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Essay on Performance Appraisal

Number of Words : 1816

Number of References : 7


 Introduction 3
 Performance Appraisal 3
 Planning Work and Settling Expectations 5
 Continuous Performance Monitoring 5
 Helping the employee perform better 5
 Periodic rating of performance 6
 Rewarding performance 6
 Factors affecting performance of Overseas Employees 7
 Performance Appraisal of an Overseas Employee 8
 Conclusion 9
 References 11


Performance appraisal is an essential component of organizational management. The philosophy behind performance appraisal and proportionate rewarding is that the employees need to progress in life, career and earnings proportionate to the success of the organization. The employees know that a loss making company does not increase the remuneration or salary. Performance appraisal is a process carried out all through the year and not a one-off annual meeting, although the appraisal culminates in the personal meeting, where employees achievements or otherwise are reviewed. There are many factors that affect the performance of an employee apart from his or her own initiatives and motivation levels. Some of these factors are availability of organizational resources, strategies and external environmental influence such as industry and economy. Performance appraisal of an employee on an overseas assignment poses even greater difficulties as continuous monitoring of the performance of the employee is not always possible. In such cases, the appraisal needs to be done on the achievement of deliverables and in line with the living conditions of home and host counties. <br />

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AKey : H-433

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