Performance Appraisal is a systematic way ofreviewing and assessing the performance of anemployee during a given period of time and planningfor his future.
It is a powerful tool to regulate, refine and reward theperformance of the employee. It helps to analyze hisachievements and evaluate his contribution towardsthe achievements of the overall organizational goals.
Establishing Performance Standards
Communicating The Standards
Measuring The Actual Performance
Comparing The Performance
P.A. Methods (Past Oriented)
Critical Incidents Methods
Straight Ranking Method
Graphic Rating Scale
Essay Appraisal Method
360 Degree Feedback
Management By Objectives (MBO)
Behaviorally Anchored Rating Scales (BARS)
Human Resource Accounting Method
Contribution Of Employees >OR< Cost Incurred On Them.