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Briefcase

Unit 2 - Human Resource Management

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Chart Increasing

Unit 1 - Introduction To Business Management

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Money Bag

Unit 3 - Finance & accounts

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Direct Hit

Unit 4 - Marketing

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Factory

Unit 5 - Operations management

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Bar-Chart

Unit 6 - Assessment

Appraisal is like a report card for employees. It&#39;s when bosses check out how their employees have been doing.

&nbsp;

👉 Difference from Inspection: Inspection is like a teacher just marking your paper without explaining the mistakes. In inspection, bosses just observe and often focus on the negative parts.

It&#39;s a two-way street! Employees can talk back, give their views, and even start the discussion. Imagine having a conversation with your favorite YouTuber instead of just commenting and waiting for a reply!

<ul>
	<li>
	For Employees

	<ul>
		<li>🚀 Motivating: Feels good to be recognized!</li>
		<li>🧐 Instructive: Learn from past goof-ups.</li>
		<li>🛤 Career Boost: Know where you&#39;re heading.</li>
		<li>🔄 Career Change: Maybe find a new path!</li>
	</ul>
	</li>
	<li>
	For Businesses

	<ul>
		<li>🔍 Performance Check: Are we doing well?</li>
		<li>🆕 Review Initiatives: Is the new stuff working?</li>
		<li>📂 Record Keeping: Good for documentation.</li>
		<li>🌟 Recognizes Good Work: Employees love it!</li>
	</ul>
	</li>
</ul>

Yes, they can be expensive and chew up a lot of time. But hey, all good things come at a price, right?

<ul>
	<li>Not About Money: Tying it to pay can create a toxic environment. No one wants &quot;Game of Thrones&quot; at work!</li>
	<li>No Punishment: It&#39;s meant to be positive. Imagine getting a candy, not a detention slip!</li>
	<li>Keep Paperwork Low: No one likes homework.</li>
	<li>Honest Talks: Everyone deserves the truth. Like when your best friend tells you those shoes don&rsquo;t really match.</li>
</ul>

<ul>
	<li>
	Formative Appraisal

	<ul>
		<li>Continuous feedback throughout the year.</li>
		<li>Like a tutor constantly guiding you.</li>
	</ul>
	</li>
	<li>
	Summative Appraisal

	<ul>
		<li>Measures against set standards.</li>
		<li>Like your final exams, but no, you don&rsquo;t get expelled for failing.</li>
	</ul>
	</li>
	<li>
	360-Degree Appraisal

	<ul>
		<li>Get feedback from everyone - colleagues, bosses, and even customers.</li>
		<li>Imagine getting reviewed by your classmates, teachers, and the school janitor.</li>
	</ul>
	</li>
	<li>
	Self-Appraisal

	<ul>
		<li>Reflect on your performance.</li>
		<li>Like a personal diary entry about how you did in a game or at school.</li>
	</ul>
	</li>
</ul>

Consider Apple Inc. When launching a new iPhone, they&rsquo;ll get feedback from engineers (employees), store managers (line managers), and customers (clients). This 360-degree approach helps Apple improve its products!

Appraisals are a way for businesses to help employees shine. They&#39;re not about pointing fingers but about growing together. So, next time you get feedback, think of it as your stepping stone to awesomeness!

&nbsp;

🚀 Happy Learning! 🚀

Unit 2 - Human Resource Management

Unlock Employee Potential: The Ultimate Guide To Effective Appraisal Systems

Table of content

What is appraisal? 🌟

Communication in appraisal 🎤

Benefits of appraisal 🌈

Challenges of appraisal ⚠

Unlock the Full Content!

Unit 2 - Human Resource Management

Unlock Employee Potential: The Ultimate Guide To Effective Appraisal Systems

Table of content

What is appraisal? 🌟

Communication in appraisal 🎤

Benefits of appraisal 🌈

Challenges of appraisal ⚠

Unlock the Full Content!