Showing posts with label Performance Appraisal System. Show all posts
Showing posts with label Performance Appraisal System. Show all posts

Sunday, 24 August 2014

EmployWise: Performance Appraisal, the Necessary Evil

Performance Management Software
Performance appraisal has always been deemed as part of performance management, due to the fact that it was the only window a company could employ to understand the performance and manage resources bestowed on its employees.
But rather than posing itself as part of performance management, the fact remains that’s its only a tool to manage performance.
Performance appraisal is known for its inflammable nature, which might turn relationship between the manager and his subordinates into ashes. It proved a hostile environment for talent recognition and earned itself a contemplation to extinguish it completely from the pages of performance management.
But recognizing talent remains a crucial aspect in a company’s step towards its growth, it’s imperative to seek out an employee’s forte and reference it with the competencies required. Therefore it’s apt to label performance appraisal as necessary evil.
In retrospect, a survey done among fifty firms concluded that all of them adopted some model of performance management, while it had worked for some but others had to rethink their model or to discard the appraisal system. Performance management lays out the canvas to paint a more efficient organization. It sets the goals and provides the talent and workforce requirements with a great deal of specificity.
The success of the model adopted relies on the way it’s sold in the company. The theme is to be objective. Goals need to be transparent and clear and should be conveyed to the employee’s without any degree of ambiguity. Lately conventional review systems are being discarded and a more employee friendly reviews are being conducted. It’s religiously followed and the cycle continues every year. It helps the employee to understand their strengths and aids the company to align these strengths towards the betterment of the organization.
When a working model has been discovered, the company switches gear and takes off in stealth mode towards the destination of growth. When competencies and employee strengths are aligned, a profound sense of worthiness blooms within the workforce which yields more productivity and harvests a better profit for the company.
Therefore rather than criticizing and curbing the appraisal system it’s advisable to make it in a way that covers all the facets of performance management system such as goal setting, performance feedback and goal based appraisals.
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Friday, 22 August 2014

EmployWise: Performance Appraisal Software

Performance Management SoftwarePerformance Appraisals can briefly be summed up as a periodic formal interaction between a subordinate and supervisor in the form of an interview, in which the performance of the subordinate is examined and discussed, with the aim of identifying and improving on weaknesses and at the same time building on strengths and other skills.
While this can often transform into a dreaded exercise involving plenty of paperwork, we at EmployWise provide a Performance Appraisal Software that can transform this process into a simpler and systematic one that yields better results. 
An effective employee performance appraisal system is one in which the goals of the employee are aligned with those of the company through a standard system of goal setting.

EmployWise provides a complete employee life-cycle management solution. Winner of the 2008 Beacon Award, it works on the simple premise of maximizing ROTI-Return on Talent Investment. We at EmployWise have created a Performance Management module which provides a flexible and efficient performance management system that allows employee and manager a self service enabled performance evaluation system while reducing the burden of mountains of paperwork from the shoulders of HR. Appraisal forms and reviews can be filed and obtained online. It also manages all computations and aggregations therefore saving the organization of the time involved in compiling company-wide performance data. The performance management module performs the task of creating, executing and analyzing a systematic, transparent and confidential performance appraisal process. As an automated, employee self service system, it provides the flexibility to choose from KRA, competence or Balance Scorecard method based management systems.

Employee performance is a crucial element of any organization. And performance appraisals act as the yardstick for determining individual performances at a macro level and also focus on identifying individual weaknesses.

The performance management module also enables systematic, efficient, regular and frequent reviews and candid and constructive feedback to the employee. The combination of the Performance Management module with the Learning and Development module creates a comprehensive employee capability development system.
All employees and managers of the organization can be ensured of complete confidentiality throughout the entire process and the EmployWise module enables employees to keep track of their career growth within the organization. It enables the mapping of role KRAs and KPIs as well as role competencies and also allows managers to get complete and easy access to KRAs to maintain consistent and good performances from employees.
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