Employee Retention Appraiser Credibility – it is important that the appraiser be well informed & credible. Appraiser should feel comfortable with the techniques of appraisal & should be knowledgeable about the employee’s job & performance.
When these conditions exist, employees are more likely to view the appraisal process as accurate & fair. They also express more acceptance of the appraiser’s feedback & a greater willingness to change.
Motivation, Satisfaction & Retention Performance appraisal can have profound effect on levels of employee motivation & satisfaction. Performance appraisal provides employees with recognition for their work efforts it also offers opportunity to focus on work activities & goals, to identify & correct existing problems, & to encourage better future performance. Thus, the performance of the whole organization is enhanced. The power of social recognition as an incentive has been long noted. In fact, there is evidence that human beings will even prefer negative recognition in preference of no recognition at all. If nothing else, the existence of an appraisal program indicates to an employee that the organization is genuinely interested in their individual performance & development. This alone can have a positive influence on the individual’s sense of worth, commitment & belonging. The strength & prevalence of this natural human desire for individual recognition should not be overlooked. Absenteeism & turnover rates in 39