Appraisals Provide A Structured Way To Offer Feedback
Definition
Appraisals
Appraisals are formal evaluations of an employee's performance over a specific period.
- They aim to:
- Assess Performance: Identify strengths and areas for improvement.
- Provide Feedback: Offer constructive insights to guide future actions.
- Set Goals: Establish clear objectives for growth and development.
- Inform Decisions: Support decisions on promotions, training, or compensation.
Why Are Appraisals Important?
Appraisals play a crucial role in performance management, providing a two-way discussion aimed at development and improvement.
Benefits for Employees
- Encourages Growth: Provides structured feedback to support career development.
- Increases Motivation: Recognizes achievements and boosts morale.
- Clarifies Expectations: Ensures employees understand performance standards.
Benefits for Businesses:
- Enhances Productivity: Identifies training needs and performance gaps.
- Improves Retention: Employees who feel valued are more likely to stay.
- Informs Workforce Planning: Supports promotion and succession planning.
Types of Appraisals
1. Formative Appraisals: Continuous Improvement
- Formative appraisals focus on ongoing feedback to help employees improve continuously.
- They emphasize learning and development rather than judgment.
A sales manager meets with a team member monthly to review sales techniques, discuss challenges, and identify training opportunities.
Strengths
- Encourages Growth: Employees receive regular guidance to enhance skills.
- Builds Trust: Frequent feedback fosters open communication.
- Adaptable: Allows for adjustments to goals and strategies in real time.
Challenges
- Time-Consuming: Requires regular meetings and follow-ups.
- Consistency: Feedback must be consistent and constructive to be effective.
Use formative appraisals to create a culture of continuous learning, where employees feel supported in their development.
2. Summative Appraisals: Evaluating Outcomes
- Summative appraisals assess an employee's performance at the end of a period, such as annually or semi-annually.
- They focus on outcomes and achievements.
A software developer's annual review evaluates completed projects, code quality, and contribution to team goals.
Strengths
- Clear Evaluation: Provides a comprehensive overview of performance.
- Goal Setting: Helps set future objectives based on past performance.
- Accountability: Holds employees responsible for meeting targets.
