Latoya Cannon
BUS303: Human Resource management
Instructor: Gwnedolyn McCants-Allen
April 24, 2013
A performance appraisal helps with developing information on an employee, which will help determine if the objectives that were set forth have been met, and what needs to be improved to help with the success of the company. This evaluation happens once a year to help the employer determine whether or not an employee is a great asset for the company. Performance appraisal is very important for staff motivation, communicating, and an individual’s contribution towards the company success. Each performance appraisal must be accurate, and thought through to ensure that appraisals is effective, and to help with pursuing future objective that will be beneficial for a company’s continue success. If a performance appraisal isn’t done correctly this can decrease an employee’s performance and also be misleading. All the aspects of an employee’s performance must be taken into account to assure that the appraisal is accurate and to ensure the employee that the appraisal is done effectively. Preparation is one of the key objectives needed to have an effective performance appraisal. The employer must review the objectives that were set forth from the prior year, and see if the employees have met each objective, lack of preparation can lead to an ineffective performance appraisal. “Performance appraisal is the process through which employee performance is assessed, feedback is provided to the employee, and corrective action plans are designed.” (Youssef, 2012) The advantages of having an effective performance appraisal can help motivate an employee to strive to improve what he or she is lacking in. It helps the manager evaluate the overall performance of the employee, and allow them feedback on their performance throughout the year and if goals have been accomplished. Performance appraisals offer a valuable opportunity to focus on work