Trends related to Performance appraisal
What are the trends related to Performance appraisal?
Expert
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.
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