organizational success and fostering employee development. The below chart illustrates the importance of performance appraisal for employer and employee.   Importance of PA To Employer / Organization 1..  Improved Performance:           The employers can use the PA to   evaluate employee performance against established goals and standards.  Performance appraisal facilitates the employers to identify areas of strength and weakness  of employees  enabling targeted improvement efforts.  Further managers can easily observe     the productivity of individual employees, and teams. 2.  Better decision making ...

Article1 Performance Appraisal : Definition, History, Purpose, Objectives, Characteristics and Limitations Explained.     The employer/employee relationship has become more vital in present business world. Not like early businesses, soft HR practices play a significant role comparing hard HR practices to maintain the said business relationship positively towards the ultimate business targets.    Early employees had to work as slaves as per employer’s given instructions and orders(dictating). Work environments were  not ease to employees. Manual work force was high due to less technology. Many employees had to stay in the same job or same position for a longer time period. At present, employee friendly working environment has been created mainly due to soft HRM practices. So employees can participate decision making and open to feedback.  Further employees can expect work-life balance, job satisfaction, career development and many more motivational factors ...