Performance measurement

1. Name : SHRADDHA DESHPANDE
CLASS : B.COM 2 sem ‘A’
ROLL.NO : U02AO21C0005
SUBJECT : HUMAN RESOURCE
MANAGEMENT

2. PERFORMANCE
MEASUREMENT

3. MEANING :
• Performance appraisals are systematic ways of
measuring, reviewing and analyzing employee
performance over a given period of time, and
using the information gathered to plan for the
employee’s future with the organization. This
periodical, impartial feedback is used to judge
employee effectiveness as well as provide
necessary development and training to improve
the employee’s contributions to the organization’s

4. OBJECTIVES OF PERFORMANCE
MANAGEMENT SYSTEM
1.Setting and defining goals to fulfill company
objectives
2.Setting the right expectations for managers
and employees
3.Effective communication between individuals
and teams
4.Set performance standards
5.Determining individual training and

5. SCOPE OF PERFORMANCE
MEASUREMENT
1. Provide employees with a better understanding of their role and
responsibilities.
2. Increase confidence through recognizing strengths while
identifying training needs to improve weaknesses.
3. Improve working relationships and communication between
supervisors and subordinates.
4. Increase commitment to organizational goals; develop employees
into future supervisors.
5. Assist in personnel decisions such as promotions or allocating
rewards.

6. FEATURES OF PERFORMANCE
MEASUREMENT :
•Evaluates Performance
•Systematic Process
•Bias Free
•Continuous Approach
•Periodicity
•Based On Definite Plan

7. CONCLUSION
Performance appraisal helps
managers in providing feedback,
Evaluates Performance, of its
employees. It helps in the
promotion and demotion of the
employees. It also helps in
training and development
programmers as per the
requirements of different
employees.

8. Through performance appraisal managers spend funds
fairly on welfare and enhancement of their employee’s
skills by reviewing their performance routinely.
Performance appraisal may be conducted quarterly,
semi-annual, or annually by organizations. Self-
assessment, 360 Degree feedback, Management by
Objectives, Assessment center method, and Peer
assessment are different methods of performance
appraisal.