An appraisal is when an individual is praised for the work they have done in the organization’s direction. They are promoted or given some incentives.
The appraisal can be defined as giving feedback to the employees at periodic intervals. The appraisal process refers to the evaluation and assessment of an employee’s work for a particular duration of time. This is an evaluation done to give the employee constructive feedback, a general idea about their future at the organization, and rewards they have earned through their consistently improving performance.
An appraisal at work is an effective and professional way to allow a manager to evaluate the strengths and weaknesses of an employee. It helps the employee become aware of the areas they can improve on while also helping managers identify opportunities that should progress through powerful development. It is also important to ensure that both employees and managers receive clearer guidance on what good performance means.
Here are 5 types of appraisals:
1. Self-assessment based
2. Peer assessment
3. 360 Feedback
4. Negotiated appraisal
5. Behavior-based appraisal
An effective performance appraisal should be used for three primary functions:
1. It should help the employee understand their role in the organization,
2. It should serve as a basis for rewarding individual performance, and
3. It should document issues that require follow-up.
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