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Very valuable information
Incentives are always a plus within a business. It allows for the employee to feel rewarded for effort!
Training can be define as imparting knowledge and skills to improve upon one's performance to ensure efficiency towards a goal.
Within the organisation is it not that each department has thier own set of performance methods to follow, for example in sales you have targets and in IT it is based on how quick and efficient the job gets done?
How do you understand the performance Assessment method?
A performance appraisal is a systematic and periodic process that assesses an individual employee’s job performance and productivity in relation to certain pre-established criteria and organizational objectives. Other aspects of individual employees are considered as well, such as organizational citizenship behavior, accomplishments, potential for future improvement, strengths and weaknesses, etc.
The level of employee performance is the key to business success and to achieve the organization objectives and help it to run both efficiently and effectively. There are many methods that may be used to assess the performance levels of employees. Management by objectives and performance appraisal systems include. We can use that both systems or choose one, the most suitable for the organization or company to appraisal the employee performance.
The employer has do do an appraisal for his employee from time to time because the level of his performance will establish how successful the company is. Management by objectives and performance appraisal system.
Under Management by objectives method which relies upon the creation of employee's set objectives which has a specified time for completion. New goals are set after the employee has completed his given one.
It is good for a company to make assessment of its employees. This will enable the company to know if its employees are performing efficiently and effectively
The level of employee performance is the key to business success. Managers should therefore establish a system whereby the performance of each employee is evaluated on a regular basis. Such an assessment will help the organisation to achieve its objectives and help it to run both efficiently and effectively.
There are many methods that may be used to assess the performance levels of employees. These methods include:
Management by objectives
Performance appraisal systems
Management by Objectives is another method of employee performance appraisal. This method relies on the creation of a set of objectives that an employee hopes to achieve within a specified time-period.
A timeline is established and an assessment of the employee's performances is based on the extent to which the employee achieves these objectives within the specified time period. New goals are established when the original goals have been attained.
Performance appraisal methods include the process of establishing the performance levels of the employees, developing the criteria to be used to evaluate the performance of the employee and actually carrying out the appraisal and providing feedback to the employee.
There are many steps to a successful appraisal process. These include:
The preparation of a written self-appraisal
An evaluation of the employee's work performance
A discussion between appraiser and appraisee
A written statement of the intended outcomes of the process - (e.g. personal objectives, benchmark
to be achieved, assessment process to be followed)
A signing of the agreement
A future evaluation of the outcomes of the agreed document
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