Performance Appraisal is the methodical assessment of the performance of employees and to understand the abilities of a person for further development and progress. It is also known as performance rating, performance evaluation, employee assessment, performance review, merit rating, etc.
Improvement of performance appraisal: Some Suggestion may be given for the improvement of the performance appraisal program in industrial enterprises in the developed country. These are as follows –
Senior management support: Wholehearted supported of senior management is a must of a successful performance appraisal program. Therefore senior management must regularly give support to undertake a performance appraisal program and finish it properly.
Cooperation of trade unions: Trade union leader must accept the program and give heartfelt cooperation to performance appraisal program. They must convince the employees also to provide cooperation.
Fair ranking methods: For acceptable performance program, a fair method of ranking is essential. Employees will show their support if the fair method of appraisal is followed if even their performance is not satisfactory.
Suitable benefits packages: If benefit packages are suitable for the good performance, the performance appraisal program may attract the employees. Even had performers will be motivated to imprint their performance.
Training of appraiser: Necessary arrangements should be made to train up the appraisers. Before nominating the appraisers, nominating organization policy guidelines to the training institutes and employees.