An employee performance appraisal is a process—often combining both written and oral elements—whereby management evaluates and provides feedback on employee job performance, including steps to improve ...
If your small business is like more than 5 million others in the United States, it has between 1 and 19 employees – and one very busy owner with an impressive hat collection. You wear sales and ...
Although human resources purists point out the numerous distinctions between the two, in practice, performance appraisal and evaluation are used interchangeably. Both refer to a process by which your ...
Performance reviews or appraisals can trigger a range of emotions in employees. Some employees feel anxious, while others feel appreciative. Other employees may feel confident and look forward to ...
Employees and companies have discarded performance appraisal methods as a futile exercise. However, studies have shown that nearly 72 percent of employees believe that their performance can be ...
Performance appraisal should be treated as an ongoing developmental process rather than a formal once-a-year review. It should be closely monitored by both employee and reviewer to ensure that targets ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...