What is performance management and appraisal
Performance management is a process that involves monitoring and evaluating the job performance of employees. It is a systematic approach to ensuring that employees are meeting the expectations and goals set by the organization. This process includes setting performance expectations, monitoring and measuring performance, providing feedback, and taking corrective action if necessary. The primary goal of performance management is to help employees understand what is expected of them, identify areas for improvement, and support their development.
- Involves monitoring and evaluating employee performance.
- Aims to ensure that employees are meeting expectations and goals.
- Includes setting performance expectations, monitoring performance, providing feedback, and taking corrective action if necessary.
- Helps employees understand what is expected of them and identify areas for improvement.
- Helps managers identify high performers and potential leaders and make decisions about promotions, salary increases, and bonuses.
Performance appraisal, on the other hand, is a specific part of performance management that involves evaluating an employee’s performance against predetermined standards. During a performance appraisal, the manager and employee discuss the employee’s job performance, goals, and objectives. The manager then evaluates the employee’s performance against specific criteria and provides feedback on areas for improvement.
- A formal process that evaluates an employee’s performance against predetermined standards.
- Provides feedback on an employee’s strengths and weaknesses.
- Usually takes place annually or semi-annually.
- Includes a discussion between the manager and employee about the employee’s performance and goals.
- Helps employees understand their performance and areas for improvement.
- Helps managers make decisions about promotions, salary increases, and bonuses.
