Importance of Performance Appraisal

Question: Performance appraisal plays a very great role in setting objectives and goals. Being an employee of the company, what do you think about the importance of performance appraisal. Explain the 3 basic functions of an effective performance appraisal.

Also, describe the following points in detail:

  • Performance Feedback
  • Validation of Selection Process
  • Employee Training and Development Decisions
  • Transfers
  • Promotions
  • Compensation Decisions
  • Layoff Decisions

Combine all the points and prepare an assignment in 2500 words using MLA format.

Note: Do not exceed the word limit.

 
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