Performance Management and Appraisal Systems
Performance Management and Appraisal Systems constitute a continuous and systematic process used by organizations to align employee activities with strategic goals. This process involves setting clear expectations and objectives, monitoring progress through ongoing feedback and coaching, and formally evaluating an individual's job performance through periodic appraisals. The outcomes of these appraisals are crucial for making informed administrative decisions, such as promotions, compensation adjustments, identifying training and development needs, and terminations. Ultimately, an effective system aims to improve overall organizational productivity by enhancing individual employee performance, fostering open communication, and ensuring that contributions are fairly recognized and rewarded.
- Foundations of Performance Management