Why Making CSR Outcomes Part of Performance Appraisals Helps Organizations
February 12, 2025
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Performance Appraisal is the systematic evaluation of the performance of employees and to understand the abilities of a person for further growth and development. Performance appraisal is generally done in systematic ways which are as follows:
Performance Appraisal can be done with following objectives in mind:
It is said that performance appraisal is an investment for the company which can be justified by following advantages:
Compensation packages which includes bonus, high salary rates, extra benefits, allowances and pre-requisites are dependent on performance appraisal. The criteria should be merit rather than seniority.
It helps to analyse strengths and weaknesses of employees so that new jobs can be designed for efficient employees. It also helps in framing future development programmes.
All the above factors ensure effective communication.
Through evaluating performance of employees, a person’s efficiency can be determined if the targets are achieved. This very well motivates a person for better job and helps him to improve his performance in the future.
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