PERFORMANCE APPRAISAL: A CRITICAL REVIEW Abstract: Performance appraisal is used in many organizations in order to assess the performance of their employees. But there are some issues and problems that are associated with performance appraisal can have negative impacts on the performance of employees and can make it useless. These issues and problems are: absence of objective criteria‚ gender issues‚ rater’s bias‚ social and ethnic issues. And there are empirical research evidences that
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Head: Appraisal Performance Appraisal Assignment Evangelia Jose BUS303 Chavonne McCall September 17‚ 2012 Performance Appraisal Assignment 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). Performance appraisals are meant to evaluate an employee’s performance‚ and to help the company reach its’ objectives or goals. Some employees will praise the performance appraisal
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Advantages Of Performance Appraisal It helps the supervisors to chalk out the promotion programs for efficient employees. In this regards‚ inefficient workers can be dismissed or demoted in case. It helps in chalking out compensation packages for employees. Merit rating is possible through performance appraisal. PA tries to give worth to a performance. Compensation packages which include bonus‚ high salary rates‚ extra benefits‚ allowances and pre-requisites are dependent on performance appraisal. The criteria
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The problems inherent in performance appraisal may be listed thus: 1. Judgement errors: People commit mistakes while evaluating people and their performance. Biases and judgments errors of various kinds may spoil the show. Bias here refers to distortion of a measurement. These are of various types: First impressions (primacy effect): The appraiser’s first impression of a candidate may color his evaluation of all subsequent behavior. In the case of negative primacy effect‚ the employee may seem
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analysis of credit appraisal system with reference to Axis Bank. Axis banks one of private sector banks in India‚ which provides loans and advances when it is required by individuals or companies and accepts the deposits from the public. while providing loans advances to the public it faces number of problems like : * Of interest loans * Default interest security inadequate OBJECTIVES: * To study the credit appraisal methods. * To study existing credit appraisal system . * To understand
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8 Performance Management and Appraisal Learning Outcomes After studying this chapter you should be able to: 8.1 Discuss the difference between performance management and performance appraisal 8.2 Identify the necessary characteristics of accurate performance management tools 8.3 List and briefly discuss the purposes for performance appraisals 8.4 Identify and briefly discuss the options for “what” is evaluated in a performance appraisal 8.5 Briefly discuss the
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performance appraisal form template Part A Appraisee to complete before the interview and return to the appraiser by (date) A2 Discussion points: Part B To be completed during the appraisal by the appraiser - where appropriate and safe to do so‚ certain items can completed by the appraiser before the appraisal‚ and then discussed and validated or amended in discussion with the appraisee during the appraisal. http://www.visionrealization.com/Resources/Organizational/360_degree_evaluation
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department and so on. The Objectives Like every organization‚ Tumasek Pewter do conduct performance appraisal as well. It is the process of evaluating the job performance by all of the employees in the organization. By doing this‚ it also helps by stating the strengths and weaknesses of the employees. There are many objectives why they conduct the performance appraisal on each and every employee. Performance appraisal gives data that could help to describe the promo-ability and potential of every employee
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Performance Appraisal Form Part A Appraisee to complete before the interview and return to the appraiser by (date) A2 Discussion points: ----------------------- Ref: Name: Org/Division/Dept: Position: Location/based at: Appraiser: Self Appraisal venue: Delhi Appraisal date & time: Year or period covered: Calendar Year 2010 Time in present position: Length of service: A1 State your understanding of your main duties and responsibilities. 5. What elements
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According to our text “A performance appraisal is the formal process through which employee performance is assessed‚ feedback is provided to the employee‚ and corrective action plans are designed. Organizations conduct performance appraisals for the following reasons: To evaluate performance objectively‚ to increase worker motivation‚ to make administrative decisions‚ to improve organizational performance‚ to establish training requirements and to enhance selection and testing processes and outcomes
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