Performance appraisal and performance management are often used interchangeably, but this is a mistake. They are two different concepts, and this section will clarify them.
Performance appraisal A performance appraisal poland telegram number database or review is a process that evaluates an individual employee's job performance and contributions to the company. It is usually conducted annually and is intended to help employees learn and grow.
Companies also use assessments to identify top performing staff for reward and recognition programs.
Performance Management
Performance management, on the other hand, is a broader concept of which performance appraisal is a part. It consists of everything from setting goals and tracking each employee's progress to providing feedback and rewarding good performance.
Similarities and differences between performance appraisal and performance management
The similarities between performance appraisal and management lie in the fact that both deal with employee development and performance. As explained, the former is a part of the latter process.
For a deeper understanding, take a look at the differences between the two.
| Purpose| Measure employee performance throughout the year | Monitor and improve employee performance on a regular basis
Frequency| Annual | Ongoing process
| Range| Narrow: Only deals with formal annual evaluations: includes goal setting, performance tracking, feedback, etc. |
Performance appraisal and management Understanding
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