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Monitoring and Rewarding Employees.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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MONITORING AND REWARDING EMPLOYEES TASK 1 Purpose of Performance Appraisals A performance appraisal can be defined as "a structured formal interaction between a subordinate and supervisor, that usually takes the form of a periodic interview [annual or semi-annual], in which the work performance of the subordinate is examined and discussed, with a view to identifying weaknesses and strengths as well as opportunities for improvement and skills development." As methods of measuring performance are imperative in assessing a company's success or failure, performance appraisals are necessary in assessing the employee base that is responsible for the company's overall performance. Historically, the primary participants in a performance appraisal are the supervisor and the subordinate. However, as performance appraisal methods have continued to evolve, the evaluators have grown to include a greater range of participants from peers to customers. In addition to an expansion in the participant base, the function of performance appraisals has also...
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