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Finance & Accounting
Pages 5 (1255 words)
Literature Review Name Course Instructor’s Name Date Literature Review Performance appraisals or evaluations are crucial element of the maintenance function of human resources management. Through it, the employee should receive one’s due share of benefits in terms of remuneration, rewards and sanctions, psychological motivation, wholesome and safe working environment, among others.
The current study aims to examine and evaluate various practices and policies on performance appraisal systems and procedures as revealed by diverse authors whose researches have been published in peer reviewed academic journals. This literature review hereby aims to proffer relevant issues that emerge in the subject of performance appraisal. The determination of organizational effectiveness which is the degree to which objectives of an organization are achieved is a cardinal task of management. The contribution of each employee in attaining these objectives is the extent to which one has achieved. Therefore, performance evaluation is the assessment of achievement of objectives. Longenecker and Nykodym (1996) examined the potential benefits of performance appraisals and revealed that the appraisal process serves as a communication tool, a means to increase motivation and productivity, an arena for discussion of future career prospects for growth and development, as a basis for wage administration, and as a framework for decision making process relative to human resources concerns. ...
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