Why is There a Need for Performance Appraisal in an Organization?
Mariam Peyton is a professional Financial Analyst. She holds a Masters degree in Economics. She specialises in financial analysis and forecasting. Her expertise includes studying the financial performance of companies, markets and entire industries looking for trends, insights and information that can help you glean rich insights for use in academic and market research.
Latest posts by Mariam Peyton (see all)
This study aimed to assess performance appraisal and its effect on the performance of employees in an organization. Performance appraisal is an important aspect of any organization because it aids in tracking employee’s contributions toward the growth and development of an organization. It helps to identify whether an organization’s goals are being achieved. It helps an organization to identify its strengths, weaknesses, and opportunities for future enhancements. Performance appraisal acts as a basis for an organization’s future planning and development.
Performance appraisal is a systematic process of evaluating the work performance, behavior, and potential of employees in an organization. It involves setting clear and specific goals, measuring the progress and outcomes of the work, providing feedback and recognition, and identifying areas for improvement and development.
Performance appraisal is a valuable tool for managers and employees. It allows managers to evaluate the performance of their staff, reward their achievements, identify their development needs, and plan their career paths. It also allows employees to receive feedback on their work, recognize their areas of improvement, align their goals with the organization's vision, and increase their satisfaction and commitment.
Performance appraisal is a process that aims to enhance employee motivation, productivity, and quality of work, as well as to determine training and development needs, recognize high performers, and support career planning. Performance appraisal can be done using various methods, such as rating scales, behavioral observation scales, critical incidents, management by objectives, 360-degree feedback, etc. Each method has its pros and cons, and the selection of the most suitable method depends on the nature of the job, the objective of the appraisal, and the organizational culture.
HARVARD
Citation Here
Citation Here
APA
Citation Here
MLA
Citation Here
CHICAGO
Citation Here
Why is There a Need for Performance Appraisal in an Organization? a Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Understand the relative importance of performance appraisal in an organization.
- Understand the effectiveness of performance appraisal systems in different organizations.
- Apply performance appraisal to organizations
1.0 INTRODUCTION
An organization’s success depends entirely on the quality of its workforce. In an organization, employees become a very significant factor and they are at times referred to as the heart of the company, this is so because it is impossible for an organization to achieve its goals and objectives without them. However, it is also important to note that employees also need inducements or things that motivate them to work and aim at achieving the best interests of the company. This certainly remained suggestive of the more strategic approach to Human Resource Management policies which aimed at connecting the aims of the organization to the performance of the individuals. Performance management ensures that employees achieve the goals and objectives that align with the organization’s long-term vision and strategy.
An organization’s basic aims and objectives turn out to be an important part of the process of performance management and it is communicated through the performance appraisal process. Baron et al (2005) defined performance appraisal as a more limited approach that involves managers making annual assessments and evaluating the performance of their employees. Armstrong (2006) described the role of the performance appraisal as a tool for looking forward to what needs to be done by people in the organization in order to achieve the purpose of the job.
One of the key practices in any organization is performance appraisal, which is a systematic assessment of how well an employee is performing their job and how much they are contributing to the company's growth and development. Performance appraisal helps managers identify the strengths and weaknesses of their employees, provide feedback and guidance, and reward or correct their behavior accordingly.
Employee’s performance is evaluated based on how well they achieved the goals that were agreed upon with their manager at the beginning of the year. The manager and the employee have regular meetings throughout the year to monitor the progress and provide feedback. At the end of the year, the manager gives an overall rating that reflects the employee's performance.
Cancel anytime…right from your account dashboard
NOT YET READY TO SUBSCRIBE? Try our other options below
Get a personalized on-demand assignment fast **
Purchase This Assignment On Demand
100% original custom written assignment
Zero plagiarism (checked via Copyscape)
Harvard/APA/AMA referencing
2000 words-(8 pages)
Price: £ 81.00
Services We are Offering
We are more than a free study and revision tool.
We also provide
on demand research and custom writing services.
123 Writing is the #1 exam revision and assignment study platform in the UK.
Get unlimited access to answered student essays, assignments, past exam questions and sample coursework written by qualified academic writers & tutors.
Our Standard subscription typically retails for £299.88 a year.
Today, you can join at 80% discount.
Here’s a full breakdown of everything you get as a Standard or Premium subscriber...
» Get access to our database of more than 5,770 answered premium strategy case studies
Get unlimited access to a robust database of premium business strategy case studies including more than 5,770 fully answered sample strategy frameworks and tools such as pestle, value chain, value matrix, porters five forces, Ansoff’s matrix, etc., authoritatively written and tailored for student revision, assignment preparation and transformative business research. Our strategy case studies are especially suited for university students wishing to apply strategic frameworks to real-world situations, company cases or simulations. All our strategy case studies come with teaching notes and learning outcomes, making them effective as coursework revision, and essay study help tools.
» Free access to past exam & assignment answers
Revise and prepare for exams and coursework with our fully answered exam notes and sample assignment papers. Furthermore, get quick on-demand answers to past exam question and assignment questions from our writers. Exam answer notes come with personalized lesson plans, and detailed study notes complete with detailed explanations of each answer, for maximum exam revision and assignment preparation. This tool is perfect for readers struggling with exam preparation & assignment study.
» Get extra assignment related help from our writers & tutors
Achieve high grades with a little extra assignment related support. Get extra help with your essays, assignments and general coursework, from our knowledgeable writers and tutors who will provide extra assistance when required for all academic related tasks including proofreading, grammar editing & correction, citations, referencing, etc. at no extra cost for standard and premium subscribers. All our standard and premium subscribers receive free proofreading services, which will include a check for punctuation, grammar, sentence formation, typographical errors, formatting, errors and other consistency issues (broadly).
» Get free assignment & essay writing help worth up to 7K words
Commission an on-demand essay, or assignment title from our knowledgeable writers and tutors on any subject matter. Get up to 7,000* words in on-demand custom assignment help from our writers who can assist with difficult topic in classical business literature. (* 7,000 free word credit exclusive to premium members).
» Fast & speedy answers to on-demand case solutions & assignment questions
Make use of your available free word credit (up to *7,000words) to commission on-demand custom case solutions, case study assignments and receive fast & speedy personalised answers. Receive timely and fast plagiarism-free answers to assignment questions or case solutions in as little as 1-2 business working days. Topics include Strategic Management, Marketing, Business Management, Economics, Operations Management, Organization Studies, International Business & Management, Human Resource Management and more. (* Exclusive to premium members).
» Get exclusive Q&A sessions with our subject matter writers
Ask our qualified, vetted and knowledgeable writers up to *12 essay, assignment and coursework related questions annually and receive accurate, clear, and detailed answers including step-by-step explanations briefs that are easy to follow. (*Exclusive to premium members).
» Free access to test bank questions & answers, study notes and practice quizzes
Test your knowledge on any subject with our quick quizzes and test banks for maximum retention after revision and studying. Test Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions.
» Free access to video tutorials & study packs
Get free access to exclusive video tutorials to common subject topics. Our subject matter video tutorials, study notes and study packs have been created to help students learn and understand basic course module materials, as well as prepare students for their coursework assignment questions, essays and exams. Our video tutorials, study notes and study packs can be organized by topic, textbook or Question &Answer.
» Access to textbook chapter reviews and answer solutions
Get access to chapter reviews of popular business books, broken down in easy-to-understand simple concepts with simplified English. If English is not your first language, this service will make revising for essay assignments and exams as easy as 123 (Exclusive to premium members).
