Reason of performance rating system

Question

Write down the main reason of performance rating system?

Answer 1

Performance rating systems have various objectives in a generalized system. The main reason of providing this rating system is to get better the profitability and effectiveness of the company. This also boosts the efficiency of the bureaucracy. This system permits the focus to be shifted from overall methodology to the individual employees in the company or an organization. This way the company as well as the employees obtains benefited by it. Employees have their own gratitude and the problems between the two people can be sorted out using this scheme. This system permits some Review goals to be presents and fresh goals can be set to increase their ability or aptitude and relationship among the employees.