Appraisal

Performance appraisal is a process of evaluating an employee’s past performance and setting up the standards for the future. It involves setting up the new objectives for performance of the employees and how it will be evaluated in the future. These appraisals can either be done once in a year or half yearly or quarterly. The new HRs however emphasize on the continuous appraisals. It is also called as performance planning.

The different types of appraisals can be 180 degree, 360 degree appraisals. It can be simply done with the involvement of the boss and the employee or it can also be done by involving the peers, customers apart from the employee and the superior.

This is used for deciding the future of the employee which can be in the form of promotions in the position or for the increase in the compensations. This is also done for deciding the future career path of the employees.