Human resource management- Performance Evaluation and Importance

Human resource management- Performance Evaluation and Importance- MBA

1. HUMAN RESOURCE MANAGEMENT 2 ND semester --- 1 ST Mid PPT IMMANI CHANDRA SHEKAR REGD . NO. :19K61E0020 SUBJECT CODE : 18MS02T3 1

2. Mid Topic Performance Evaluation and Importance 2

3. Meaning : Performance Evaluation is a tool which is used to evaluate the employees' performance at the Workplace. It generally includes qualitative and quantitative dimensions of employees' job performance. Definition : According to Gomej-Mejia et al., " Performance Evaluation involves the identification, measurement,and management of human performance in organisations". 3

4. Objectives of Performance Evaluation: Providing Feedback, Facilitating Promotion and Downsizing Decisions, Motivating Superior Performance, Setting and Measuring Goals, Determining Compensation, Counselling Poor Performers, Encouraging Coaching and Mentoring, Supporting Manpower Planning, Determining Training and Development Needs, Validating Hiring Decisions, Providing Legal Defensibility for Personnel Decisions, Improving Overall Organisational Performance 4

5. Process of Performance Evaluation: Establish Performance Standards with Employees, Mutually Set Measurable Goals, Measure Actual Performance, Compare Actual Performance with Standards, Discuss the Appraisal with the Employee, If Necessary, Take Corrective Actions 5

6. Importance of Performance Evaluation: Performance Enhancement, Compensation Adjustment, Eliminating Informational Inaccuracies, Taking Placement Decisions, Diagnose Job Design Errors, Identifying Factors Affecting Performance, Ensuring Equal Employment Opportunity, Career Planning and Development, Identifying Deficiencies in Staffing Process, Identifying Training and Development Needs, 6

7. Conclusion: The ultimate goal of performance appraisal should be to provide information that will best enable managers to improve employee performance. T he performance appraisal provides information to help managers manage in such a way that employee performance improves. 7

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