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Explain the purposes of performance appraisal. - Commercial Studies

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Question

Explain the purposes of performance appraisal.

Answer in Brief

Solution

  1. To maintain records to determine compensation packages, wage structure, salary raises, etc.
  2. To identify the strengths and weaknesses of employees to place the right men on the right job.
  3. To maintain and assess the potential present in a person for further growth and development.
  4. To provide feedback to employees regarding their performance and related status.
  5. To provide feedback to the employees regarding their performance and related status.
  6. It serves as a basis for influencing the working habits of the employees.
  7. To review and retain the promotional and other training programmes.
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Performance Appraisal
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Chapter 11: Recruitment, Selection and Trading - EXERCISES [Page 188]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 11 Recruitment, Selection and Trading
EXERCISES | Q 11. ii. | Page 188
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