The correct answer to the question is A) Performance appraisal. This process evaluates an employee's performance through goal setting, monitoring, formal evaluation, feedback sessions, and documentation. It is important for enhancing employee productivity and supporting their development.
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The process of evaluating an employee's performance is known as A) Performance appraisal .
Performance appraisal is a key part of human resource management in a business context. It involves evaluating an employee's job performance and productivity with respect to certain pre-established criteria and organizational objectives. This evaluation helps in identifying the strengths and weaknesses of employees, ensuring that performance aligns with business goals, and providing feedback for professional growth.
Key Aspects of Performance Appraisal:
Objective Setting : It begins with setting clear, measurable objectives. These objectives should align with organizational goals and provide a basis for evaluating employee performance.
Continuous Feedback : Employees should receive ongoing feedback, which allows them to understand how they are performing and what improvements might be needed.
Performance Review Meeting : Typically, a structured meeting takes place between the employee and their manager to discuss performance. This meeting often involves reviewing achievements, discussing challenges, and setting goals for the future.
Evaluation Methods : Various methods can be used for performance appraisals, including self-assessment, peer review, and 360-degree feedback, where feedback is gathered from different levels of an organization.
Benefits : These appraisals can lead to decisions about promotions, salary increments, training needs, or developmental activities, ensuring that employees are both motivated and aligned with the company's strategies.
In conclusion, performance appraisal plays a vital role in talent management within any organization, aiding in employee development and organizational success.