Benefits Or Advantages Of Performance Appraisal

Some of the major benefits derive from doing proper Performance Appraisal are as follows:-

As Performance appraisal is an objective, systematic and periodical evaluation of staff performance, it therefore enhance the reliability of the company’ staff selection/ assessment procedure and policy Staff is more motivated to learn and grow under this performance appraisal methodology. Enable the assessment of the present and future potential of staff and determines the training and development needs Enable management in better decision making and planning of manpower ensure the effective and judicious use of resources. It acts a tool for job enrichment, promotion, salary increment, career planning, training and development and manpower planning.