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A ratings scale is a common method of appraisal. It uses a set of pre-determined criteria that a manager uses to evaluate an employee against. Each set of criteria is weighted so that a measured score can be calculated at the end of the review.
Self-assessment: Individuals rate their job performance and behavior. Peer assessment: An individual's workgroup or coworkers rate their performance. 360-degree feedback assessment: Includes input from an individual, supervisor, and peers.
Performance appraisal allows you to provide positive feedback as well as identifying areas for improvement. An employee can discuss and even create a developmental (training) plan with the manager so he can improve his skills. It motivates employees if supported by a good merit-based compensation system.
This helps them understand the impact of their performance. The assessment center method divides the review into three stages: pre-assessment, during assessment and post-assessment.
The key criteria for effectiveness in both performance management and performance appraisal are objectivity, transparency and fairness. Desired outcomes should be achievable, measurable and documented.
The FLSA includes these job categories as exempt: professional, administrative, executive, outside sales, and computer-related. The details vary by state, but if an employee falls in the above categories, is salaried, and earns a minimum of $684 per week or $35,568 annually, then they are considered exempt.
Your criteria for judging employee performance should include quantitative elements such as their goals and target achievement. While much of a performance appraisal is qualitative and subjective, the goals and achievement element is objective and measurable in clear numbers.
Here are some types of performance appraisals:Negotiated appraisal.Management by objective (MBO)Assessment center method.Self-appraisal.Peer reviews.Customer or client reviews.Behaviorally anchored rating scale (BARS)Human resource accounting method.
The four types are the full appraisal, exterior-only appraisal, the rental analysis, and the broker price opinion. A full appraisal is the most common type of appraisal. How the appraised value is determined is the same for all home appraisal types. The appraisal costs for each is different.
When you fill the form:Be honest and critical. Analyze your failures and mention the reasons for it.Keep the words minimal.Identify weaknesses.Mention your achievements.Link achievements to the job description and the organization's goals.Set the goals for the next review period.Resolve conflicts and grievances.