Illustrate your understanding of the term 'Performance Appraisal'. - Leaving Cert Business - Question 8 - 2002
Question 8
Illustrate your understanding of the term 'Performance Appraisal'.
Worked Solution & Example Answer:Illustrate your understanding of the term 'Performance Appraisal'. - Leaving Cert Business - Question 8 - 2002
Step 1
Definition of Performance Appraisal
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Answer
Performance appraisal refers to the systematic evaluation of employee performance and the quality of their work. It involves assessing employees against predefined standards and measures to determine their effectiveness in their role.
Step 2
Purpose of Performance Appraisal
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The primary purpose of a performance appraisal is to provide feedback to employees regarding their strengths and areas for improvement. This feedback can facilitate personal and professional development, helping employees align with organizational goals.
Step 3
Impact on Employee Rewards
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Answer
Organizations often link performance appraisals with rewards. For instance, salary increments, promotions, and bonuses are typically influenced by the appraisal outcomes. This creates a motivation for employees to perform at their best.
Step 4
Central Function in Human Resource Management
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Answer
The design and development of performance appraisal systems are crucial within the scope of Human Resource Management (HRM). They are integral in shaping the work environment and fostering a culture of continuous improvement and accountability among employees.
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