15 Most Used Traditional Performance Appraisal Methods In HRM
Performance appraisals are an integral part of employee performance and development. Employees who get rewards for their good performance are more likely to stay loyal, perform better every year, and even motivate others to deliver quality performance. This is why it is important to measure employee performance in a fair and unbiased manner. Generally, there […]
Types of Performance Appraisals and their Importance
The credit for the flourishing of a business always goes to the dedication and hard work of employees that lead a company to the path of success. The future of a business is directly related to how well the employees of the company perform. To regulate the performance of the employees, it’s essential to have […]
Modern Methods of Performance Appraisal
It is seen that many companies claim Performance Appraisal to be a time-consuming and ineffective process even after spending a lot of time on it. But what they fail to realize is that these problems are associated with the Traditional Methods of Performance Appraisal used by them, which focuses more on measuring the past work […]
Top 10 Performance Management Tools in an Organization
With the ever-evolving future of work, performance management has witnessed and adapted to a number of transformations in order to keep up with the workforce and technology. Traditional approaches such as only annual performance reviews and then goal setting are no longer the only fruitful way. To measure and manage employee performance in today’s fluid […]
Features of Performance Management System
What is performance management? Employee performance management (EPM) is a tool that is necessary for the working of every organization. It involves a continuous comprehensive process of evaluation and communication between the managers and employees. It helps managers to gain a greater understanding of the employee’s skills, competence, etc and any problems that they might […]
Top Performance Appraisal Methods Followed by Employers to Boost Employee Morale
Employee Performance Appraisal is a crucial process that involves the evaluation or assessment of an employee’s performance against the expectations set out by the organization. This process helps to boost the productivity of the employees and improves the overall success of the organization, as it encourages efficient and effective teamwork. What are Performance Appraisals? Performance […]
What Is 360 Degree Performance Appraisal?
360 Degree Appraisal is one of the modern methods of performance appraisal and is known to be the biggest support system to business organizations for determining how an employee performs. It is also known as Multi-rater Feedback System or 360 Degree Feedback System. Initially, a lot of MNCs adopted a 360 Degree feedback mechanism where […]
How is Performance Management different from Performance Appraisal
Performance Management and Performance Appraisal are the tools that aren’t yet pursued by many business organizations because of which these two terms are frequently used interchangeably but of course, this is incorrect. Performance Management and Performance Appraisal are significantly distinct from each other. Let’s understand them in detail and see how Performance Management is different […]