Performance appraisal is a systematic evaluation of an individual with respect to performance on the job and individual's potential for development
In today's ever competitive economy characterised by risk taking, organisation must survive and the key to such survival is revitalised human resource. Neither billions of naira nor state of the art technology and machines can do the miracle if human resource is neglected or forgotten. Employees who have what it takes: skills, talents, capabilities, experience, qualification and genuine work culture who are problem solvers are not readily available. It is necessary that the organisation nurture, nourish and develop its human resource through performance appraisal,performance counselling, potential appraisal and performance review.
Performance appraisal is the undiluted procedure whereby every organisation takes stock of its man power with regards to its present performance, the likes and dislikes of each individual, his or her strengths and failures and his or her potential goals for growth
Purpose of Performance Appraisal:
1. Performance appraisal guides management or organisation to take major decision on transfer, promotion career planing and termination.
2. It serves as a guide to training and development.
3. It strives for merit. performance and reward
4. Organisational development and individual advancement is one of the uses of performance rating and appraisal.
A sound performance appraisal mechanism should be the major goal of every organisation. In doing so human resource department must in consultation with other department heads prepare a recommendations and suggestions on a wider objectives on performance appraisal. whatever maybe the format for the appraisal, the appraisee must be genuinely involved to allow for genuine integration.