Benefits of appraisals
The performance appraisal or review is an opportunity for the individual and those concerned with their performance to engage in a dialogue about the individual's performance, development and support required. It is a free flowing conversation in which a range of views are exchanged. Benefits include:
Help to improve employees' job performance by identifying strengths and weaknesses
Determine how strengths can be best utilised within the business and how weaknesses can be overcome
Reveal problems which may be restricting employees' progress and causing inefficient work practices
Provides an opportunity for positive feedback about performance.
Develops a greater degree of consistency by ensuring that managers and employees meet formally and regularly to discuss performance and potential
Agree and set clear goals and expectations of all concerned
Share an understanding of what is to be achieved
Assist in succession planning
Highlights training needs
Improves communication by giving employees time to talk about their ideas and expectations
Enhance quality of working life by increasing understanding between managers and employees
Move the business forward
Work on your business and not in it!
Improve work/life balance by working smarter, not harder
Provides opportunities for rewards, e.g. more money/time
Share and celebrate success!
