The performance appraisal system of one organization may vary from other organizations, though some of the specific steps that an organization may follow are as follows: Establish Performance Standards: It begins by establishing performance standards i.e. what they expect from their employee in terms of outputs, accomplishments and skills that they will evaluate with the
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An effective performance appraisal system can be of benefit to three parties they are for organization, for appraiser and for appraisee. For the Organizations: Following are the benefits of an organization. It leads to better performance throughout the organization, due to successful communication of the objectives and values of the organizations, sense of being close
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Factors Affecting Performance Appraisal There are various factors which may influence the performance appraisal system in any organization. There are some factors which introduce bias whereas; some other factors hinder purposeful assessment. Such factors are as follows: Value System of Evaluator: The task of evaluator is to assess the work of subordinate and write reports
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Need and Importance of Performance Appraisal Performance is always measured in terms of outcome and not efforts. Performance Appraisal is needed in most of the organizations in order: To give information about the performance of employees on the job and give ranks on the basis of which decisions regarding salary fixation, demotion, promotion, transfer and
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Meaning of Performance Appraisal Performance appraisal system has been defined in many ways. The easiest way to understand the meaning of performance appraisal is as follows: It is the systematic assessment of an individual with respect to his or her performance on the job and his or her potential for development in that job. Thus,
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Objectives of Performance Appraisal Performance appraisal in any organization is undertaken to meet certain objectives which may be in the form of salary increase, promotion, recognizing training and development needs, providing feedback to employees and putting stress on employees for better performance. An employee in an organization may think that performance appraisal is basically used
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Sound Wage and salary administration demands some essentials to satisfy, so that one who is shoulder with the responsibility of designing administrative aspects with this regards, may come out with efficient system for managing the issues related with it. Some of the pre requisites for the sound compensation system are: Rational Job Analysis: It is
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Since the issue of wage and salary determination has always enjoying the major consideration for any organization, it should be develop and maintain based on sound principles , some of them are narrated below, attempt should be made to incorporate them as far as possible while designing the compensation system There should be a definite
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Career development is an organized approach used to match employee goals with the business needs of the agency in support of workforce development initiatives. The purpose of career development is to Enhance each employee’s current job performance. Enable individuals to take advantage of future job opportunities. Fulfil agencies’ goals for a dynamic and effective workforce
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Management development programs help in acquiring and developing managerial skill and knowledge. A Varity of methods of management development have come into prominence these days. Different types of techniques are used to acquire and develop various types of managerial skill and knowledge as given in the table below: Competency Development Area Methods Decision making skill
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