What is a performance appraisal?
A performance appraisal is essentially a review of an employee’s job performance and the contributions they have made and may continue to make in terms of the company. Performance appraisals can also be referred to as annual reviews, performance reviews or a job evaluation.
Why do employers conduct performance appraisals?
Performance appraisals are beneficial for both employers and employees alike. In terms of the company, a performance review provides a means by which an employee’s skills, achievements, contributions and growth can be reviewed and assessed.
This can lay the foundation for proper recognition which boosts employee retention. It can also help alert employer’s to deficiencies, giving them the opportunity to put forward measures to either support the employee or move them on from the organisation.
By identifying ways in which an employee may be excelling or lacking, employee’s are given clear information on where they stand and how to move forward. This can help with things like asking for more responsibilities or a pay rise, or identifying training courses to participate in.
How can a workplace efficiently manage performance appraisals?
Central to a performance appraisal is having employee data on hand. This data can give key insights such as the amount of leave requested and taken, as well as further attendance data such as if the employee is clocking in and clocking out on time.
These key insights can provide a basis for a performance appraisal and working out how to better support employees. With Roubler’s employee time and attendance software, this data is automatically curated to offer visibility over actual hours worked, helping to track productivity.