Performance appraisals are a powerful way of developing employees and maximising their potential. They are, however, a process which if done badly can lead to low morale and employee turnover.
Formal appraisals are just one part of an organisation’s system of delegating, goal setting, coaching, motivating, and ongoing informal and formal feedback on employee performance. Because of the significance, they carry it is important that managers acquire the planning and communication skills needed to increase sales, profits or productivity for the organisation.
HRLockers Performance Management Checklist will give you clear guidelines on how to effectively carry out appraisals within your company.