Performance Management Flashcards

(34 cards)

1
Q

What is an appraisal

A

A formal assessment of an employees performance

Sometimes called assessment

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2
Q

What are the sections of an appraisal

A
  • Strengths
  • Development areas
  • Performance targets
  • Training needs
  • Promotion opportunities
  • Pay progression
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3
Q

What are the purposes of an appraisal

A
  • Motivate staff
  • Give staff focus
  • Staff feel valued
  • Set standard/expectation
  • Record any issues
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4
Q

What is a managerial appraisal

A

A method of appraisal where a manager examines and evaluates an employers performance

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5
Q

Advantages of a managerial appraisal

A
  • Employee receives expert input from manager

- Subsequent actions such as promotion, rewards or disciplinary procedures seem fairer

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6
Q

Disadvantages of managerial appraisal

A
  • Manager may not work closely with appraisee to know their strengths and development areas
  • Input is limited to one point of view
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7
Q

What is a self appraisal/assessment

A

When employees assess their own performance, often using a tick sheet to grade aspects of work

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8
Q

Benefits of self appraisal

A
  • Person can formally assess themself
  • better if manager isn’t close to employee
  • Easy, less intimidating
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9
Q

Disadvantages of self appraisal

A
  • Person May think they’re better than they are

- Person May be conservative in judgement so they don’t seem ‘big-headed’

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10
Q

What is a 360 degree appraisal

A

Receiving feedback from several people within the business

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11
Q

What may a 360 degree appraisal be appropriate

A

In a large business where an employee works for multiple teams

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12
Q

State an advantage of 360 degree appraisals

A

More perspectives allows for a broader picture of performance

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13
Q

State a disadvantage of 360 degree appraisals

A

Different people may have conflicting targets for an employee

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14
Q

What is a peer appraisal

A

A method of appraisal where the employees performance is assessed by a colleague

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15
Q

What is an advantage of peer appraisals

A

If they work closely they are likely to have a better idea of their performance

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16
Q

State a disadvantage of peer appraisals

A

Both positive and negative relationships may influence the appraisal

17
Q

What is meant by labour turnover

A

The number of employees who have left the business, as an annual percentage

18
Q

What is the formula for labour turnover

A

Number of employees leaving during year/number employed during year x 100

19
Q

What is meant by absenteeism

A

Being absent from work

20
Q

What is the formula for absenteeism

A

Total days absent x100/ total available working days per month

21
Q

What is meant by short term absenteeism

A

Being absent for a few days

22
Q

What is meant by long term absenteeism

A

Longer periods

23
Q

What is meant by authorised absenteeism

A

Where permission has been granted for absence

24
Q

What is meant by unauthorised absence

A

Absence is by the choice of the employee

25
What is the formula for lateness
Total number of late arrivals x 100/total number of scheduled attendances
26
What is meant by workforce productivity
Measure of output relative to input
27
What is the formula for workforce productivity
Units of output/avg number of employees
28
What are benefits to a business of improving performance
- Increase output - Increase efficiency - Reduce recruitment and selection costs
29
What are the benefits to employees of improved business performance
- Job security - Higher pay - Potential bonuses - Improvement in work conditions eg safety, holiday entitlement
30
Limitations of quantitative data (eg labour turnover/absenteeism etc)
- May be misleading (2 people leave out of 6, 33% turnover) - Numbers aren’t explained eg why people leave - Averages don’t represent each worker eg productivity - Figures in isolation are limitless in use eg 20% labour turnover is good if it was 30%
31
What is minimum holiday entitlement
28 days per year (inc bank hols)
32
Why may firms increase holiday entitlement
Increase staff morale
33
What is meant by performance related pay
Financial reward to employees for high performance
34
When is performance related pay usually used
When work can’t be measured in terms of output