employee’s performance. If employee’s performance is good you will want to reinforce it‚ and if it is bad you will want to take reactive action. Performance appraisal means evaluating an employee’s current and or/past performance relative to his or her performance appraisal. Performance appraisal always involve Setting work standards‚ assessing performance‚ and providing feedback to employees to motivate‚ correct‚ and continue their performance. 01. Performance Management and Appraisal: 1.1. Performance
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PERFORMANCE APPRAISAL An organization’s goals can be achieved only when people put in their best efforts. How to ascertain whether an employee has shown his or her best performance on a given job? The answer is performance appraisal. Employee assessment is one of the fundamental jobs of HRM. But not an easy one though. Meaning and Definition It is the systematic evaluation of the individual with respect to his or her performance on the job and his or her potential for development. In simple
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Performance appraisal uses a variety of methods for evaluation. The five main methods used are: • Interview-Based Appraisal: The interview based appraisal system is implemented in a number of companies. The employee gains essential feedback on their annual or semi-annual performance to evaluate their effectiveness and efficiency within the designated assignments. The interview appraisal is used as a constructive method in which to enhance the employee’s advancement. The main aim is to analyse
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The role of 360-degree feedback in performance appraisals How does this compare with other performance appraisal methods? Executive summary 360-degree feedback is one of the most widely used employee assessments today. Its popularity has increased dramatically with the growth of the web-based assessment tools that has made implementation easier‚ cheaper and faster. The purpose of the 360-degree feedback is to assist each individual to understand the strengths‚ weaknesses and development needs
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improve job performance while promoting professional and personal growth in employees. Providing feedback can improve employee morale and reduce confusion regarding expectations and current performance. Think of feedback as guidance that will enable employees to learn as well as improve the quality of his/her work. You will also see a difference in how feedback enhances your interpersonal relationship with your employees. 2. What steps might be taken if it is necessary to follow-up performance appraisals
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Communication: 6 4.1.1. Communication issues between senior and lower level staffs 6 4.1.1.1 Organizational Hierarchy 7 4.1.2. Team work 8 4.2. Ethical Issues: 8 4.2.1. Hiring and termination issues: 9 4.2.2. Discrimination: 9 4.2.3. Performance Appraisal: 10 4.3. Dealing with the difficult people: 10 4.4. Psychological Contract: 11 4.4.1. Managers act different from what they say: 11 4.4.2. Changes in executives: 12 4.4.3. Promotion to workers: 12 5. Recommendation: 12 6. Conclusion:
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1. Determining Communication Skills Perhaps the single most important skill a supervisor can lies within the art of communication. “The basic purpose of communication is to transfer understanding” (Kreitner‚ 1980). Clear communication skills are beneficial in all aspects of life including business and can be used effectively to inform‚ command‚ instruct‚ assess‚ influence‚ persuade and motivate other people. Supervisors who do not practice effective communication techniques and fail to offer clear
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Performance Appraisal Case The Facts Frank‚ the new CFO of the 20-year old company First non-family member to hold that position and be included in Executive Committee After he took office‚ the company wanted to downsize and Frank agreed it was necessary He could see that family members were concerned solely about their own finances but remained neutral The CEO asked Frank for advice on how to downsize ethically Frank recommended to base the decision on three-year average
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Morgan Stanley‚ a leading U.S. Investment Bank‚ was attempting to transform its work environment to one that fosters teamwork but promotes innovation as well. This vision was developed under the leadership of the new president John Mack and his executive team. President Mack was looking for people to “shake up the culture.” With heavy resistance‚ he recruited Paul Nasr to be the Senior Managing Director in Capital Market Services. Paul was a highly regarded banker with over twenty years of experience
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