Advantages of Frequent Performance Appraisal (Essay Sample)

Performance appraisal in business organizations
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QUESTION1
Advantages of frequent performance appraisal
The employees are recognized for their work efforts, and it helps them realize their strengths. It also helps the organization to note the weak and strong employees.
There is employee skills development due to training programs and policies. It aims at improving the performance of an employee. Performance appraisal lead to development and growth in the organization because employees hard work and wanting the best for the company. It helps the employee to get pay rise frequently due to the reviews.
Frequent performance appraisal also helps to know employees who have an interest in their jobs. If an individual works hard, he has an excellent chance of getting reviewed. Frequent performance appraisal also leads to low turnover in an organization because they can maintain employees. Workers can leave an organization if it takes too long to review and this leads to high labor turnover in the organization.
Firms also have a better chance of landing on best prospects through frequent reviews.
Disadvantages of frequent performance appraisal
Performance appraisal tends to differentiate performance among employees. This lowers morale as an individual may feel inferior. This can bring conflict between individuals. Those have not been getting review feel bad and, therefore, those with reviews keep it a secret.
An employee also emphasizes on getting reviews rather than on the quality of the interview process.
It is expensive because the organization needs to manage salary adjustment system due to pay raise of employees.
It is time-consuming to the administrative to manage such an appraisal is extra time is required. Employees are not given greater job opportunities until the first review has been completed.
QUESTION 2
Circumstances when frequent reviews should be done include:
When you want to improve the knowledge and skills of the employee. Frequent performance appraisal will engage the employee in a lot of training activities to become the best. Performance appraisal helps the organization to grow more rapidly. When it is done frequently, the organization has a greater chance of growth and development due to efforts of workers.
It's also necessary to offer performance appraisal if your competitors are offering it. This helps to be at the same level of the other organization. If it is in the company's act that the review should be frequent, then it is necessary. It can be as a legal requirement of an organization.
Circumstances when performance appraisal should not be review frequently include:
It should not be frequently reviewed when the organization does not have enough money to give the employees. Performance appraisal comes with a lot of expenses because employees are given a raise in their salary. When the organization is doing well and does not need performance appraisal to use employees in development and growth.
If it's a small business whereby the owner runs it by himself, then there is no need for performance appraisal.
QUESTION3
Performance appraisal is the formal way of evaluation of an employee to determine how he or she is doing the job. It is the rating of employees.
Performance appraisal practices are the most recent performance management studies. It is a management tool in an organization. Employees play a greater role in determining the survival of an organization. Training or employees is an emerging issue. Employees are trained on what to expect from the organization. Employees can be used positively to sustain the quality of service or product of the organization. Employees can develop a better career path through performance appraisal.
The management knows accurate data and appraisal of employees, and this helps in employment. A stuff hard work and success is reflected in the organizations well performance. Recognizing these efforts and appropriately praising or redirecting them is imperative for organizational success. The performance of employees is also important in order for the organization to be more effective and compete with others. Biases in performance appraisal are also a t