Top 7 Reasons to Conduct Performance Appraisals

Top 7 Reasons to Conduct Performance Appraisals

MARCH 07, 2022

It is undeniable that conducting performance appraisals in the workplace will bring the best out of your employees. For employees too, it becomes motivating to come to the office and contribute the maximum to the employer. Following are the top 7 reasons for conducting performance appraisals in your organization

Scope of Employee- Employer Conversation

Performance appraisals bring the scope of face-to-face interaction of the employees and management. Appraisals also provide the scope of one on one interaction of the employees with their managers which accesses the areas where they can make improvements. Employees are also free to ask about their concerns or clarify their queries. This helps a lot in employee engagement.

Improves Employees Performance

Motivating employees by providing them with feedback is beneficial. When employees receive positive feedback, they are motivated to work more hard. Employees can be rewarded for their hard work by using performance appraisals as a way to determine when to give bonuses.

Initiates Goal Setting for Better Performance

Since there is a lot of scope of interaction in performance appraisals, it allows the employers to evaluate the goals and aspiration of their employees. They can also evaluate how well they have performed in their set goals for the previous years and what are their perspectives for the next year. Setting goals continuously helps ensure employees are improving and contributing to the mission of the company.

Motivates Employees to Enhance Their Skills

Employees receive performance appraisals as part of their career development, particularly if they plan to advance with the company to a higher position. Evaluations help employees determine what they need to do in order to improve their careers.

Helps Determine Future Training and Workshops

With the feedback received from performance appraisals, an organization can decide the course of training for its employees or decide which employees need what kind of training. For example, if there is a problem of frequent errors in the code of an employee, you can arrange a certification course for her in that technology.

Boosts Employee Engagement

Employees engagement is an essential part of your employee retention regime. Frequent performance reviews demonstrate to employees that their managers are interested in their development and are willing to spend the time needed to provide them with the instruction necessary to succeed.

Simplifies Employee Expectations

Performance appraisals allow managers to reiterate their expectations for their employees. By understanding their daily responsibilities and their manager's expectations, individuals are better equipped to do their jobs.

Since there is a lot of scope of interaction in performance appraisals, it allows employers to evaluate the goals and aspirations of their employees. They can also evaluate how well they have performed in their set goals for the previous years and what are their perspectives for the next year. Setting goals continuously helps ensure employees are improving and contributing to the mission of the company. Employees spend a major part of their day in offices, hence employers should create a positive workplace that motivates employees to do more. An important step of creating a positive workplace is to ask the employees how they feel about the organization. Conduct appraisals at regular intervals; consider asking questions like:

• How happy you are at work?
• Is your work utilizing your full talents?
• Are you feeling recognized at work?
• Is the work environment suitable for you?

Employee s appraisals give you an idea if employees are facing any resentment. However, if your organization does not have similar policies try to identify if there are any negativities in the organization and solve them at the earliest.