Answer to Question #133721 in Management for mbali

Question

Discuss the purpose of a performance appraisal

Answer 1

A performance appraisal is an annual review of an employee's job performance and overall contribution to a company at a given period of time.

1. Setting and Measuring Goals. The performance appraisal process is commonly used to make sure that every member of the organization sets and achieves effective goals.
2. Counselling Poor Performers. Performance appraisal forces managers to confront those whose performance is not meeting the company's expectations.
3. Determining Individual Training And Development Needs. Performance appraisal procedure includes a requirement that individual development plans be determined and discussed, individuals can then make good decisions about the skills and competencies they need to acquire to make a greater contribution to the company.