Appraisals
Meaning & Definition
Appraisal
Appraisal is an act of assessing something or someone. An appraisal is a formal opportunity to analyse your performance at work, which also offers you a chance to talk to your employer about your career plans. Appraisals can be used to evaluate pay increases and bonuses. You should be given a written record of your appraisal meeting.
Frequently Asked Questions (FAQs)
What is an Appraisal?
The process of appraisal refers to the evaluation and assessment of an employee's work for a particular duration of time. This is an evaluation done to give the employee:
Constructive feedback
An idea of their future at the organization
Rewards for their consistently improving performance
What is an Appraisal at work?
Through this assessment, a manager is able to evaluate:
The performance of the employee
The recognition and rewards they deserve
The areas in which they need to improve
What are the types of Appraisal?
Appraisals can be categorized into different types based on where and how the feedback and reviews are processed. Here are 5 types of appraisals:
Self-assessment based
Peer assessment
360 Feedback
Negotiated appraisal
Behaviour-based appraisal
What are the 3 basic functions of an effective performance appraisal?
The three basic functions of an effective performance appraisal include:
Fair and constructive feedback
Thorough evaluation of the goals the employee has achieved in the defined period
A proper mechanism for providing training modules for areas that the employee lacks in while rewards and recognition for areas where the employee has exceeded expectations
How to prepare for an Appraisal meeting?
Before going in for an appraisal meeting,
A manager must:
Run through all the parameters for employee assessment
Thoroughly go through all that the employee has achieved
Make note of how well the employee has contributed to all the efforts made by the organization.
While the employee in question must prepare for the appraisal meeting by:
Making a list of all the goals and milestones they have achieved during the defined period
Documenting how they have improved consistently with time and how far they have come since the last appraisal meeting
Coming up with an actionable plan to improve in the areas that still lack finesse
