Appraisals

What is an Appraisal?

The process of appraisal refers to the evaluation and assessment of an employee's work for a particular duration of time. This is an evaluation done to give the employee:

• Constructive feedback
• An idea of their future at the organization
• Rewards for their consistently improving performance

What is an Appraisal at work?

Through this assessment, a manager is able to evaluate:

• The performance of the employee
• The recognition and rewards they deserve
• The areas in which they need to improve

What are the types of Appraisal?

Appraisals can be categorized into different types based on where and how the feedback and reviews are processed. Here are 5 types of appraisals:

• Self-assessment based
• Peer assessment
• 360 Feedback
• Negotiated appraisal
• Behaviour-based appraisal

What are the 3 basic functions of an effective performance appraisal?

The three basic functions of an effective performance appraisal include:

1. Fair and constructive feedback
2. Thorough evaluation of the goals the employee has achieved in the defined period
3. A proper mechanism for providing training modules for areas that the employee lacks in while rewards and recognition for areas where the employee has exceeded expectations

How to prepare for an Appraisal meeting?

Before going in for an appraisal meeting,

A manager must:

• Run through all the parameters for employee assessment
• Thoroughly go through all that the employee has achieved
• Make note of how well the employee has contributed to all the efforts made by the organization.

While the employee in question must prepare for the appraisal meeting by:

• Making a list of all the goals and milestones they have achieved during the defined period
• Documenting how they have improved consistently with time and how far they have come since the last appraisal meeting
• Coming up with an actionable plan to improve in the areas that still lack finesse