The rating of record is assigned according to procedures included in the organization’ s appraisal program. Since this is employee’s performance only what they get at the end of the year in form of pay hike, or promotion in designation etc. Performance appraisals give you the opportunity to correct poor job performance, reward excellence, help employees advance their own career goals and give workers a chance to be heard. Managers perform evaluations to benefit both employees and the employer. Benefits of Performance Appraisals. If conducted properly, it has almost universally been reported to be a … Employer Advantages. Importance of a Performance Appraisal It helps the management to place the right employees for the perfect jobs depending on their skills in … Performance appraisal is a perfect way to assess the employee performance evaluation. Human Resource can also be called as manpower, employee, workforce, jobholder or personnel. Conducting performance appraisals helps to decrease uncertainty about job requirements and manager expectations, opens the door for training and development opportunities, and offers a chance to reinforce positive behavior. It is a very useful and reliable tool which will benefit the employees as well as the employers. Employee Development. Evaluation differentiates employees on the basis of their job performance, along with other factors like personality, behavior, etc. Page | 5 . It provides both official training and progress plans … Performance appraisal is very necessary to motivate the employees to … Performance appraisal allows organizations to inform their employees about their rates of growth, their competencies, and their potentials. 1. The performance management files consist of the employees’ professional objectives, his career plans, his achievements and his weaknesses and also the manager’s opinion about him as an employee of the company. Before sitting down to complete the Annual Performance Summary for an employee, gather the following information and documents for your review and reference: • Employee’s job description; • … Human resource means People, shortly called as HR. It enables employees to be intentional in creating their individual