Employees would quit their jobs if they feel that their efforts are not being appreciated and if they are not being valued by their respective organisations. This is one of the primary reasons so as to why Performance Appraisals will never fade away. Performance Appraisals can largely benefit the employer as well as the employee. They will lead to fulfillment of individual as well as organisational goals and objectives.
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Valuing and Appreciating Employees - The Heart of Every Organization
Employees need to feel that they are being valued for their hard work in order to ensure personal contentment and a high employee morale. Appraisal is the perfect platform to interact with your employees and guide them through the thick and thin so that they work proficiently with a sense of belongingness.
Valuing and appreciating employees and conducting Performance Appraisals will make them
the cream of the crop.
Lining Up Organizational Activities and Achieving Targets
If employees learn the ropes, their productivity increases which directly affects the organisational activities that they perform. Employees who are above and beyond the call of duty are the most productive ones as they constantly strive towards achieving targets which motivates them further.
Performance Appraisals enable employees to route all their activities through a particular channel according to the ever changing and dynamic business environment to fulfill objectives and achieve targets.
Appraisals for Pacifying Grievances
It is observed that the managers are as busy as beavers and thus they are able to spend minimal time towards addressing employee grievances. Performance Appraisals can significantly help if managers and those functioning at higher levels of authority step into the shoes of the employees to look through their eyes and think from the perspective of the employees and assist them by giving apt solutions for any grievances that they have and showcasing that their employees are worth their salt.
Analyzing and Evaluating Team Requirements for Relevant Training and Development
An organisation is a combination of different people who have various strengths as well as weaknesses but what they have in common is that all of them are sailing on the same boat and playing the same game .Performance Appraisals are needed to analyse the weaknesses of your employees and to assist them in converting these into strengths to add to the organisation as well as for their betterment.
This gives birth to a thought in the minds of the employees that their managers think about their betterment so as to enhance employees’ productivity. If employee requirements are met, it will make sure that they will go the extra mile to add to the organisations overall performance. Appropriate training and development needs can be rightly identified by conducting Performance Appraisals and then necessary training can be given to the employees to whet employee engagement and enhance their skills to a significant extent.
To Conclude
Performance Appraisals go a long way if employees are listened to carefully and if their insights are taken into consideration. Performance Appraisals provide a stage for the employees to open up and when co-operative and understanding managers listen patiently to reason, the end result is a happy everyone who is motivated.
Performance Appraisals will enable all the employees to dab hand at everything they do and will ensure overall growth of the employees as well as the organisation as a whole.