Understanding Performance Appraisal Methods, Part 3

It is very important that employees are appraised and evaluated on a regular basis. Not only does this give management a way to objectively understand each employee’s strengths and weaknesses, but it also allows the employees to know how they can improve the quality of their work. There are many different methods for appraising performance. Which one is the most effective for your company depends on your industry and on the specific job; however, it is important to understand several different methods and why a business may choose one over another.