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Summary of the article “4 Types of Performance Appraisal Methods a Company can adopt”

The article recognizes the crucial role of performance appraisal in the company. It is a time when the business management- employers and the employees come together and talk face to face to provide feedback on how the employee worked. Performance Appraisal is used to gauge the employee’s workability thus initiating either a pay rise or promotion. The employee’s strengths and weaknesses, the skills one employs in the job are used thus making one thrive in the competitive fast-paced environment. To ensure a successful performance appraisal, a company can adopt the following methods: Using job results to ascertain the employee’s workability since employment. The employee’s results are compared against the set standards of the company. The method provides an employee with a detailed record of absenteeism, turnover, production rates and profitability. Secondly, a company can adopt an essay method for appraisal. This entails a written report by the evaluator to consider appraising the employer. The evaluator measures the employee’s justification for promotion or pay rise, evaluates the employee’s behavior if it is in tandem with the requirements of the pay rise or the position for promotion. However, this method is said have weaknesses such as having unstructured process and lacking standardization thus making it prone to biasness. The third method a company can adopt is use of graphic rating. This method is where the evaluator rates the employee using a scale containing the requirements for a certain job such as skills, knowledge, aptitudes, attitudes and crucial job behavior. The graph runs from low to high showing the or good to poor. However, this method is likely to have errors that may compromise its effectiveness. The fourth method proposed by the article is the use of Behavior checklist. The employee’s behavior is measured and its suitability to either pay rise or promotion. If the behavior suits the demands of the company for promotion then an employee is considered.

REFERENCE

(Riesty)26th July 2016. www.hrinasia.com/4 types of performance appraisal methods a company can adopt.