Employee Appraisal System - Book Report/Review Example

Download file to see previous pages Performance Management System is crucial in that it will accord the newly revamped company with proper systems which will identify, recognize, reward, and therefore retain high our top company performers so that sustainable growth can be achieved. Performance Management System will help the company achieve this. Fundamentally this system is composed of Processes and people. The process elements include factors such as job descriptions, rating criteria, time period of appraisal discussions together with reward and recognition systems. The people element is composed of the manager who drives the system by setting expectations communication plans, encouraging development, giving and receiving feedback.

Employee appraisal and why we need it
Recognizing the fact that employees work hard, and that the company likewise must give the best of criticism, nonetheless, much can be gained from a well-conducted appraisal practice. They can be good for the company, good for the employees working for the company, and ultimately good for the employer too. This is because, good criticism or constructive criticism, helps the company not only to improve its performance in its objectives but also in making decisions about skills that are needed for development in the job scenario, in order to achieve the company’s ambitions and employee’s future career (HENDERSON,1984:235).

It is important at the onset for everyone in the company to realize that appraisal is not the time for secretly held grievances to be suddenly revealed out on the unsuspecting recipient. This is because appraisals are the time for taking stock of company achievements and setting the agenda for future action.

Appraisals help employees know how they are viewed by other workmates, their managers, supervisors, customers, clients, or suppliers. Moreover, it is useful for the company to focus periodically on its performance and discuss the issues in confidence. Employees should see appraisal as a key part of the performance management system, designed to make employees get in tune with the developments in the business. ...Download file to see next pages Read More