Trends related to Performance appraisal

Question

What are the trends related to Performance appraisal?

Answer 1

Following are the occurrence of trends related to Performance appraisal performs can be realised in the global scenario are:-

1) 360 Degree Feedback: It is also known as ‘multi-rater feedback’, where the feedback about the employees’ performance comes from all the sources that come in contact with the employee on his job.

2) Team Performance Appraisal: In this method each employee performance is measured as a team member as well as individually.

3) Rank and Yank Strategy:  It is also known as up-out strategy where the performance appraisal model is prepared in which best-to-worst ranking methods are used to recognise. Then certain plans are chalked out for improvement. Some of the organizations following this policy are Sun Microsystems, Ford and Microsoft.