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What are 3 key learning points from a Performance Appraisal exercise?

What are 3 key learning points from a Performance Appraisal exercise?
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Answer #1

Any performance appraisal exercise must provide the following:-

  • Feedback on the employees' performance from various aspects to help the employee in improving his/her performance
  • To ensure that the working behavior improves after the appraisal is conducted to increase the efficiency of the workforce.
  • Provide helpful data to the management which would help them in developing an effective employee compensation plan as well as plan the future promotions of the employees.
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