Performance Appraisal Flashcards
360° appraisal
- receives anonymous feedback from peers and managers
- consolidated into one cohesive report for the employee to reflect on
weekly check-ins
- technique used by the employer to see how their employees are feeling and working
management by objectives
- manager gives appraisee objectives for them to accomplish
- this will help appraise reach the goals of the business
self-assessment
- employee talks about their own strengths and weaknesses, achievements, key data, etc.
- manager will discuss whether they agree or disagree with the content of the self-assessments
pros of 360° appraisal
+ great if opinions from stakeholders are similar as this means info is reliable
+ information consolidated and can be used by the manager in the future if decisions need to be made (redeployment/promotion)
cons of 360° appraisal
- not all stakeholders filing out info may know the appraisee
- appraiser could be biased and therefore lead to inaccurate info about the employee
pros of weekly check-ins
+ if employee was having a bad day when employer checked on their performance, employees are able to show that they are doing a good job at their next check-in date which will prevent long-term bad reputation for the employee
+ if appraisals are not done effectively, weekly check-ins can provide the employee with up to date information about the employee
cons of weekly check-ins
- time consuming as employers will check-in weekly and would have to arrange a weekly check-in with each employee
- meetings can take employees out of their working day
- biased appraisals: the manager may not point out the improvements some employees need to make because they like them, which will lead to inaccurate information
pros of management by objectives
+ if employees can achieve targets set, this can help the business achieve their business goals
+ increases motivation as employees would want to achieve the target set for them, so will work harder to be able to achieve this
+ increases productivity
cons of management by objectives
- employees may not achieve targets
- if targets are not met, managers may feel that they have wasted their time
pros of self assessment
- employees get to reflect on and understand their own performance
- improved communication - self assessments can provide a platform for discussing individual goals/concerns
- reduced bias as managers’ bias sometimes influences ratings
cons of self assessment
- inaccurate self perception
- time consuming as both parties require careful consideration and discussion