Rise of the Temp Jobs and the Freelance/Sharing Economy
The Emerging Uber Economy Most if not all of us would have heard of the ride sharing cab aggregator Uber. Anyone who has taken a ride with the associated drivers belonging to Uber would be aware that the cabs and the drivers who work for the company are not regular full time employees but just […]
Training and Development – Meaning, its Need and Importance
Training and development is vital part of the human resource development. It is assuming ever important role in wake of the advancement of technology which has resulted in ever increasing competition, rise in customer’s expectation of quality and service and a subsequent need to lower costs. It is also become more important globally in order […]
Processes in Human Resource Management
Each organization works towards the realization of one vision. The same is achieved by formulation of certain strategies and execution of the same, which is done by the HR department. At the base of this strategy formulation lie various processes and the effectiveness of the former lies in the meticulous design of these processes. But […]
Shortcomings of Employee Multitasking
Everything in life comes with some positives and some negatives. Every coin has two sides and the same logic applies to employee multitasking as well. Employee multitasking has both pros as well as cons. Let us go through the shortcomings of employee multitasking: Employees who are responsible for many things at workplace are generally overburdened […]
Benefits and Advantages of Self Learning for Students, Professionals, and Everyone
The Benefits of Self Learning Self learning can be quite useful for those who do not have the time to enroll in formal courses and degrees as well as for those who cannot travel to a specific location to educate themselves. In other words, self-learning is neither location constrained nor time-bound, and all that is […]
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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Why Making CSR Outcomes Part of Performance Appraisals Helps Organizations
February 12, 2025
