Employee Evaluation Of A Company 's Human Capital Essay

Performance appraisal is an important issue in human resource management and has a significant effect in the performance of an organisation. It is the system of evaluating the performance of employees regarding the accomplishment of their responsibilities and determining their potential to grow and develop. Bias in the evaluation process can affect the accuracy and appropriateness of the performance appraisal. Bias is a serious issue because it affects the ability to make appropriate decisions about the promotion of employees. A performance appraisal system that works to the disadvantage of members of a group can also pose legal issues.

An appraisal is one of the most commonly used methods of formal assessment and is used to evaluate and assess the performance of an employee against agreed targets and objectives, with the aim of improving employee performance. Where an employee has been able to achieve their targets, the appraisal can be used to recognise successes. This often helps to increase an employee’s confidence and motivation and can lead to better organisational performance. Many organisations will use the outcomes of an appraisal to identify potential candidates for promotions or even an increase in pay. At the same time, an appraisal meeting may include discussions on underperformance, identifying why this has occurred and how this can be avoided in the future.

In any workplace, workers are no doubt the essential mainstay that holds any business or corporation together. Employees achieve important tasks to help the company’s long term vision and goals to be successful and efficient. A business can’t be successful without a proper management that is why it is important for employees to enjoy going to work and they also have maintain a positive attitude while being productive and completing tasks. Motivation is what gives a person the purpose to perform or behave in a certain way with the desire or willingness to gain something. There are two types of motivations, motivation that comes from a person and motivation that comes from materially goals. It is very necessary that employers keep their employees motivated and encourage them to perform above expectations.

The following strategies will help you to manage your team more effectively and ensure that they meet future performance goals.

Development of a performance appraisal system that is effective in a human service organization is of benefit for the organization and the employees. For a performance appraisal system to be effective, the system has to be strategic, designed to fit the specific needs of the organization, non-discriminatory, non-bias, with correct implementation and administration. Many different components, must to be incorporated to make this type of system beneficial for all who use it, and all who are evaluated by the system.

Performance appraisal is an evaluation and grading exercise undertaken in organizations to achieve several objectives such as employee motivation, identification of training needs, rewards and remuneration, employee development through feedback etc. [Fig. 1]. All methods for performance appraisal have several advantages and disadvantages based on location of the firm, socio-economic environment, vision and mission of the firm, organizational structure and other factors. Organizations in different industrial sectors may have different focus areas of work and different values and thus, expectations from employees vary across sectors.

The performance appraisal system used by our organization is done annually. The purpose of the review is for employee as well as manager, to aptitude performance from the past year relating to the specific responsibilities and objective of that employee. This gives the opportunity for managers to give feedback on the strengths and development areas that are summarized from that previous year. Employees must also use this opportunity to give feedback on how they can best perform and develop themselves. This

The relationship between motivation and performance always make people think, doing the research, and wonder what is the real connection of these two behind the surface. Although a variety of motivations may affect performance, and performance may be contingent on a multitude f other factors, one of the more important factors affecting performance arguably is the motivation to perform well on the job (Kuvaas, 2006, p. 2). Moreover, the Human asset in the 21st century is considered the most important asset of any company (Hafiza, Shah, Jamsheed & Zaman, 2011). The staffs of any companies are key resources for company’s success as well as maintain competitive advantage.

On the other hand, poor performance, or mediocre performance may lead to negative appraisals and consequences, including job termination or withholding of bonuses, awards, and promotions. Performance appraisals are a systemic means of ensuring quality of work performance, and thus achieving the strategic objectives and advancing the goals of the organization. These performance appraisals, in order to be effective, must be applied in a uniform, objective, fair and consistent manner over time. In addition, the expectations of the performance appraisal must be clearly understood and agreed upon by the supervisor and the employee. Objectivity and fairness in the appraisal system build trust in the organization as well as high morale among employees.

An appraisal is the business tool used at a regular basis to measure an employee’s performance. It is an opportunity to take an overview of a specified period keeping a

Eisenhower’s statement “Motivation is getting people to do what you want them to do because they want to do it.” (Achim, Dragolea, & Balan, 2013) Motivation is art; it is also a power that affects people actions. Indeed not every human being can motivate, but also every human being can be motivated. In performing such a process in a company; it is favorable for the company to know the possibilities and ways of reasoning that would work for each employee according to their targets and parts of interests; then the company would easily desire more and more from those whom they managed to motivate, moreover this process will always work in the benefit of both companies and employees. Motivation is one of the most important things that the human resources department in any company must show a great concern, because through motivation the company could earn more profit, gain a better reputation, and finally satisfy their own

“Performance appraisal” is a discrete, formal, organizationally sanctioned event, usually not occurring more frequently than once or twice a year, which has clearly stated performance dimensions and/or criteria that are used in the evaluation process. Furthermore, it is an evaluation process, in that quantitative scores are often assigned, based on the judged level of the employee‟s job performance on the dimensions or criteria used, and the scores are shared with the employee being evaluated. (Angelo S. DeNisi and Robert D. Pritchard, 2006)

Employee motivation is one of the most critical functions in an organization. It gathers people together to get work done efficiently. Employee motivation influences every part of the business from the sales floor into corporate level offices. It is very important in an organization to have employees working as a team and towards the same goal. However, getting employees motivated towards their job is one of the most difficult tasks for managers. Every employee is first and foremost an individual. Each individual has their own needs and beliefs. It is the manager’s job to set a pleasant environment where everyone feels satisfied and needed within the organization.

Performance appraisals facilitate the maintaining of employee records regarding their past and present performance. This information is important when determining the effectiveness of individual employees in their job positions. The

Finally, employee motivation avails an organization a better chance of meeting the set goals and objectives. Motivated employees look for ways to enhance their performance at the workplace and, therefore, undertake personal development measures to improve their skills (Maddock & Fulton, 1998). This is ideal for any firm since it ensures improved productivity, increased innovation and efficiency at work. These qualities in turn enable the business to achieve its set goals and objectives. Human performance and productivity greatly increase when motivated in any way (Muogbo, 2013). The ability of a firm to meet its set objectives lies on its management. In a bid to realize this, the management is obligated to develop policies and procedures that allows them attract new employees, motivate