Performance appraisal

Explain the meaning of performance appraisal?

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Performance appraisal system has been defined in many ways. The easiest way to understand the meaning of performance appraisal is as follows: It is the systematic assessment of an individual with respect to his or her performance on the job and his or her potential for development in that job. Thus, performance appraisal is a systematic and objective way of evaluating the relative worth or ability of an employee in performing his job. The two aspects of performance appraisal considered to be important are: systematic and objective. The appraisal is said to be systematic when it evaluates all performances in the same manner, by applying the same approach, so that appraisal of different persons are comparable.

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